What to expect now that Standard & Poor’s has downgraded U.S. debt to AA-plus from AAA?
economist lawrence
Inflation is Picking Up
Inflation is creeping up everywhere. Rather than reacting to volatile swings, however, the focus should be on a broader calculation that includes food and energy prices. NAR Chief Economist Lawrence Yun offers his analysis of the inflation picture and near-term trends. Read More >
What Rising Days-on-Market Trend Tells Us
NAR Economist Lawrence Yun discusses what the rising average days-on-the-market figure does and does not say about market conditions in some local areas. More
Second-home Market Holds Steady
The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market. NAR’s™ 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2009. “A sizeable number of buyers made deals with all-cash offerings,” says NAR Chief Economist Lawrence Yun.
