The Home Wealth Effect
A recent article in The Wall Street Journal casts some doubt over whether homeowners can realize a true wealth effect from investing in their home. But for most owners who stay in their home for a number of years, the data just  don’t bear that out. In his commentary this month, NAR Chief Economist Lawrence Yun provides a counterpoint to that article.
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Selling a Home – Real Estate Professionals Still the #1 Choice

Despite the myriad methods available to home sellers to help them sell their homes, real estate professionals are still the most popular choice. In fact, between July of 2007 and June of 2008, more than eight out of ten home sellers sold their property with the help of these knowledgeable and expert professionals. In this month’s Market Intelligence feature, we provide highlights about the home selling experience from the most recent NAR Profile of Home Buyers and Sellers.
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Measure for Measure

There are a number of sources for home prices – NAR of course is one. In our In Focus column this month, we look at the four major home price measurements, the differences in methodology, and why REALTORS® and their clients can access the latest information so that together they can competitively price homes for sale.
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Happy Holidays!

'Tis the season! The entire staff of NAR Research takes this opportunity to wish all readers of Real Estate INSIGHTS a happy holiday season and success for the coming new year.

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Real Estate Insights

Lawrence Yun, NAR Chief Economist
Paul Bishop, Managing Director, NAR Research
Jed Smith, Managing Director, Quantitative Research

Harika "Anna" Barlett, Senior Research Analyst
Arun Barman, Research Economist
Wannasiri Chompoopet, Manager of Housing Statistics
Keunwon Chung, Data Research Analyst
Stephanie Davis, Office Manager
Thomas J. Doyle, Research Marketing Manager
Meredith Dunn, Communications Representative
Ken Fears, Manager, Regional Economics
Danielle Hale, Research Economist
Michael Hyman, Research Assistant
George Ratiu, Research Economist
Manisha Singh, Research Economist
Sophia Stuart, Research Marketing Associate
Caroline Van Hollen, Senior Research Coordinator/Strategic Planning

Copyright ©2008 NATIONAL ASSOCIATION OF REALTORS®. Reproduction or reprinting in any form is prohibited without written permission. Editorial questions and requests to reprint articles should be directed to Meredith Dunn at 202/383-1207, or via e-mail at insights@realtors.org.



Current Issue

December 2008

Download PDF version (893 KB)

In This Issue

Monitor

Check out this snapshot of monthly housing indicators.

Economic Commentary

Those home buyers willing to stay in the market for the long term will likely reap the benefits from their long-term investment.

Forecasts

For the latest economic forecast insights and analysis, visit our Economists' Commentary page.

In Focus

What's in a price - a discussion of the major differences in the four most closely watched home price indexes.

Market Intelligence

This article reports on some of the highlights from the 2008 Profile that focus on home sellers.

Existing-Home Sales

Even with the overall decline, a number of areas experienced solid gains from a year ago, including many California and Florida markets.

Archives

See previous issues.

New from NAR Research

The 2008 NAR Profile of Home Buyers and Sellers

Results from NAR’s 2008 Profile of Home Buyers and Sellers reveal what previous surveys of housing consumers have found: that consumers value the guidance and advice offered by real estate professionals. The latest edition of this popular report was just released.
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