Nearly three-fourths of current real estate professionals plan to remain active in the industry during the next two years, while 18 percent are somewhat certain and 8 percent aren’t so sure, according to NAR’s 2010 Member Profile. Agents with three years or more of experience in the business were more likelyto remain active than those [...]

Foreclosures Hit Record High in 2010 A total of 3.83 million foreclosure filings were reported on a record high 2.87 million properties in 2010, up 2 percent from 2009 and an increase of 23 percent from 2008, according to a year-end study from RealtyTrac, an online marketer of foreclosure properties. The report concludes that 2.33 [...]

Existing-Home Sales Rate for December: 5.28 million This is a seasonally adjusted annual rate, which is the actual rate of sales for the month, multiplied by 12 and adjusted for seasonal sales differences. By Lawrence Yun | March 2011 Pending Home Sales Index For December: 93.7 This index measures ­housing contract activity. An index of [...]