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RSS Economist’s Outlook from the NAR

  • Latest Consumer Inflation (March 2015) April 17, 2015
    There is no inflation to speak of as consumer prices did not change over the past 12 months to March.  However, apartment rents continue to show heat with a 3.5 percent gain.  If there were to be some rise in energy prices in the near future (after having fallen big time late last year), then […]
    Lawrence Yun, PhD., Chief Economist and Senior Vice President
  • Using NAR Research to Address Prospective Buyer Concerns “What If We Have Another Recession?” April 16, 2015
    The changes of another recession are essentially 100 percent—at some point in time we will almost certainly have another recession.  What does this mean for homeownership?  In the case of homebuyers, possibly much less than one would think. The average homeowner stays in their home for approximately 10 years.  Over that time frame the homeowner […]
    Jed Smith, Managing Director, Quantitative Research
  • Using NAR Research to Address Prospective Buyer Concerns “Credit Is Tight. Can I Get a Mortgage?” April 13, 2015
    Credit availability is currently easing—but is still tight for many people.  Work by Dr. Laurie Goodman of the Urban Land Institute (summarized in a REALTOR® University presentation)  shows that the proportion of potential home buyers with credit under 660 is currently much lower than was the case in normal credit markets in the year 2000 time […]
    Jed Smith, Managing Director, Quantitative Research