Housing
Anywhere Real Estate Reports ‘Meaningful Profitability’ Amid Housing Market Crisis
The housing market as of late has become a tumultuous landscape to navigate, with mortgage rates above 7%, home prices having grown 357% in the last decade and homebuying sentiment recently at an 11-year low. Homebuying has become an unreachable dream for many, putting a lot of pressure on companies across the industry to find… […]
Could Solving the Housing Shortage Help Close the Racial Gap, Too?
A report highlights housing supply issues and how a multifaceted approach could be key to improving housing equity as well. www.nar.realtor – Fair Housing
Instant Reaction: Housing Starts, October 19, 2022
Housing starts weakened in September 2022, driven by insufficient single-family home construction and multifamily apartment building. www.nar.realtor – Research
Inflation (Finally) Dips, Housing Still a Concern
It’s still not good, but “better” is great news right now. That appears to be the consensus from economists after the latest inflation data from the Bureau of Labor Statistics (BLS) showed prices are finally starting to come down, with the Consumer Price Index (CPI) reading 8.5%—lower than expected, and a significant improvement over last… […]
Housing Affordability Conditions Fade as Mortgage Rates Push Monthly Payments Higher in June 2022
The monthly mortgage payment increased by 5.3% in June 2022, compared to the prior month, while the median family income increased by 1.4%. www.nar.realtor – Research
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
Realtors® Focus on Inventory and Fair Housing Solutions at Legislative Meetings
During a panel discussion, NAR’s leadership team discussed the top issues in real estate with three NAR policy experts. www.nar.realtor – Fair Housing
NAR’s Bryan Greene Joins Third Way to Discuss Solutions to the Housing Supply and Affordability Crisis
Greene highlighted policy proposals NAR is pursuing to make homeownership accessible to more people and outlined supply solutions that can be activated immediately. www.nar.realtor – Fair Housing
Window to the Law: Criminal Background Checks and Fair Housing
Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® (NAR) to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. Overly broad bans on renting to individuals with criminal records may lead […]