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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. All cash buyers now stand at 24%. Historically 2.5

Realtors 418
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Rising home prices take a toll on pending home sales

Housing Wire

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices. compared to a year ago.

Inventory 535
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Can first-time homebuyers afford homes today?

Housing Wire

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

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NextHome CEO James Dwiggins on NAR settlement aftermath: ‘We’re in the first inning’

Housing Wire

They also explore the National Association of Realtors ‘ (NAR) commission lawsuit settlement , agent training deficiencies and more. Dwiggins: Since we started the company back in 2014, we were always looking to try and be a little bit different from the rest of the industry, in the sense of it wasn’t about having tons of agents.

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U.S. home prices hit 14-year high in October

Housing Wire

Craig Lazzara, managing director and global head of Index Investment Strategy at S&P Dow Jones Indices, said that it’s likely COVID-19 has pushed buyers to move from urban apartments to suburban homes. growth rate was more than six and a half years ago, in March 2014.”.

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Dave Mele exits as Homes.com president

Housing Wire

Dave Mele, president of Homes.com since 2014, has left CoStar Group to pursue “an opportunity outside of the real estate industry,” he confirmed to Real Estate News on Friday. Prior to CoStar’s acquisition, Homes.com sold buyer leads to agents but ceased this practice after the deal.

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Three in four baby boomers don’t use homebuyer resources

Housing Wire

That year, they accounted for 39% of all buyers, according to the National Association of Realtors , pushing millennials out of the top spot for the first time since 2014. Even as many boomers remain in the long-term renter pool, they were also the nation’s largest demographic of homebuyers in 2022.

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