Real Estate

Dip in Mortgage Rates Little Consolation to Squeezed Buyers

Nar Daily News Magazine - Thu, 2022-07-28 01:00

Record-high home prices, declining consumer confidence and fears of recession are taking their toll on aspiring homeowners.

Real Estate Forecast: Market to Ease Despite High Home Prices

Nar Daily News Magazine - Thu, 2022-07-28 01:00

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

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

Nar Daily News Magazine - Thu, 2022-07-28 01:00

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

Remote Online Notarization Is One Step Closer

Nar Daily News Magazine - Thu, 2022-07-28 01:00

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

Pending Home Sales Tumble as More Buyers Get Priced Out

Nar Daily News Magazine - Wed, 2022-07-27 01:00

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.

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

Nar Daily News Magazine - Tue, 2022-07-26 01:00

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

Mortgage Rates Rise Ahead of Fed’s Big Announcement

Nar Daily News Magazine - Thu, 2022-07-21 01:00

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

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

Nar Daily News Magazine - Thu, 2022-07-21 01:00

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.

Existing-Home Prices Hit New Record as Sales Slow

Nar Daily News Magazine - Wed, 2022-07-20 01:00

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.

Single-Family Construction Is Going Soft

Nar Daily News Magazine - Wed, 2022-07-20 01:00

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

Your Vulnerability to a Cyberattack Could Land You in Court

Nar Daily News Magazine - Tue, 2022-07-19 01:00

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.”

Affordability, Inventory Issues Block Foreign Investors, Too

Nar Daily News Magazine - Mon, 2022-07-18 01:00

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.

Volatility in Mortgage Rates as Recession Fears Grow

Nar Daily News Magazine - Thu, 2022-07-14 01:00

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

Yun: Bolder Fed Inflation Policy May Catapult Mortgage Rates

Nar Daily News Magazine - Wed, 2022-07-13 01:00

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.

New Benefit Helps REALTORS® Convert Renters to Home Buyers

Nar Daily News Magazine - Tue, 2022-07-12 01:00

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.

Technology REALTORS® Use the Most

Nar Daily News Magazine - Mon, 2022-07-11 01:00

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.

REALTORS® Expand Income Despite Low Inventory, Fierce Competition

Nar Daily News Magazine - Mon, 2022-07-11 01:00

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®?

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

Nar Daily News Magazine - Mon, 2022-07-11 01:00

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

Matterport Acquires VHT Studios in Bid to Expand Marketing Services

Nar Daily News Magazine - Fri, 2022-07-08 01:00

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

Home Buying Is 5% Cheaper Than a Week Ago

Nar Daily News Magazine - Thu, 2022-07-07 01:00

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