article thumbnail

The evolution of the more productive real estate agent 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Gault and Wexler both came from real estate families and have been in the industry for over 20 years.

article thumbnail

Pending home sales were flat in April, but the South is a bright spot

Housing Wire

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 336
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pending home sales fall to their lowest level in two decades

Housing Wire

Pending home sales in October fell to their lowest level since 2001. in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% down from 72.6 in September.

article thumbnail

Pending home sales rose 0.9% in July

Housing Wire

in July, according to data released Wednesday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. interestingly fell, even though these two regions recently boasted more robust real estate activity and stronger pricing. annual drop recorded in June.

Inventory 392
article thumbnail

Pending home sales rebound in March

Housing Wire

The National Association of Realtors released encouraging news Thursday about the future of the housing market. relates to a baseline of 100 that the NAR put together in 2001. “By By coincidence,” the NAR explained, “The volume of existing homes sales in 2001 fell within the range of 5 to 5.5 What is this index? population.”.

Contracts 414
article thumbnail

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 478
article thumbnail

11 Twitter accounts to help you stay up-to-date on the housing market

Housing Wire

Dr. Jessica Lautz : (@JessicaLautz) Dr. Jessica Lautz is the vice president of Demographics and Behavioral Insights for the National Association of Realtors’ Research group. Bill McBride : (@calculatedrisk) Bill McBride is the author of the Calculated Risk economics blog and writes a real estate newsletter.