"NAR" tag

Getting worse before it gets better

In October there was a significant increase (15%) in foreclosure filings, a category that covers default notices, scheduled auctions and bank repossessions.

Purchase incentives

The National Association of Realtors (NAR) has reported that pending home sales slowed a bit in August.

Home sales strengthen

The National Association of Realtors (NAR) reported last week that existing sales rose at their fastest rate since last September, indicating the housing market is “bouncing back after a sluggish first half of the year.”

Inventories vary by market

The National Association of Realtors (NAR) reported an increase of 1.3% in existing home sales in April from March of this year. However, it also found that home sales are almost 7% below the rate set in April 2013.

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