Updates from National Association of REALTORS®

Video: Pending Home Sales Drop as Expected
In this 3-minute interview, NAR Chief Economist Lawrence Yun talks about why the decline in the pending home sales index (which is of contracts signed, not deals closed) was expected and what to look for in the months ahead. The key point is that, if the pace of job creation doesn't pick up, the home sales recovery will face more slowing. Watch and link to the video.

Are You Using 'REALTOR®' Correctly?
A 3-minute animated video
explains why protection of the trademark "REALTOR®" is so important and how to tell immediately if your using the term appropriately.  

Shadow Inventory: How Big, What Impact?
NAR Research in a video interview
with REALTOR® Magazine talks about what properties should and shouldn't be considered part of the shadow inventory, whether banks are unloading properties onto the market, and how banks appear to be taking short sales seriously now in an effort to move distressed homes quickly to sale once they hit the market.

Access the Latest Local Market Reports

Summaries of local market data, for the first quarter of 2010, are available from NAR Research. About 160 markets are covered.