Economics Archive

Should Appraisers Be Testing Stoves and Dishwashers?

FHA’s latest changes to its single-family mortgage insurance handbook instruct appraisers to test and report on how well the appliances are working when they’re preparing an appraisal for a house that would be financed with an FHA-insured mortgage. This...

Are Renters Saying There’s Market Trouble Ahead?

When it comes to residential real estate, young households are the canary in the mineshaft. It’s a sign of market health if they’re able to find affordable houses to buy and also obtain financing. If homes aren’t available and...
March 28, 2016

Does DIY Apply to Buying a House? Young People Might Think So

One of the side effects of digital communication is it can make people slow to get out from behind their screens to talk to someone face-to-face. Maybe you’ve noticed it with people you know, particularly young people who’ve grown...

Land May Be Your Best Investment

Are your investors wondering where to invest their money next? The opportunities for flipping houses or purchasing rental homes are starting to dwindle, but there’s another option that could be fruitful: investing in land. With the economy on the...
November 13, 2015

Chinese Slowdown Could Help U.S. Real Estate

Could the slowing Chinese economy actually end up being a boon to U.S. real estate?  Johns Hopkins economist Alessandro Rebucci thinks so. He was at NAR’s Washington offices for a REALTOR® University lecture on the impact of global capital...
October 19, 2015

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