NAWRB

Category: Market

  • Mortgage Rates Drop Further: Is This Hope for Potential Homebuyers?

    Mortgage Rates Drop Further: Is This Hope for Potential Homebuyers?

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    According to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for this week, mortgage rates have continued to drop for the third week in a row. The organization polls approximately 125 banks and lenders nationwide regarding fees, rates and closing discount points for different mortgage products like the 30-year fixed-rate mortgage (FRM), 15-year FRM and the…

  • It is Time to Upgrade to a Smart Home!

    It is Time to Upgrade to a Smart Home!

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    NAWRB wishes all our readers a very Happy 2016. According to the the Smart Home Marketplace Survey from Coldwell Banker Real Estate LLC, 2016 could be the year when smart homes become a mainstream commodity. If you have been shying away from upgrading to smart gadgets, this is the year to act.

  • The Housing Market Shows Positive Trends for 2016

    The Housing Market Shows Positive Trends for 2016

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    With 2015 winding down, prospective homebuyers and sellers are eagerly looking forward to the New Year. Nationwide Economics’ Health of Housing Markets (HoHM) Report brings good tidings with its Leading Index of Healthy Housing Markets (LIHHM). Calculated based on factors like employment, demographics, mortgage market and home prices, the study covers the national housing market…

  • Office Space Prices

    Office Space Prices

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    The cost of housing is something we are all familiar with; from paying your own rent or mortgage to having relatives in other states, we inevitably remain aware of what it costs to live in the United States. But do you know how much office spaces cost? The rates of commercial real estate like office…

  • Home Construction Sees Climb

    Home Construction Sees Climb

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    The housing market is witnessing a recovery as construction of single-family homes and apartments steadily increases. According to the Department of Commerce, builders began construction on 1.173 million units in November, a 10.5 percent increase from October, when calculated at an annual rate. This is welcome news as in October the National Association of Homebuilders…

  • Interesting Real Estate Trends for 2016

    Interesting Real Estate Trends for 2016

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    The 37th Emerging Trends in Real Estate® published by Pricewaterhouse Coopers (PwC) and the Urban Land Institute (ULI) provides an in depth analysis of trends in real estate investments, development, finance, and issues across U.S.A. and Canada. Participants of the survey include private property owners or developers, real estate firms, investment managers, banks, and brokerages…

  • Home Affordability across the Nation

    Home Affordability across the Nation

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    According to the National Association of Realtors (NAR) 2015 Profile of Home Buyers and Sellers the average homebuyer is 44 years old and has a median household income of $86,100; the survey also revealed that debt, increased rents and difficulty obtaining mortgages are prominent factors burdening potential homebuyers. HSH.com recently compiled a list of the…

  • The Thriving Real Estate Market in California

    The Thriving Real Estate Market in California

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    The thriving real estate market in California takes up more than 50 percent of the spots on the October 2015 list of 20 Hottest U.S. Real Estate Markets from Realtor.com®. With cities like San Francisco, Santa Rosa, San Jose, San Diego and Los Angeles on the list, this may be the right time to buy…

  • Hottest Housing Markets in the U.S.

    Hottest Housing Markets in the U.S.

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    Seattle’s culinary and tech scenes, along with a National Association of REALTORS (NAR) affordability index of 110.62, combine to make one of the liveliest housing markets in the country. This is a well-known fact; in fact, Americans aren’t the only ones gravitating to the rainy city, foreign real estate investors are gobbling up the Pacific…

  • Housing Market Improvement

    Housing Market Improvement

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    Today the National Association of Realtors (NAR) reported that after a disappointing August, home sales increased handsomely in September for all major regions (South, West, Northeast and Midwest) of the country. In fact, according to NAR, home sales have increased year-over-year for the last 12 successive months.