Items Tagged with 'National Association of Realtors'

ARTICLES

  • NAR midyear forecast: Despite inventory, home sales expected to rise in 2018

    But affordability brings challenges
    Several speakers at the 2018 Realtors Legislative Meetings and Trade Expo stated that they are forecasting a slight increase in home sales for 2018, but that growth won't come without some obstacles. Despite a strengthening economy, wage growth and improving job market, issues like low supply and affordability may threaten the rate of increase for home sales in 2018, according to the speakers.
    Read More
  • Notarize raises $20 million, with help from housing giants Lennar and Realogy

    Venture arm of National Association of Realtors also took part in funding round
    Notarize, a digital platform that allows for legal, online document notarization, announced this week that it raised $20 million in its Series B round of funding. The capital raise nearly doubles the amount of money the company has raised so far. But what’s more interesting than Notarize raising $20 million is where the money is coming from.
    Read More
  • Mick Mulvaney doubles down on minimalist practices at CFPB

    NAR supports deregulation, and Mulvaney wants to solve student debt with education
    CFPB Acting Director Mick Mulvaney doubled down on his mission to revamp the CFPB direction, telling a group of Realtors this week about his plans for the bureau. Mulvaney reiterated his mission to rescind regulation by enforcement, restructure the CFPB, and “get back to basics,” according to a review of the conference, which was hosted by the National Association of Realtors.
    Read More
  • Improving economy can’t push home sales higher

    Pending home sales see third consecutive annual decline
    Pending home sales decreased annually in March, and are showing no signs of improvement as housing inventory fails to keep up with homebuyer demand. NAR explained healthy economic conditions are creating considerable demand for purchasing a home, but not all buyers are able to sign contracts because of the lack of choices in inventory.
    Read More
  • Existing home sales increase for second consecutive month

    But continue to lag behind last year’s levels
    Existing home sales increased in March for the second consecutive month, however as inventory shortages persist, home sales continue to fall below last year’s levels. One expert explained it’s hard to sell homes in large numbers when there’s so few available to buy, and that raises the question of whether the market has reached or surpassed its peak sales volume given current conditions.
    Read More
  • First-time homebuyers struggle amid rising affordability challenges

    Can only afford 20% of housing stock in some markets
    A new study from NAR and realtor.com shows affordability continues to slip across the U.S., falling even further from last year as home prices continue to rise and mortgage rates increase. NAR explained that while wages are increasing, so are home prices. Here’s what can be done to combat the rising affordability issues.
    Read More
  • Realtors Property Resource founding CEO announces retirement

    Will step down May 1, 2018
    Realtors Property Resource, a wholly owned subsidiary of the National Association of Realtors, announced this week that its founding CEO Dale Ross will retire. Ross will step down as of May 1, 2018, and Jeff Young, who has been named chief operating officer and general manager will assume responsibility for all RPR activities.
    Read More