Tag Archives: National Association of Realtors (NAR)

While monthly mortgage payments are on the rise, progress has been made in affordability for the second consecutive month.

Buyers may be returning to the market, but millennials and other first-time buyers continue to grapple with still-record-high prices.

Three in four recent homebuyers report that concern over the threat of natural disasters impacts their housing decisions, according to a new survey. 

NAR reports that, year-over-year, median home prices rose 17.8% in July, pricing many prospective buyers out of the market.

Affordability remains a factor in the decision-making of home shoppers nationwide who would rather sit on the sidelines before committing to an overpriced market short on inventory.

June saw more homes available, and with lower rates in the market, more on the sidelines were able to take advantage and purchase a home.

A new survey has found that while supply remains an issue, the housing market is attracting buyers due to mortgage rates, which continue in the 3% range.

To bolster oversight of the nation’s housing marketplace, the President has tapped housing advocate Julia Gordon and Acting CFPB Director Dave Uejio for key roles at HUD.

Pandemic-related remote work situations are pushing more Americans to purchase second homes.

"There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream," says one economist weighing in on a new report.