Posts by Kerrie Kennedy

Pending home sales took a deep dive in April, but NAR upgrades its forecast
Pending home sales took a deep dive in April, but NAR upgrades its forecast

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back...

 Mortgage applications are up, consumer confidence stabilizes
Mortgage applications are up, consumer confidence stabilizes

Encouraging new data shows that buyers are coming back and consumers are feeling more confident, though concerns about job stability and possible inflation...

 Despite pandemic, new homes are selling
Despite pandemic, new homes are selling

Data shows sales of new construction single-family homes rose slightly in April while price growth continues, albeit...

 Existing-home sales drop 17.8% in April, but first-timers are coming back
Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new...

 Builder confidence up after April drop; signs of rebound emerge
Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit...

 Buyer demand remains strong despite pandemic, says new report
Buyer demand remains strong despite pandemic, says new report

RE/MAX’s recently released National Housing Report points to the resiliency of the market amidst coronavirus and economic...

 The worst is over, says NAR Chief Economist Lawrence Yun
The worst is over, says NAR Chief Economist Lawrence Yun

Speaking at NAR’s recent Residential Economic Issues and Trends forum, NAR’s Lawrence Yun said economic recovery is around the...

 Top Agent Network files antitrust lawsuit against NAR
Top Agent Network files antitrust lawsuit against NAR

California-based broker platform Top Agent Network has sued NAR over the pocket listing rule that went into effect this...

 Sold to the highest bidder
Sold to the highest bidder

The higher the price, the smaller the market. All too often, the reality for agents selling high-end homes is working with a narrow cross-section of potential buyers. Fine home auctioneer and licensed real estate broker Rick Levin of Rick Levin...

 New listings fall as pandemic concerns keep sellers on the sidelines
New listings fall as pandemic concerns keep sellers on the sidelines

A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see...

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