Despite dip in pending home sales, market is still strong

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National Association of Realtors
October 28, 2021
 

Buyers Pause Their Home Search

Pending home sales dipped 2.3% in September, but NAR Chief Economist Lawrence Yun says it’s a short-lived blip.
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Urban Rents Soar as Cities Recover From Pandemic Hit

In most metros where tech jobs are booming, the rent growth in September was higher than before COVID-19.

Lumber Prices on Steep Incline Again

Since bottoming out in August, the costs of framing lumber are up 40%. Housing analysts say prices are likely to climb higher.

iBuying Giant Posts Home Offers in Real Time

Opendoor is stepping up its game by allowing homeowners to view their preliminary offer live from realtor.com®’s My Home dashboard.

Brokerage Adds Video Calls to Online Searches

In a hot housing market, Redfin announces a new tool where buyers can video chat as they search for homes with their family, friend, or agent.

From Our Blogs
 
10 Horrifying Design Trends: 2021 Edition

STYLED, STAGED & SOLD

10 Horrifying Design Trends: 2021 Edition

The most regrettable fads home stagers hope will fade away.
How to Keep Personal Data Safe on Vacation

YPN LOUNGE

How to Keep Personal Data Safe on Vacation

Winter tends to be a slower season in the real estate industry—a perfect time to take a trip. Before you leave, take some steps to prevent your personal information from being stolen.
Gift Ideas With a Real Estate Spin

CULTURE SCAN

Gift Ideas With a Real Estate Spin

Check out these books that celebrate home and communities as you do your holiday shopping.

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The REALTORS® Relief Foundation at 20: Practitioners on the ground helping to make their communities whole.
Tell Us Your Funniest Client Experience

Tell Us Your Funniest Client Experience

Have a hilarious memory from your time working in the field? We want to hear about a moment when humor helped you and your client get past an obstacle in the real estate transaction. Share your story, and you may appear in REALTOR® Magazine!
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