A record high 26% of buyers paid cash for their home and 17% purchased a multigenerational home, according to NAR’s new 2024 buyers and sellers profile.
Real estate firms are adopting innovative tools like AI and blockchain to enhance efficiency, improve client relations and transform property sales.
Newly built homes are making up a smaller portion of total inventory as builders back off and more homeowners list their houses for sale.
NAR Chief Economist Lawrence Yun forecasts improved home sales, slower appreciation and falling mortgage rates over the next two years.
Most U.S. renters pay between $1,000 and $1,999 a month across the nation. The median apartment asking rent now sits at $1,634.
Storms caused significant damage across the state, resulting in a loss of economic activity. Floridians had mixed opinions about current economic conditions.
NAR’s latest Consumer Guide, Ten Questions to Ask a Seller's Agent, provides helpful questions sellers should consider when selecting an agent.
Pending home sales bounced 7.4% to the highest level since March; they're up 2.6% YoY. In the South, pending home sales improved, NAR said.
What standards does a hearing panel use to determine an ethics violation for a Realtor who used protected class hate speech? Read the case studies and more.
Proper preparation and precisely drafted purchase and sales agreements can help avoid costly and time-consuming problems in transactions.
