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NAR

Pending Home Sales Tumbled 7.1% in August

National
Pending home sales slid 7.1% in August, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses and year-over-year declines in transactions. "Mortgage rates have been rising above 7% since August
AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 223 OF 358 METRO AREAS BETWEEN AUGUST 2022 AND AUGUST...

National
Dallas-Plano-Irving, Texas, and Baton Rouge, La. Register the Largest Number and Percent of Job Gains; Houston-The

Senior Home Equity Levels Rebound to $12.7 Trillion in Q2

National
Homeowners 62 and older saw their housing wealth increase by $820 billion in the second quarter of 2023 to $12.69 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
FEMA

Rebuilding? Check First with Local Authorities About Permits

National
FDEM’s Office of Floodplain Management and FEMA remind residents planning to make repairs or rebuild after Hurricane Idalia to consult with their community’s building or planning
MBA

MBA Opens Doors Foundation Kicks Off 2024 Fundraising Season with Nearly $2.7 Million in...

National
The MBA Opens Doors Foundation (Opens Doors) today announced it received $2,684,526 in corporate and individual donations during its Annual Appeal fundraising campaign to kick
NAHB

Housing Starts Lower on Rising Mortgage Rates

National
Higher mortgage rates averaging above 7% put a damper on single-family production in August, as builders also continue to face supply-side challenges in the form of elevated construction costs, a lack of skilled labor and a shortage of buildable lots.

California Protects Greater Joshua Tree Landscape from Contentious Project with New Legislation

National
The California State Legislature has advanced historic energy procurement legislation (AB 1373) that takes a strong stance against the contentious Eagle Crest Pumped Storage Energy Project proposed near Joshua Tree National Park.
NAR

Elevated Home Prices and Mortgage Rates, Limited Inventory are Home Buying Barriers, According to...

National
The current real estate market's high home prices and mortgage rates, as well as limited inventory, are the top reasons that
Congressman Doug Lamborn

Congressman Lamborn’s Statement Following Meeting with Balfour Beatty Communities on Fort Carson Housing Issues

National
RealEstateRama - Congressman Doug Lamborn met with Balfour Beatty Communities (BBC) President, Christopher Williams, to
ULI

Urban Land Institute Welcomes Distinguished Real Estate Leaders to Key Governing Bodies

National
More than 30 internationally-renowned real estate industry leaders have been elected to four-year terms as Urban Land Institute (ULI) Global Governing Trustees, while numerous other
MBA

August New Home Purchase Mortgage Applications Increased 20.6 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2023 shows mortgage applications for new home purchases increased 20.6 percent compared from a
Woodstock Institute

Just-Released Report Identifies Solutions for Closing Chicago’s Racial Homeownership Gap

National
The report’s policy recommendations are the result of work between community organizations and different kinds of mortgage lenders, as part of the Mortgage Access Initiative led by Woodstock Institute and Neighborhood Housing Services
NAHB

Large Metro Markets Show Biggest Slowdown in Single-Family Construction

National
Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro
AGC

NEW SURVEY SHOWS SIGNIFICANT FLAWS IN NATION’S APPROACH TO PREPARING WORKERS FOR CONSTRUCTION CAREERS...

National
88 Percent of Construction Firms Having a Hard Time Finding Workers to Hire, Undermining Efforts to Build Infrastructure &

NFHA and Fellow Fair Housing Advocates File Amicus Brief in Supreme Court Supporting the...

National
The National Fair Housing Alliance (NFHA), 50 of its operating members, and three fair housing testers filed an amicus brief in the U.S. Supreme Court in Acheson Hotels v. Laufer, a case that will decide whether testers have standing to pursue claims under the Americans with Disabilities Act (ADA).

GCAAR housing stats | July ‘23

National
The regional median sold price for residential properties for July was $611,000, representing a decrease of 2.2% compared to last month and an increase of 2.7% from July 2022. The average days on market for units sold in July was 21 days, 5% below the 5-year July average of 22 days
NAR

Pending Home Sales Elevated 0.9% in July, Marking Second Consecutive Monthly Increase

National
Pending home sales increased 0.9% in July – rising for the second consecutive month – according to the National Association of REALTORS®. The Northeast and Midwest posted monthly losses
AGC

CONSTRUCTION EMPLOYMENT INCREASES IN 226 OF 358 METRO AREAS BETWEEN JULY 2022 AND JULY...

National
Dallas-Plano-Irving, Texas, Yuba City, Calif., and Corvallis, Ore. Lead the Nation in Employment Increases; Miami-Miami Beach
NAHB

New Home Sales Increase in July Despite Higher Mortgage Rates

National
Low existing inventory and solid demand more than offset rising mortgage rates and elevated construction costs to boost new home sales last month. Sales of newly built, single-family homes
MBA

Mortgage Application Payments Flat in July

National
Homebuyer affordability in July was challenging but mostly unchanged from June, with the national median payment applied for by purchase applicants remaining at $2,162. This is according to the Mortgage Bankers Association's (MBA) Purchase

Recent NAR Press Releases

NAR

Pending Home Sales Tumbled 7.1% in August

Pending home sales slid 7.1% in August, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses and year-over-year declines in transactions. "Mortgage rates have been rising above 7% since August

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