Marketing & Statistics
RealEstateRama Marketing & Statistics
New Home Sales Increase in May Before Fed June Rate Rise
After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new home sales posted a solid gain in May as some buyers rushed into the market in advance of the Federal Reserve’s June interest rate hike
Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First...
Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions.
BLM KICKS OFF GREAT OUTDOORS MONTH WITH TWO ACQUISITIONS THROUGH THE LAND AND WATER...
The Bureau of Land Management is kicking off Great Outdoors Month by finalizing two land acquisitions in Colorado and Wyoming that will unlock over 40,000 acres of previously inaccessible public land
Rising Interest Rates, Higher Construction Costs Slow Housing Production
Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market.
Share of Mortgage Loans in Forbearance Decreases to 0.85% in May
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 0.94% of servicers’
Mortgage Applications for New Home Purchases Decreased 5 Percent in May
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2022 shows mortgage applications for new home purchases decreased 5 percent compared to a year ago.
Mortgage Credit Availability Decreased in May
Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
New Research Shows Regulations Account for 40.6 Percent of Apartment Development Costs
Regulation imposed by all levels of government accounts for an average of 40.6 percent of multifamily development costs, according to new research released today
Pending Home Sales Descend 3.9% in April
Pending home sales slipped in April, as contract activity decreased for the sixth consecutive month, the National Association of Realtors® reported. Only the Midwest region saw signings increase month-over-month, while the other three major regions
7 Essential Factors That Drive The 2022 Real Estate Market
The real estate market is one of the most critical sectors in the lives of millions of consumers and subsequently a vital driver of the economy. Every year, buyers decide to turn their back
New Home Sales Down on Rising Interest Rates, Declining Affordability
In a further sign of a housing slowdown, new home sales posted a double-digit percentage decline in April, falling to their weakest pace in two years, as rising mortgage interest rates
NONRESIDENTIAL CONSTRUCTION INPUT PRICES SOAR 21 PERCENT FROM APRIL 2021 TO LAST MONTH; ASSOCIATION...
Wide Range of Costs Rise at Double-Digit Rates, Led by 86 Percent Jump in Price Index for Diesel Fuel, 45 Percent for Aluminum Mill Shapes, 32 Percent for Architectural Coatings
5 Low-Cost Marketing Ideas For Real Estate Teams
Real estate is one of the most valuable industries in the world market today, with many countries generating billions of market assets. Considering the earning potential of many real estate
The Atlanta REALTORS® Association Raises Money for Covenant House Georgia at its 2022 Social...
The Atlanta REALTORS® Association (ARA) held its annual Social Fundraiser at KR Steakbar on Wednesday, April 27, 2022. The annual event, which always benefits a local charity, provides an opportunity for area REALTORS® to come together in a lively, fun atmosphere to raise money for a great cause. This year's event was no exception. REALTORS®, sponsors, and members of the community enjoyed themselves at a casino themed event
Five Tips for New Realtors
If you have recently embarked on your journey as a real estate agent, you may be eager to get out there and start selling homes. However, before you go out on your own it’s important to take a few things into consideration first. Do you want to work independently or with a firm? Do you have a business plan? Do you know what a real estate CRM is? These are all things to think about before setting out. Below, you will find five tips for new realtors that could significantly help you succeed in your career
NAR Showcases New Implicit Bias Certificate Course on First Day of Legislative Meetings
The National Association of Realtors® on Sunday showcased a new certificate course to help real estate professionals combat implicit bias.
Bias Override: Overcoming Barriers to Fair Housing
GCAAR housing stats | March ’22
The median sold price for residential properties in the region for March was $600,000, representing an increase of 7% compared to last month and an increase of 7.6% from March 2021. The average days on market for units sold in March was 22 days, 28% below the 5-year March average of 31 days.
Housing Market at Inflection Point as Builder Confidence Continues to Fall
Rapidly rising interest rates combined with ongoing home price increases and higher construction costs continue to take a toll on builder confidence and housing affordability.
Share of Mortgage Loans in Forbearance Decreases to 1.05% in March
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 13 basis points from 1.18%
Existing-Home Sales Slip 2.7% in March
Existing-home sales decreased in March, marking two consecutive months of declines, according to the National Association of Realtors®. Month-over-month, sales in March waned in three of the four major U.S. regions while holding steady in the West. Sales were down across each region year-over-year.
