Sell Now, Buy Later One Option for Homeowners
For homeowners thinking about cashing in on today’s blistering housing market, the situation has become something like a cat chasing its tail.
Report Calls for End of Commission ‘Price Setting’
Real estate commission rates are just one step below fixed, according to a new report from the Consumer Federation of America. And rising home prices are handing ammunition to those who say that has to change.
Will the Housing Market Normalize Next Year? Yun Says ‘Yes’
The crazy roller-coaster ride that has been the nation’s real estate markets could come to an end next year, the chief economist of the National Association of Realtors said last week.
Some Closings Hit a Wall with AWOL Buyers
The closing is the last step in the long, sometimes difficult, almost always anxious journey in buying and selling a house. And it can be just as ripe for pitfalls as any other part of the process.
Greater Boston Monthly Rent, Mortgage Payments Hit Parity
With the rental market strengthening in Greater Boston, the median monthly rent and the monthly mortgage payment on the median newly-bought home are nearly equal, according to a National Association of Realtors analysis.
Report Shows 2021’s Buyers Looked Online Before Turning to Realtors
Many of 2021’s buyers started their homebuying process with an online search for homes for sale, according to a new report by the National Association of Realtors
NAR President Urges Members to Mask Up
NAR President Charlie Oppler has penned a letter to the group’s members urging masking and social distancing “whenever possible.”
Feds Promise Bigger Investigation into NAR Rules
Federal antitrust investigators say they’re abandoning a proposed settlement and the associated civil complaint against the National Association of Realtors. But it’s not letting the group off the hook.
National Coalition Announces Plan to Boost Black Homeownership
With divergent homeownership levels blamed for yawning racial wealth gaps both nationally and locally, a group of housing and civil rights leaders have released a proposal to create 3 million net new Black homeowners by 2030.
NAR: Underbuilding Left America Short 5.5M to 6.8M Homes
Calling the state of the nation’s housing stock “dire” and the supply-demand gap “enormous,” the report calls for “a major national commitment to build more housing of all types.”
New Survey Shows Just How Bad the “HGTV Effect” on Buyers Is
Inflated or unrealistic expectations among prospective homebuyers have long been a cause for complaint among real estate agents, and a new survey shows just how widespread it could be.
New NAR Survey Reveals Big Racial Income Gaps in Real Estate
A new survey from the National Association of Realtors finds that the median white residential Realtor makes about three times what the median Black residential Realtor does.
Multigenerational Homes Popular in 2020
The National Association of Realtors reports that 18 percent of homebuyers between the ages of 41 and 65 bought a multi-generational home, which could house adult siblings, adult children, parents or grandparents under the same roof.
Zillow, NAR Hit By Antitrust Lawsuit
Startup online brokerage REX claims Zillow and NAR constitute a cartel that has locked homes its agents represent out of online home listings search results.
Realtors Grapple with New Hate Speech Rules
In an unusual, if not unprecedented, move for a major trade organization, the National Association of Realtors has taken full ownership for any and all discriminatory actions taken over the years by the 1.4 million agents and brokers for which it speaks.
Real Estate, Banking Industries Respond to Capitol Siege
Major figures in the banking and commercial and residential real estate industries roundly condemned Wednesday’s attack on the U.S. Capitol Building by supporters of President Donald Trump aimed at halting Congress’ ceremonial affirmation of the 2020 election results.
Incoming President Apologizes for NAR’s Past Contributions to Racial Inequality
One of the first official actions Charlie Oppler took as the 2021 president of the National Association of Realtors was to issue a formal apology for the group’s contributions to racial segregation and inequality.
DOJ, NAR Settle Lawsuit Over Antitrust Allegations
Prosecutors and the National Association of Realtors have reached a settlement in a civil lawsuit filed yesterday that claims several NAR policies aimed at bolstering multiple-listings services against online competition violate federal antitrust laws.
NAR Board OK’s Controversial Hate Speech Policy
The National Association of Realtors’ board of directors voted Friday to approve a new policy that bars members from using “harassing or hate speech” anywhere, at any time.
High Prices Offset Gains from Low Rates
Housing prices are rising so fast around the country – “too fast,” as the chief economist at the National Association of Realtors said recently – that they are all but obliterating any gains buyers are seeing from record-low interest rates.
