Principal recapture and tax benefits provide a nominal rate of return back to the homeowner which eludes the renter. 4.

Real interest rate = nominal rate minus rate of inflation.

For most people, a primary home is first and foremost a place to live, secondary a hedge against inflation, and tertiary a (hopeful) nominal return.

This is a nominal cost.  

In itself, that leads me to believe this in nominal data (as opposed to "real" inflation adjusted data.)

Bryan, I am sure you know this, but I want to make your statement more complete by qualifying that inflation helps most when you have debt with a fixed nominal interest rate.

What wasn’t nominal?

It used Bal Harbour as an example where nominal prices fell 7.6% during that period and volume fell by 50%. 

And as @Christopher Phillips stated, the effect of a single pull on your score is absolutely nominal.

Hi Will,Look for brokers who charge a nominal fee, for instance $36.00 per month or less, these usually offer no leads and little to no help in that area, most will also charge you either a transaction fee of $295-$395 or a split of the commission.