Economics Archive

The Best Country for Americans to Invest Abroad

When we speak of international buyers, we’re usually talking about people from other countries who want to invest in U.S. property. But the lines go both ways. There are high-net-worth Americans who want to buy homes in other countries,...
April 22, 2015

As Luxury Market Soars, A Moment for Concern

Exceptional growth has been the storyline of the luxury real estate market the past few years. No other price segment has rebounded from the housing crash with as much gusto as that of million-dollar-plus homes, which are selling at...
April 22, 2015

Commercial: Secondary Markets Gain Attraction

The dollar is strengthening, so you would expect institutional real estate investors from outside the U.S. to hesitate before buying here. But that’s not happening, because the relative stability of the U.S. economy and commercial real estate markets offsets...
February 6, 2015

About That FHA Prepayment Penalty . . .

News that FHA will eliminate a prepayment penalty starting next year has been widely reported. It’s a move NAR has been seeking for some time because it will relieve borrowers of a financial hit that’s entirely out of their...
September 11, 2014

Realtor.com®’s First Economist: I’m Anything But Typical

While real estate portals like Zillow and Trulia have long had their own economists providing insights to consumers about the industry, a similar leading figure interfacing with the public has been missing from realtor.com®. Under the agreement between the...
July 28, 2014

Yun on Debt Ceiling: 450,000 Lost Sales with 1% Mortgage Rate Rise

If the federal government fails to increase its borrowing authority prior to when the U.S. Treasury says it will run out of money to pay its bills, debt default is not necessarily the first consequence we’ll see, says NAR...
October 9, 2013

Watch Rates, But Inventory Remains Key

The big challenge for the housing market today remains the lack of inventory, even though interest rates are rising, NAR Chief Economist Lawrence Yun said at his monthly press conference earlier this week in which he released the latest...
July 24, 2013

Market Stabilizing for Long Term, Brokerage Giant CEO Says

Interest rates are rising and home prices are seeing double-digit increases on a national basis, making it clear that real estate is entering a different phase from what we’ve seen in the past several years, when the market was...
June 28, 2013

How Communities Become Nicer Places to Live

For the last several years NAR has been making tens of thousands of dollars a year available to state and local associations for smart growth initiatives and so far more than $1 milion has been given away to 265...
June 17, 2013

Young Adults Sour on Buying? Study Says No

A number of news articles during the thick of the housing bust and even some today suggest that younger households have been spooked out of buying a home because of market uncertainties. “The younger you are, the more freaked...
June 12, 2013