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WASHINGTON (May 18, 2017) – The multi-year stretch of robust job gains along with improving household confidence are expected to guide existing-home sales to a decade high in 2017, but supply and affordability headwinds and modest economic growth are holding back sales and threatening to keep the nation’s low homeownership rate subdued. That’s according to [...]
WASHINGTON (May 17, 2017) — Two more innovative technology companies have been selected to join REach®, a growth technology accelerator program from the National Association of Realtors®' strategic investment arm, Second Century Ventures. Adwerx, a digital advertising provider, and immoviewer, a 3-D virtual tour technology company, will join the seven other companies announced last month [...]
Smart speakers might be the latest touch point connecting consumers with real estate data. Users of Amazon’s Echo can already access mortgage calculators and automated valuation tools. So it makes sense that NAR’s Multiple Listing Issues and Policies Committee would begin to investigate policies to guide the development of these new tools in accordance with [...]
Knowledge is power. That was the main take away from NAR’s panel on cyber security, “Protecting Yourself, Your Agents and Your Business: Taking Cyber Security Seriously,” which featured advice from experts on how small businesses and individuals can protect themselves from cybercrime. “Headlines over the last few months show that cybercrime is a global problem,” [...]
Home prices are on the rise around the country, and down payments are naturally rising with them. But Lisa Tartar of Fannie Mae’s Community Lending Team told an audience at the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C., that homebuyers have somewhere to turn. Tartar detailed Fannie Mae’s “Home Ready” program, which offers [...]
One of the most well-attended forums at the annual REALTORS® Legislative Meetings & Trade Expo is the Thursday morning housing and economic forecast headlined by NAR Chief Economist Lawrence Yun. This morning’s all-star trifecta of speakers did not disappoint. Yun was joined onstage with Jonathan Spader, senior research associate at the Joint Center for Housing Studies at [...]
WASHINGTON (May 17, 2017) – Any perceived shortage of appraisers may be location specific and dependent on whom you ask, but there is universal agreement that more needs to be done to keep appraisers in the profession and attract new talent. That’s according to panelists yesterday at a property valuation forum at the 2017 REALTORS® [...]
WASHINGTON (May 17, 2017) – Last year, Realtors® spent a median of $70 to maintain a website. To help reduce business costs, Placester, a real estate website and marketing platform, is extending its partnership with the National Association of Realtors® to bring a basic “NAR Edition” website to the association’s 1.2 million members at no [...]
HUD Secretary Dr. Ben Carson speaks at the Regulatory Issues Forum at the 2017 REALTORS® Legislative Meetings & Trade Expo in Washington, DC. WASHINGTON (May 16, 2017) — Potential homebuyers have a lot to contend with from tight credit and low inventory to rising prices. But for buyers who are able to muscle past these [...]
Congress likely will pass health insurance reform this year, but it’s less certain whether lawmakers will be able to tackle tax reform before switching their focus to re-election in 2018, “Fox News Sunday” host Chris Wallace said at the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C., on Wednesday. Chris Wallace talks tax reform [...]