While the settlement's silver lining is that homes are expected to become more affordable, many uncertainties loom over the housing market.
Tagged: National Association of Realtors (NAR)
The association agreed to give home sellers the option of compensating agents.
NAR report shows regional disparities in transactions, highlighting sensitivity to mortgage rate changes.
National Association of Realtors quarterly update reveals mixed trends in housing affordability and market dynamics.
While overall pending home sales enjoyed an impressive boost, the Midwest, South, and West regions led the way, while the Northeast experienced a slight setback.
Despite a 1% dip in December's existing-home sales, the median price hits a record high of $389,800 in 2023, while housing inventory remains a challenge.
National Association of Realtors reports 0.8% increase month over month.
Lower mortgage rates and rebounding sales are on the horizon.
Rising mortgage rates and limited inventory cast a shadow on real estate market.
National Association of Realtors reports decline in sales across most U.S. regions.