Understanding the Market

Market Pulse Survey • The open house traffic index saw year over year growth for the fourth straight month. The index was 63 in June, up from last year’s index at 53. • REALTOR optimism about market conditions continued and remained above fifty. The index, however,...

CAR Market Matters

Talking Points A drop in interest rates drives homeowners and homebuyers to the mortgage market. Total mortgage application volume increased 3 percent last week, according to the Mortgage Bankers Association. The increased mortgage activity was buoyed by applications...

Warning: Text Message Scam Alert

NAR is warning REALTORS® about a text message scam alert in which recipients receive a text message asking for payment of a fine or sales tax on a prize. The sender claims to be NAR. It is not NAR. In one version of the scam, a scammer levies false ethics accusations...