NAR: Buyer traffic up 29% from a year ago

Sales of previously-owned homes rose just 0.4% in January as the continued shortage of housing for sale in the U.S. pushed prices to their highest level in 29 months, the National Association of.

10 Questions to Ask Your Real Estate Agent When Buying a House | Hiring a Realtor Interview “Buyer traffic is easily outpacing seller traffic in several metro areas and is why homes are selling at a much faster rate than a year ago. have to come up with additional savings or compromise on.

Lawrence Yun, NAR's Chief Economist, had this to say:. up home prices to a point where an increasing number of prospective buyers are. August 29, 2018. Some are making comparisons to the market we experienced 10 years ago and. Every month this year, demand (buyer traffic) has increased as compared to.

August 16, 2018 Housing Market Update. leading up to the “boom and bust” that we experienced a decade ago.. Every month this year, demand (buyer traffic) has increased as. However, a recent report by the National Association of Realtors (NAR) revealed the first year-over-year increase in supply in three years.

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First-time buyers made up 33 percent of all home buyers, a decrease from last year's 34 percent. The typical buyer was 46 years old this year, and the median. At 29 percent, the primary reason for purchasing a home.

Permanent HAMP mods fall 26% in August September 30, 2017 (e.g., the HAMP, Treasury FHA-HAMP, RD-HAMP or 2MP permanent modifications or extinguishments must have a modification or extinguishment effective date on or before September 30, 2017 or the HAFA short sale or DIL of foreclosure must have a transaction closing date on or before September 30, 2017).

We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house. Let’s look at the data covered in the latest REALTORS Confidence Index and Existing Home Sales Report.

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The National Association of Realtors says its seasonally adjusted index for pending home sales rose. is 4.3% below a year ago. Steady job gains and near-record low mortgage rates have helped drive.

Housing demand to grow as new immigrants arrive  · But the migrant housing centers only serve families, which make up a small fraction of the state’s migrant workers. The majority of farmworkers – single men – aren’t eligible to live there. And as the farming industry has changed, the centers aren’t doing enough to keep up with the growing demand for housing, Jacobs said.

The median price in the Midwest was $186,500, up 6.6% from a year ago. Existing-home sales in the South increased 4.1% to an annual rate of 2.29 million in July and are now 9.6% above July 2014.

Existing-home sales improved for the second month in a row in May, up significantly from a year ago, while the median sales price continued to increase. NAR: Buyer traffic up 29% from a year ago.