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Pending home sales pick up in February: NAR

Housing Wire

month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% in February, up from 74.3

Inventory 454
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Pending home sales fall 38% in November

Housing Wire

according to data released last Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9,

Contracts 497
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Pending home sales are down 31% from last year

Housing Wire

according to data released Friday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”. in September.

Contracts 523
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Pending home sales shock 2021 housing crash bears

Housing Wire

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” The title I do believe is fitting: Bear Crusher. in October.

Inventory 529
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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. I don’t know if Realtors can be re-trained to see value rather than price.

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The evolution of the more productive real estate agent 

Housing Wire

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless.

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2023 Maine Year in Review

Lamacchia Realty

The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. In 2023, there were 16,348 homes placed under contract, representing a decrease of 16.4%