NAR’s Lawrence Yun downgraded his 2025 forecast but sees a potential 14% surge in home sales for 2026, if mortgage rates fall to 6%. Here’s what agents need to know.
Discover NAR Chief Economist Lawrence Yun’s 2025 housing market predictions, including projected increases in home sales, modest home price growth, and stabilized mortgage rates.
The National Association of Realtors® has been the center of attention for a year. That begs the question: how does NAR spend its member dues?
This week in BAM brings you the BAM Pro Bowl, a massive Homes.com marketing campaign, another drop in NAR membership, a HomeServices petition to the Supreme Court, Ryan Serhant takeaways, strategies to maximize listing opportunities, and more.
After the third consecutive drop in membership—and an annual drop of 2.1% in January—Lawrence Yun, Chief economist for the National Association of Realtors (NAR), is warning of further declines in membership over the next 24 months.
Lawrence Yun, chief economist for the National Association of Realtors (NAR) reacts to Tuesday’s Census data release showing a surge in U.S. housing starts in November.
A new NAR report shows April existing home sales have dropped month over month by 3.4% and year over year by 23.2%. Inventory of unsold existing homes grew 7.2% month over month to 1.04M—equal to 2.9 months’ supply at the current monthly sales pace.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss the latest CPI report and what it means for mortgage rates, close to peak rent inflation, Lawrence Yun calling out the Fed, and another drop in inventory.
The latest quarterly report from the National Association of REALTORS® (NAR) shows nearly seven out of 10 (152 of 221) U.S. metros saw home price gains in Q1 2023 as 30-year fixed mortgage rates hovered between 6.1% and 6.7%.
At the National Association of Realtors® 2023 REALTORS® Legislative Meetings, Chief Economist Lawrence Yun took to the stage to discuss the current real estate market, and what he forecasts for the residential and commercial real estate markets.
Byron Lazine and Tom Toole discuss the recent Fed meeting and the 25 basis point rate hike, falling inventory, the drop in showing traffic, the latest jobs report, and the second-biggest home price correction since World War II.
On February 1, the Federal Reserve announced a 25 basis-point rate hike. Here’s what Lawrence Yun says it means for the housing market.
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