Residential Real Estate
What Will It Take to Close the Racial Homeownership Gap?
Learn about new research on racial homeownership gaps, hear a discussion of policy proposals to close the gap with a panel of experts, and meet the inaugural winners of NAR’s Fair Housing Champion Award. www.nar.realtor – Fair Housing
Helping Clients Navigate Higher Rate Environments
Rising inflation and the Fed reeling back support have led to quickly rising rates. Here’s how you can help clients navigate this new environment. What’s happening in the market? There are three main factors affecting the current market: higher mortgage rates, low inventory and higher prices. Let’s explore these challenges. Higher mortgage rates According to […]
Pending Home Sales Edge Higher 0.7% in May
Pending Home Sales Edge Higher 0.7% in May Pending home sales crept higher in May, ending a six-month streak of declines. However, year-over-year contract activity slid across the U.S. Media Contact: Troy Green 202-383-1042
Instant Reaction: Mortgage Rates, June 30, 2022
The 30-year fixed mortgage rate dropped to 5.7% from 5.81% the previous week. Although rates are significantly higher than last year, they are still historically low, remaining below 6%. www.nar.realtor – Research
Remodeling Your Home, Love Your Home!
According to a new report from NAR, homeowners who complete a remodeling project are more satisfied with their home. www.nar.realtor – Real Estate Story Ideas
Center for REALTOR® Development podcast: Resort and Second-Home Properties
Holly Mabery talks about her own experience working with investment and second home clients in Sedona, AZ. She shares ideas for marketing, building connections with buyers, and highlighting what’s so special about your community. www.nar.realtor – Vacation, Resort, and Second Homes
Home Price Gains Contract Slightly in April
As the housing market shifted under the weight of elevated mortgage rates and inflation in April, the most recent S&P CoreLogic/Case-Shiller Indices show that price growth for single-family homes in the U.S. experienced a mild acceleration. The organization revealed that home prices climbed 20.4% in April, slightly down from March’s 20.6%. All 20 cities saw […]
Monday Minute: Week of June 13, 2022
Both the House and the Senate are in session this week. What issues should REALTORS® follow? Fair housing bills markup. www.nar.realtor – Fair Housing
One-of-a-Kind Houston Penthouse Sells for $6.9 Million
Property Highlights: Where: Houston, Texas Sold For: $ 6.9 million Features: 9,500-square-foot penthouse with six bedrooms and six bathrooms Added Appeal: 600-bottle, climate-controlled wine room, expansive outdoor space with private pool, movie theater, golf simulator, Himalayan sauna and steam room Perched atop the Astoria in Houston is a full-floor residence with all the bells and […]