Lawrence Yun is Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®. He directs research activity for the association and regularly provides commentary on real estate market trends for its 1 million REALTOR® members.
housing affordability« Previous Entries
Understanding the home loan process can be complicated, particularly with all of the loan-specific terms. Becoming familiar with frequently used lending terms may make the process less stressful. In this article you will find information on frequently used lending terms. This list, however, is not exhaustive.
Buying a home in a seller’s market can be stressful and pricey for the buyers. It can be a frustrating process full of disappointments and you’ll probably want to forget the whole thing. But with a bit of preparation and planning, it can be successful and rewarding: concluding in you enjoying living in a new [...]
How often do low-ball offers work? Let’s ask it a different way, “How often have buyers been able to get a big discount off of the list price?” In a good market? Very rarely. In a weak market? More frequently, but not as often as you might think.
In January 2013, as compared to January 2012, the housing market in New England and New York saw strong increases in overall unit sales and sharp decreases in total inventory. Additionally, most states saw increases in average sale prices. All of these indicators point toward a growing and strengthening housing market.
With the excess of free time that can be afforded to oneself due to a lack of power caused from the Blizzard of 2013, I started to ponder: what will the Massachusetts real estate market would look like at the end of 2013? Hence, here my thoughts on where I see the market headed this [...]
As 2013 kicks in to full gear, many reports have been released confirming that, yes, the real estate market is improving. But what exactly is contributing to the increasingly successful market?
William Raveis reviews how you and the overall housing market will be impacted by the fiscal cliff.
William Raveis agent, Ruth Lerner, discusses how sellers should handle a multiple-offer situation.
William Raveis Real Estate reviews the housing market for the 3rd quarter and makes predictions for 4th quarter and 2013.
Learn all about Energy Efficient Mortgages and their eco- and financial benefits.