- 71 Percent of Homeowners Believe It’s a Good Time to Sell; Economic and Financial Confidence Dips: Realtors® HOME Survey
WASHINGTON (June 26, 2017) — Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors® offer hope that the growing number of homeowners who think now is a good time to sell will eventually lead to more listings. That's according to […]
- Bob Goldberg Named CEO of National Association of Realtors®
WASHINGTON (June 23, 2017) – Bob Goldberg has been named CEO of the National Association of Realtors®. Goldberg currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions for NAR. Goldberg was the choice of NAR’s leadership team after an extensive national search. He succeeds […]
- Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup
WASHINGTON (June 21, 2017) – The House Financial Services Committee today concluded a markup on multiple pieces of legislation to reauthorize and reform the National Flood Insurance Program. Following is a statement from National Association of Realtors ® President William E. Brown: “Congress has less than four months to reform and reauthorize the critical National […]
- Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High
WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major […]
- 5 Root Causes for U.S.’s Depressed Homeownership Rate: New Study
BERKELEY, Calif., (June 9, 2017) – Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages. That’s according to findings of a new white paper titled, […]
- Air in Green Homes May Be A Health Risk June 27, 2017
Energy-efficient homes being built too tightly have building experts warning about the potential health impact on clients.
- More Lenders Easing Up Credit Standards June 27, 2017
Competing lenders and slower mortgage demands may be good news for your mortgage-seeking clients, according to the latest Mortgage Lender...
- Listings Are 3-D in YouTube Virtual Reality June 27, 2017
Your clients could soon find themselves inside a 3-D property listing with YouTube’s recently launched virtual reality feature.
- Positive Reactions to NAR’s CEO Pick June 27, 2017
NAR’s new CEO pick deemed a “trusted, steady, brilliant leader,” according to a recent op-ed in The...
- Spike in Renters Looking to Buy June 27, 2017
A new TransUnion study finds a swell in the number of renters shifting to homeownership.
- Confident Homeowners Flirt with Selling June 27, 2017
The rise in home prices may be persuading more homeowners to list their home, reports a recent NAR survey. Could this lead to more listings...
- Scott vetoes condo sprinkler bill; cites London fire June 27, 2017
The bill eased fire sprinkler mandates in Fla. condos and had almost unanimous support in the Legislature. But the London high-rise fire that killed 79 people "illustrates the importance of life safety protections," the governor said in his veto.
- NAHB: Lumber tariffs will increase cost of new homes June 27, 2017
Proposed tariffs on Canadian lumber are "another tax" on builders and buyers, NAHB says, adding that the two proposals could cost "a whopping 27%" more.
- U.S. consumer confidence rose a bit in June June 27, 2017
Overall, consumers have a rosier picture of their situation today (up 5.7 index points), but they're a bit less optimistic about the future (down 1.7 points).
- Fed court upholds photo copyright charge against Zillow June 26, 2017
Using photos that you found on the Internet? Don't. A second court upheld a copyright charge last week against Zillow, though it lowered damages to $4M.
- Florida homestead law a 'debtor's haven'? Not always June 26, 2017
In Fla., courts cannot seize a homesteaded property to pay judgments, making real estate attractive to out-of-staters who want to shield their assets. However, a court ruled that they must actually make an effort to live here.
- Survey: More lenders expected to ease credit standards June 26, 2017
According to Fannie Mae's 2Q survey, more mortgage lenders say they've eased credit standards recently, and they expect further easing in the coming months.
- Self-driving cars will influence real estate demand June 26, 2017
Just as some buyers want a smart home, many will want a smart city. Metros that adapt quickly to the technology could attract more residents and high-paying jobs.
- Rick Scott signs bill updating state building code June 26, 2017
Fla. will no longer automatically update its building code using International Code Council standards as a baseline.
- Hey buyers: Securing a mortgage takes longer than you think June 23, 2017
The mortgage process is complex. In addition to filling out a form, it requires documentation, third-party verifications and an independent appraisal process.
- Homeowners like Airbnb renting – but not if neighbors do it June 23, 2017
A pair of dueling polls found that homeowners like to rent a home through Airbnb when they travel – but they don't want Airbnb renters in their neighborhood.