@LCozzi

PR, comms + media-relations pro. News junkie, yogi, foodie, enviro. Lover of my people, dogs, fashion + more dogs.

 Washington, DC
nar.realtor
Joined October 2008
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135Media
Compared to one year ago, pending home sales decreased in the Northeast but improved in the Midwest, South and West. #NARPHS
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“Home sales are projected to rise significantly in each of the next two years as the market steadily returns to normal sales activity,” added Yun. #NARPHS
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NAR also released its Economic Outlook as of January 2024, projecting a 13% increase in existing-home sales in 2024 (from 2023) to 4.62 million and a 15.8% increase in 2025 (from 2024) to 5.35 million. #NARPHS spr.ly/6011T2fnF
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“Job additions and income growth will further help with housing affordability, but increased supply will be essential to satisfying all potential demand.” - Lawrence Yun #NARPHS
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“The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” said Lawrence Yun, NAR chief economist. #NARPHS
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The Pending Home Sales Index (PHSI) increased to 77.3 in December. Year over year, pending transactions were up 1.3%. #NARPHS
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Pending home sales in December elevated 8.3%, according to the National Association of Realtors®. The Midwest, South and West posted monthly gains in transactions while the Northeast recorded a loss. spr.ly/6012T22yk #NARPHS
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NAR partners with @NationalForests to plant 215,000 trees in Idaho national forests this year. This action will capture 107,500 metric tons of carbon dioxide emissions over their lifetime. spr.ly/6010OMjjg
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It’s All About Curb Appeal: The Simple #Landscaping Task That Can Boost Your #Home’s Value the Most realtor.com/news/trends/the-… @nardotrealtor @NAR_Research @NARMedia #outdoor #remodeling
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The 2023 Remodeling Impact Report: Outdoor Features by NAR and the National Association of Landscape Professionals finds that most REALTORS® (92%) suggest that sellers improve the curb appeal of their home before listing it for sale. ow.ly/UNk750Nl6sj @the_nalp
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The largest shares of REALTORS® that recommended completing an outdoor project before sale were for landscaping-related projects: landscape maintenance (74%), standard lawn care service (53%) and tree care (44%). spr.ly/60163fssy
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Approximately nine out of 10 metro markets registered home price gains in the fourth quarter of 2022 despite mortgage rates eclipsing 7%. ow.ly/8QPX50MOgvM
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Housing market: ‘Key question will be whether there will be sufficient supply,’ economist says finance.yahoo.com/video/hous… via @YahooFinance w/ @NAR_Research

Housing market: ‘Key question will be whether there will be sufficient supply,’ economist says

National Association of REALTORS Chief Economist Lawrence Yun joins Yahoo Finance Live to discuss the prospect of a recession in the U.S. housing market, mortgage rates, 2023 housing forecasts, and...

finance.yahoo.com
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Steve Rattner—In a year, a typical home payment has gone from $1200 to $2200. @Morning_Joe economic analyst Steve Rattner discuses how higher costs are putting homes out of reach for 1st-time homebuyers, particularly buyers of color. @nardotrealtor msnbc.com/morning-joe/watch/… @msnbc

Steve Rattner: In a year, a typical home payment has gone from $1200 to $2200

Morning Joe economic analyst Steve Rattner discuses how higher costs are putting homes out of reach for first-time homebuyers, particularly buyers of color.

ms.now
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Despite sales contracting, about 1/4 of homes are moving above asking price, homes are moving in 21 days, and the typical seller had 2.4 offers. Higher rates are hurting buyers, but those who can enter are competing for limited inventory. cnbc.com/2022/11/18/home-sal…

Home sales fell for the ninth straight month in October, as higher mortgage rates scared off...

Home sales weakened for the ninth straight month in October, weighed down by higher mortgage rates.

cnbc.com
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‘It’s Never Our Time’: First-Time Home Buyers Face a Brutal Market @nardotrealtor nytimes.com/2022/11/11/reale…

‘It’s Never Our Time’: First-Time Home Buyers Face a Brutal Market (Published 2022)

Unable to compete against older buyers with cash offers, younger potential buyers feel like they are never going to own a house.

nytimes.com
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4 Ways the #Sustainability Niche Can Transform Your Business nar.realtor/magazine/real-es…

4 Ways the Sustainability Niche Can Transform Your Business

There aren’t enough agents serving the green home market. Take these steps to own this segment of home buyers in your area.From 2022 NAR NXT, The REALTOR® Experience, Nov. 11-13, Orlando, Fla.

nar.realtor
NAR Chief Economist Lawrence Yun reacts to latest Census Bureau data on housing starts. ow.ly/HzxP50LH1Ib
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Lauren Cozzi retweeted
NAR NXT@NARNXT8 Nov 2022
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11 Takeaways From the 2022 Profile of Home Buyers and Sellers nar.realtor/blogs/economists… #NAR #housingmarket

Economists' Outlook

Economists' Outlook is a place for NAR staff to interact with members, consumers, the media, and other key constituencies, and share information about real estate and the association.

nar.realtor
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