Do You Know Who Your Competition Is? The Answer Might Surprise You
Last year, the National Association of REALTORS® reported more than one and a half million licensed agents in the United States—the largest number of associates to ever be active at one time. That is a lot of options for consumers, and one could argue that it is your competition. But is it? As a master […]
Yesterday’s Scripts Won’t Close Tomorrow’s Listings
The person that can change the most will succeed the most. In our fast changing, still highly competitive and shifting market, your agents need to be ahead of the shift, and it starts with taking a quick inventory of what strategies are effective and which are ineffective in today’s environment. Most of the time, real […]
Instant Reaction: CPI Inflation, July 13, 2022
Consumer price inflation is the highest in over 40-years and showed no sign of slowing down in June. It rose by 9.1% and is accelerating. www.nar.realtor – Research
National Association of Realtors® Announces Partnership With Rental Beast
NAR Announces Partnership With Rental Beast NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine. Media Contact: Spencer High 202-383-1051
Housing Affordability Drops as Mortgage Payments Spike 51% From May 2021
Compared to one year ago, affordability fell in May as the monthly mortgage payment climbed 51% and median family income rose by 4.5%. www.nar.realtor – Research
5 Ways to Market Your Business More Effectively
Repeat clients and referrals are vital, but equally so is reaching new customers to keep your market reach expanding. Here are five ideas to bear in mind when crafting advertisements for your business. Know who you should be marketing to Before you start writing up or commissioning ad copy, think about who you are trying […]
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