NAR in the News

Dr. Jessica Lautz, National Association of Realtors® Deputy Chief Economist and Vice President of Research, tells Newsline with Brigitte Quinn why more millennials are saving for their own homes... by living at home.

Will the housing market change in 2024? There are signs that market conditions will be improving.

Mortgage rates have already fallen for nine consecutive weeks and are expected to drop further in 2024, although they are not likely to go below 6%.

Lawrence Yun of the National Association of REALTORS® predicts that mortgage loan interest rates could fall back down and hold steady at 6% in the upcoming months.

The National Association of REALTORS® will continue to advocate for what it feels is best for consumers.

National Association of REALTORS® President Tracy Kasper appeared on CNBC’s The Exchange with Kelly Evans to address how efforts by a group of lawyers to misrepresent NAR’s approach to compensation harm REALTORS® and stands to disrupt the critical services they deliver to consumers across the country every day.

NAR Chief Economist Lawrence Yun said home sales next year are expected to rise by 13.5% compared to 2023.

The central bank has ended its two-year campaign of tightening credit and is expected to begin easing rates downward in the form of multiple rate cuts in 2024.

While the modest improvement in rates may give some folks on the sidelines relief, affordability challenges will continue to burden most buyers in the market.

Two Texas markets — Austin and Dallas-Fort Worth — are forecast to be the country's top housing markets in 2024.