Spring is traditionally a strong season for home sales, and despite continued uncertainty in the economy, this spring was no …
national association of realtors
Realtor Revise: Housing Downturn Was Worse Than We Thought
It may not seem possible, but the horrific housing market crash of the past few years has actually been worse than we previously thought.
In the past two years alone, more than three million fewer homes may have been sold than
…
Please, Stop Saying That Lending Standards Are Tight
The continued sluggishness of the residential real estate market is maddening and, very likely, holding back other sectors of the economy. We’d all like to find a solution, of course. But in our frustration, it seems, we have a …
The Real Problem in the Latest Housing Stats
The National Association of Realtors released its July report on housing on Thursday. Considering it’s back-to-school time, let’s take a quiz: The most interesting statistic in the report is …
June Home Sales Disappoint (But Housing Starts Are Up)
Sales of previously owned U.S. homes (which make up the majority of the real estate on the market) were running at a disappointing 4.77 million annual rate in June, according to the latest release from the National Association of …