The National Association of REALTORS' Research Division is located in Washington D.C. and has 17 staff members including many economists. The Research Division produces daily information on housing and the economy and reports monthly on existing and pending home sales. All of the Research Division's work can be found on their website at www.realtor.org/research.
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NVAR Spring Forecast - TJ Doyle
1. T.J. Doyle
Marketing and Communications Manager, Research Division
National Association of REALTORS®
March 19, 2009
2. • NAR’s Research Division is located in Washington
DC, and is comprised of 17 people.
• More than half are staff economists (including
NAR’s Chief Economist Lawrence Yun).
• The Research Division produces new information
on housing and the economy every day.
3. • Every month, NAR Research
produces the Existing Home Sales
report as well as the Pending Home
Sales Index. The EHS numbers are
often reported widely by the media.
• Everything Research does for you
can be found here:
www.realtor.org/research
4. 8 page mailed survey to
roughly 4,000 Northern
Virginia consumers in
August 2008
Excellent survey return
rate
Those surveyed bought
homes between July
2007 and June 2008
Source: 2008 Profile of Home Buyers and Sellers
19. IMPORTANCE OF COMMUTING COSTS
Not (Percentage Distribution)
U.S.
Important
, 20%
Very
Important
, 41%
Somewh
at
Important
, 39%
Source: 2008 Profile of Home Buyers and Sellers
26. USE OF INTERNET TO SEARCH FOR
HOMES
U.S.
100%
80% 18%
18%
21%
22%
24%
60%
29%
40%
69%
66%
59%
57%
53%
42%
20%
0%
2003 2004 2005 2005 2007 2008
Frequently Occasionally
Source: 2008 Profile of Home Buyers and Sellers