NAR Associate Counsel Katie Johnson discusses how members can respond to letters that allege a violation of a patent for emailing scanned documents. For more information, you can also read Katie's blog post, "Beware of Patent Troll."Powered by WPeMatico
Attorney Scott Kossove discusses his NAR Midyear risk management forum presentation about reducing the risks for breach of fiduciary duty claims.Powered by WPeMatico
According to the National Association of Realtors®’ 2015 Profile of Home Buyers and Sellers, the most difficult step in the homebuying process is saving for a down payment. And with the cost of rent so high, renters are finding it more and more difficult to save. So what are some out of the box, but simple ways… Continue Reading Story Ideas: Creative Ways to Save for a Down Payment
The following is NAR Chief Economist Lawrence Yun’s reaction to today’s July jobs report from the U.S. Bureau of Labor Statistics: “Another solid month of job creation in July with 255,000 net new jobs. From a year ago, the total now stands at 2.4 million new hires. In recent prior years, wages had been stuck,… Continue Reading Instant Reaction: July Jobs Report
On the heels of a major victory for commercial drone use, the National Association of Realtors® was invited by the White House this week to attend a workshop on “Drones and the Future of Aviation.” The White House Office of Science and Technology Policy, along with the Association for Unmanned Vehicle Systems International Foundation, hosted… Continue Reading NAR Puts Technology in Focus at Events with White House, Google
H.R. 3700, the “Housing Opportunity Through Modernization Act,” officially became the law of the land over the weekend with the signature of President Barack Obama. NAR President Tom Salomone hailed Senate passage of the legislation earlier this month, saying H.R. 3700 will “put the dream of homeownership back in reach for more Americans.” “Realtors® have… Continue Reading VIDEO: NAR Condo Legislation Signed into Law
Stagnant wage growth, underemployment, rising home prices and tight inventory have all been pinpointed as reasons why the homeownership rate for young adults remains subdued at levels not seen in decades. According to new data from the National Association of REALTORS®, you can add repaying student debt to the list of barriers holding back millennials… Continue Reading Story Idea: Student Debt and Homeownership
If you’re looking to get into property management, you’ll want to research your potential clients. And property owners who are considering becoming landlords will be looking for a real estate professional who’s familiar with their needs. According to a recent survey of 2,000 landlords conducted by TransUnion, 44 percent are age 34 and under and… Continue Reading Who Are Today’s Landlords?
WASHINGTON (August 4, 2016) — The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 19651, but new research from the National Association of Realtors® reveals that there are affordable metro areas right now with above-average hiring and a large segment of current renters who earn enough income to… Continue Reading NAR Identifies Top Markets Where Renters Can Afford to Buy
WASHINGTON (July 29, 2016) — Since the October 2015 implementation of the Consumer Financial Protection Bureau's ‘Know Before You Owe' mortgage initiative, Realtors® have raised red flags over challenges in gaining access to what's known as the mortgage "closing disclosure" form, or CD. The CD is delivered to homebuyers in advance of their closing and… Continue Reading Consumers Stand to Win Big With Proposed 'Know Before You Owe' Rule Coming Their Way