After a promising start to the spring home-buying season, existing home sales tumbled in March to a nearly five-year low, the National Association of Realtors reported yesterday—and because of the coronavirus pandemic, the outlook for April isn’t any better.
Tag: National Association of Realtors

February Pending Homes Sales Up 2.4%
Pending home sales rose for the second straight month in February—perhaps one last lagging indicator before the coronavirus fallout—the National Association of Realtors reported yesterday.

February Existing Home Sales Hit 13-Year High
Existing home sales rebounded in February to their highest level since Feb. 2007, the National Association of Realtors reported Friday.

Sens. Cramer, Warner Introduce Federal Remote Online Notarizations Bill
Sens. Kevin Kramer, R-N.D., and Mark Warner, D-Va., yesterday introduced legislation that would allow immediate nationwide use of Remote Online Notarizations, a step long-advocated by the Mortgage Bankers Association and the American Land Title Association.

Pending Home Sales Start Year on Strong Note
Pending home sales rebounded in January following a decline in December, the National Association of Realtors reported yesterday.

January Existing Home Sales Down 1.3% But Longer-Term Outlook Promising
Existing home sales declined in January, continuing what the National Association of Realtors described as “a fluctuating pattern” of monthly increases and declines.”

MBA Chart of the Week: Home Sales and Inventory for Sale
This week’s chart highlights longer-term trends in home sales and inventory of homes on the market.

MBA Chart of the Week: Home Sales and Inventory for Sale
This week’s chart highlights longer-term trends in home sales and inventory of homes on the market.

December Pending Home Sales Down 5%
Pending home sales fell in December, falling back after increasing slightly in November, the National Association of Realtors reported yesterday, as all four major regions reported a drop in month-over-month contract activity.

Existing Home Sales Finish Year on More Solid Footing
Existing home sales bounced back in December after a slight drop in November as housing inventories fell to record lows, the National Association of Realtors said yesterday.