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Washington, District of Columbia

Find out what NAR's experts are saying about the economy, the housing market and other factors impacting your business and your life.

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NAR Research

October 2009

Economists' Commentary: Research Spotlight

Oct. 30, 2009
Tagged with: research
This month’s Research Spotlight features Carol Murphy.

Did You Know: Residential Vacancies

Oct. 30, 2009
Tagged with: residential vacancies
Did you know that in the third quarter of 2009 national vacancy rates increased to 11.1 percent for rental housing and 2.6 percent for homeowner housing?

Did You Know: Men's and Women's Earnings

Oct. 29, 2009
Tagged with: earnings
The 2008 American Community Survey (ACS) median earnings of men in the United States who worked full-time, year-round were $45,556. For women, the median earnings were $35,471, or 77.9 percent of men's earnings.

Did You Know: Household Distribution and Housing Costs

Oct. 28, 2009
In 2007, nearly three-quarters of severely cost-burdened households had low incomes.

Did You Know: Monthly Mortgage Payments

Oct. 27, 2009
Tagged with: mortgage payments
Affordability measures typically use the prevailing 30-year fixed mortgage interest rate and assume a 10 percent downpayment to translate home prices into monthly payments.

Did You Know: Cash-Out Refinancing

Oct. 26, 2009
Tagged with: refinancing
The collapse of cash-out refinancing has left homeowners with less to spend.

Did You Know: Household Vehicle Travel

Oct. 23, 2009
Tagged with: travel
Did you know that central city residents drive considerably less than their suburban counterparts?

Economist's Commentary: Retail Properties Struggle with Low Sales and High Distress

Oct. 21, 2009
Commercial retail space has been in a decline, following significant contractions in demand

Did You Know: Median Household Income

Oct. 21, 2009
Did you know that the real median household income in the United States fell 1.2% between 2007 and 2008, from $52,673 to $52,029?

Economist's Commentary: Industrial Sales Looking for Foothold

Oct. 20, 2009
Tagged with: industrial sales
Investors betting on a resurgence of warehouse space in the wake of low business inventories.

Did You Know: Refinancing Stats

Oct. 20, 2009
Tagged with: mortgage refinancing
Those that refinanced their home mortgage in the second quarter of 2009 were able to secure a mortgage rate that typically was 20 percent less than their original rate.

Did You Know: Labor Force Participation

Oct. 20, 2009
Tagged with: labor force
According to the newly released American Community Survey, nationally 15.5 percent of people aged 65 and older participated in the labor force in 2008.

Did You Know: Mortgage Refinancing

Oct. 20, 2009
Tagged with: mortgage refinancing
With mortgage rates near historical lows, more borrowers are moving into fixed-rate loans.

Economist's Commentary: Foreclosures Continue to Challenge Housing Recovery

Oct. 19, 2009
Tagged with: foreclosures
Despite historically low interest rates and lower prices, housing faces challenges on its road to recovery.

Economist's Commentary: Retail Demand Faces Struggle

Oct. 16, 2009
While signs of economic recovery are cropping up, the retail sector continues to struggle with slow sales amid consumer concern over job losses.

Did You Know: Walkability of Cities

Oct. 15, 2009
Tagged with: home values, walkability
Did you know that that the walkability of cities translates directly into increases in home values?

Did You Know: Social Security to Pay for Housing

Oct. 14, 2009
Tagged with: housing, social security
Did you know that households dependent on lower incomes or solely on social security payments in retirement are more like to spend more than half their income on housing?

Did You Know: Housing Construction

Oct. 14, 2009
Tagged with: housing construction
Depressed demand is making it difficult for the market to work off excess vacant units.

Economists' Commentary: Unleashing Pent-Up Housing Demand and Sustainable Economic Recovery

Oct. 14, 2009
Tagged with: deficit, recession, recovery
There is no delight in watching the budget deficit soar. The $1.4 trillion deficit in the completed 2009 fiscal year to September is the highest ever in the U.S. in sheer dollar figures, and the highest since the Second World War if measured in relation t