2023
Instant Reaction: Inflation, April 12, 2023
The 5% consumer price inflation in March is a steady improvement from 9% last summer, 8% in autumn, 7% during Christmas, and 6% in the early months of 2023. www.nar.realtor – Research
NAR Names Jennifer Wauhob Its 2023 Vice President of Association Affairs
Meet NAR’s 2023 Vice President of Association Affairs NAR’s leadership team look forward to working with Jennifer to ensure this association is operating efficiently for our members and their clients. Media Contact: Wesley Shaw 202-383-1193
February 2023 Commercial Market Insights
Commercial real estate started the new year on a slow note with lower demand, smaller rent price gains, and higher vacancy rates. www.nar.realtor – Research
Instant Reaction: Mortgage Rates, February 16, 2023
The average rate on a 30-year fixed mortgage ticked up to 6.32% from 6.12%. www.nar.realtor – Research
Lennox Scott Shares His 2023 ‘State of the Nation’ Address
Editor’s note: The following is commentary submitted to RISMedia by J. Lennox Scott, chairman and CEO of John L. Scott Real Estate in Seattle, Washington. John L. Scott Real Estate, with 33 offices and over 1,500 agents, ranked No. 15 out of 1,000 firms on RISMedia’s 2022 Power Broker Report with over $ 12.5 billion […]
Instant Reaction: Jobs, January 6, 2023
There were 223,000 net new jobs in December 2022, and the unemployment rate is at a historic low of 3.5%. Wage growth over the past 12 months was 4.6%. www.nar.realtor – Research
NAR Forecasts 4.78 Million Existing-Home Sales, Stable Prices in 2023
2023: 4.78 Million Existing-Home Sales, Stable Prices NAR’s Chief Economist, Lawrence Yun, unveiled the association’s forecast for 2023 during NAR’s fourth annual year-end Real Estate Forecast Summit. Media Contact: Troy Green 202-383-1042
Second Century Ventures Opens Applications for 2023 REACH U.S. Programs, Appoints New Executive Director
2023 REACH U.S. Applications Open; New Program Director REACH’s mission is to select and help scale the most promising new technology companies in real estate and adjacent industries. Media Contact: Spencer High 202-383-1051 Technology
NAR Names 2023 Leadership Team as Board Approves Changes to Code of Ethics
A series of changes are coming down the pike as the National Association of REALTORS® (NAR) wrapped up its three-day conference in Orlando. As the housing market transitions to a more balanced state, a new slate of officers has been named to NAR’s leadership team following the association’s annual conference, NAR NXT, The REALTOR® Experience.… […]