Items Tagged with 'NAR'


Top industry voices submit final comments on looming TRID changes

Time to sit back and wait
The industry’s last chance to change the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule just closed. On Tuesday, the door shut on the ability for the industry to comment on the bureau’s proposed updated to the new rule. Now the industry can only sit back and wait.
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Here are the top 5 trends in real estate over the past 35 years

A look back at real estate from Realtors
Thirty-five years ago the housing market looked drastically different, with the word "internet" nowhere to be found and people laughing at the thought of getting less than a 4% mortgage rate. In anticipation of the National Association of Realtors' 2016 survey release on Oct. 31, NAR identified five noteworthy real estate trends since the survey’s inception.
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NAR forecasts heated housing market in 2017

Home sales to continue to increase next year
The National Association of Realtors and other experts predict home sales will continue to increase into 2017. While home sales may increase, NAR explains that housing inventory may continue to cause affordability problems.
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Pending home sales sink to lowest level since January

Further evidence housing recovery could stall
Pending home sales decreased in August following the previous month’s record high. It now seems July’s high could be an outcast as this marks the third month of declines in the past four. NAR’s chief economist warns of the consequences if the market doesn’t start to see more inventory soon.
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These 10 markets desperately need more housing inventory

NAR: 80% of metros lack in single-family home construction
News of a housing inventory shortage continues to proliferate as the market works in overdrive to try and construct enough houses to meet the high demand. The dearth of houses available is holding back buyers in many of the largest cities in the country, particularly in these 10, which have the biggest hurdles to overcome.
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NAR: Renters still not ready to buy a home

Consumers expect home prices to rise
With home prices rising, many homeowners and renters alike are less likely to say now is a good time to buy a home compared to last quarter. Actually, more are saying that now is a good time to sell a home, and that home prices will continue to rise. NAR’s chief economist explains why first-time homebuyers are hesitant to enter the market.
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Realtors: Here's how to pass the new FAA drone test

Next-level real estate sales
Good news: At the end of June, the Federal Aviation Administration finalized the rules on drone usage for real estate agents. Bad news: Now you have to take a test. But, you don't have to go into the 60-question multiple-choice test completely blind, there are tips and tricks to ace it.
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Pending home sales hit second highest point in decade

West led the nation in July
Pending home sales increased in July led by high gains in the West, which hit its highest month in more than three years. There is, however, still room for more growth. There’s little doubt there’d be more sales activity right now if there were more affordable listings on the market.
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