Real Estate News

Real Estate Forecast: Market to Ease Despite High Home Prices

NAR Daily Real Estate News - July 28, 2022 - 1:00am

A housing slowdown precipitated by low inventory and rising mortgage rates will open opportunities for some buyers, NAR Chief Economist Lawrence Yun predicts.

Categories: Real Estate News

2nd Historic Fed Rate Hike Unlikely to ‘Further Damage’ Mortgage Borrowers

NAR Daily Real Estate News - July 28, 2022 - 1:00am

The market has mostly priced in current and future Fed actions, so mortgage rates shouldn’t rise dramatically, says NAR Chief Economist Lawrence Yun.

Categories: Real Estate News

Remote Online Notarization Is One Step Closer

NAR Daily Real Estate News - July 28, 2022 - 1:00am

Passage by the House sets the stage for a Senate vote on NAR efforts to bring more real estate transactions into the digital age.

Categories: Real Estate News

Pending Home Sales Tumble as More Buyers Get Priced Out

NAR Daily Real Estate News - July 27, 2022 - 1:00am

Housing affordability is becoming a bigger obstacle in the housing market. Homes were 80% more expensive in June than they were in 2019. Read more.

Categories: Real Estate News

Could Solving the Housing Shortage Help Close the Racial Gap, Too?

NAR Daily Real Estate News - July 26, 2022 - 1:00am

A report highlights housing supply issues and how a multifaceted approach could be key to improving housing equity as well.

Categories: Real Estate News

Mortgage Rates Rise Ahead of Fed’s Big Announcement

NAR Daily Real Estate News - July 21, 2022 - 1:00am

The Federal Reserve is expected to raise its key benchmark rate this coming week. What impact could it have on mortgage rates?

Categories: Real Estate News

Yun to Lawmakers: Market Won’t Improve Without Action on Supply

NAR Daily Real Estate News - July 21, 2022 - 1:00am

The inventory crunch will continue to chip away at affordability and sideline more buyers unless Congress enacts policies to boost housing production, NAR’s chief economist testifies on Capitol Hill.

Categories: Real Estate News

Existing-Home Prices Hit New Record as Sales Slow

NAR Daily Real Estate News - July 20, 2022 - 1:00am

Nearly every region of the country saw a major decline in real estate transactions last month as more buyers are priced out of the market, new NAR data shows.

Categories: Real Estate News

Single-Family Construction Is Going Soft

NAR Daily Real Estate News - July 20, 2022 - 1:00am

Rising costs are dampening buyers’ appetite for new homes, data shows.

Categories: Real Estate News

Your Vulnerability to a Cyberattack Could Land You in Court

NAR Daily Real Estate News - July 19, 2022 - 1:00am

A data breach also may cost you money and ruin your reputation. An NAR attorney helps you build a strong data security plan in the latest “Window to the Law.”

Categories: Real Estate News

Affordability, Inventory Issues Block Foreign Investors, Too

NAR Daily Real Estate News - July 18, 2022 - 1:00am

U.S. home purchases by international buyers are at their lowest level on record, new NAR data shows. But there’s reason to believe in a comeback.

Categories: Real Estate News

Volatility in Mortgage Rates as Recession Fears Grow

NAR Daily Real Estate News - July 14, 2022 - 1:00am

Borrowing costs tick up again as the Federal Reserve’s inflation policy has economists bracing for even higher rates in the future.

Categories: Real Estate News

Yun: Bolder Fed Inflation Policy May Catapult Mortgage Rates

NAR Daily Real Estate News - July 13, 2022 - 1:00am

With inflation reaching a new high in June, the Federal Reserve will likely take more aggressive action. And that could influence even higher mortgage rates, says NAR Chief Economist Lawrence Yun.

Categories: Real Estate News

New Benefit Helps REALTORS® Convert Renters to Home Buyers

NAR Daily Real Estate News - July 12, 2022 - 1:00am

Through REALTOR Benefits®, NAR members now have free access to Rental Beast, a provider of rental applications and tenant screening tools, as well as education programming to help you reach more aspiring homeowners.

Categories: Real Estate News

Technology REALTORS® Use the Most

NAR Daily Real Estate News - July 11, 2022 - 1:00am

Real estate pros are connected to multiple tech platforms on a daily basis. Get insights on the most popular ones from NAR’s 2022 Member Profile.

Categories: Real Estate News

REALTORS® Expand Income Despite Low Inventory, Fierce Competition

NAR Daily Real Estate News - July 11, 2022 - 1:00am

NAR’s 2022 Member Profile reveals trends in real estate pros’ sales volume and transaction sides. Do you fit the profile of a typical REALTOR®?

Categories: Real Estate News

Study: It’s the Most Expensive Year to Move Ever

NAR Daily Real Estate News - July 11, 2022 - 1:00am

Some states and cities are seeing costs rise by nearly 40% year over year. Find out where home buyers are facing the highest hikes.

Categories: Real Estate News

Matterport Acquires VHT Studios in Bid to Expand Marketing Services

NAR Daily Real Estate News - July 8, 2022 - 1:00am

Combined, the real estate digital marketing leaders will offer photography, drone imagery, floor plans, virtual tours and more on a single platform.

Categories: Real Estate News

Home Buying Is 5% Cheaper Than a Week Ago

NAR Daily Real Estate News - July 7, 2022 - 1:00am

Mortgage rates are dropping as concerns mount over a possible economic recession.

Categories: Real Estate News

Rapid Rise in Mortgage Rates Stalls

NAR Daily Real Estate News - July 1, 2022 - 1:00am

The interest rate on the 30-year fixed mortgage fell this week, offering relief to home buyers who are reeling from escalating costs.

Categories: Real Estate News