Tag: News

Retreat for First-Time Homebuyers: A Market Turning in Your Favor

Inventory Is Rising—but Still Below Pre-COVID Levels Homebuyers are starting to breathe easier as housing supply begins to recover. Listings are up nearly 20% compared to last fall—great news for buyers. Still, overall inventory remains about one-third below the levels seen before the pandemic. Why the uptick? Life and career changes are prompting more homeowners …

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The Real Estate Outlook: Why There’s Finally Reason to Be Optimistic

After what feels like an eternity of economic uncertainty, rising interest rates, and sky-high home prices, we finally have some good news to share: the real estate market is showing signs of real, sustainable improvement. Yes, things are looking up—and not just a little. If you’ve been sitting on the sidelines waiting for the right …

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Contract Signings Climb Modestly, Closing Out a Slow Spring Market

Housing Market Update: A Little Spring Bump in Home Contracts 🌱🏡 June 26, 2025 — It looks like the spring housing market finally found a bit of its footing. After a choppy few months, pending home sales ticked up 1.8% in May, giving buyers, sellers, and real estate pros alike a small reason to smile. …

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Solving the Housing Shortfall: Insights from Economist Nadia Evangelou

Homes on the market have surged—up nearly 20% compared to a year ago—offering a glimmer of hope in a market long hindered by limited inventory. While this uptick slightly eases price pressures in some regions, supply still falls well short of demand in many markets, keeping a large group of prospective buyers locked out.  Who’s …

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Mortgage Forbearance and Its Ripple Effects in Today’s Housing Market

What Is Mortgage Forbearance? Mortgage forbearance is a temporary arrangement with your lender that allows you to pause or reduce mortgage payments when facing a short-term financial hardship—like job loss, illness, or natural disaster. While forbearance offers breathing room, it doesn’t cancel what’s owed. Deferred payments and accrued interest must eventually be repaid under agreed …

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Gain a Local Advantage with the New NAR Metro Market Statistics Dashboard

A Powerful Member-Only Resource NAR has introduced a brand-new, member-exclusive tool: the Metro Market Statistics Dashboard. Think of it as your one-stop shop for local housing market insights—updated every month and tailored to over 200 metropolitan areas. It delivers a clear snapshot of local market conditions, including: As NAR Chief Economist Lawrence Yun puts it, …

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The “Magic” Mortgage Rate That Could Heat Up the Market

Even as mortgage rates remain elevated, buyer interest is waiting on a trigger—and according to the latest from the National Association of REALTORS® (NAR), that trigger is a 30-year fixed rate of 6%. Why 6% Matters Now NAR economists estimate that a drop to 6% would expand affordability to an additional 5.5 million households, including …

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Homeowners Reaping Big Equity Gains Despite Cooling Sales

Even though home sales slowed significantly in June, homeowners are still seeing impressive equity growth. Here’s a breakdown of what’s happening: Housing Market Overview Prices Are Still Rising Inventory and Buyer Behavior Regional Trends What’s Holding Buyers Back—and What Might Help Summary Even as home sales cool, owners are seeing solid equity gains—thanks to rising …

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Housing Market Sees an Uptick in Listings, But Buyers Are Staying Cautious

The housing market is showing some signs of change, as more homes are making their way onto the market—but prospective buyers are holding back. Despite the rise in inventory, buyers aren’t rushing in to make deals. So, what’s causing this hesitation, and what does it mean for both sellers and buyers? More Homes on the …

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National League of Cities Expands Housing Initiative With New Partners

As housing supply shows signs of improvement across much of the U.S., the National League of Cities (NLC) is stepping up efforts to keep the momentum going. Their initiative, America’s Housing Comeback, is gaining traction—and new partners. On August 6, the National Association of REALTORS® (NAR) announced it is teaming up with the American Planning …

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How Brokers Can Help Agents Communicate Their Value

Real estate pros—especially buyer’s agents—need guidance on how to explain their services to clients. Recent class-action lawsuits have made crystal clear that the real estate industry is in the midst of a paradigm shift, which means brokers and agents need to shift their business practices, experts said Monday at the Small Brokers Committee meeting during …

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