News & Blog

Inventory Tightening for First Time Home Buyers

  • Featured image for NAR Forecasts Steady Market Gains
    Jan 18

    NAR Forecasts Steady Market Gains

    New home construction has been well below the 1.5 million unit per year average of the last 50 years, but housing starts are expected to rise from 776,000 units in 2012 to at least 1.1 million in 2013. Shadow inventory (homes in foreclosure or with seriously delinquent mortgages) has fallen from its high of nearly...

  • North Eastern Group Realty
    Jan 18

    Shopping for a New Home Moves to the Web

    The report, "The Digital House Hunt: Consumer and Market Trends in Real Estate," includes custom research from NAR's 2012 Profile of Home Buyers and Sellers as well as internal Google data and research conducted by Google and third-party marketing firm Compete. Real estate-related searches on rose 253 percent over the past four years according...