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NAR 2022 President Testifies Before House Committee on Veterans’ Affairs
December 10th, 2021
National Association of REALTORS® (NAR) President Leslie Rouda Smith testified today before the House Committee on Veterans’ Affairs Subcommittee on Economic Opportunity during its hearing, “Removing Barriers to Veteran Homeownership”. Rouda Smith, a REALTOR® for 36 years, spoke to NAR’s efforts to improve the home-buying process for veterans and servicemembers and offered policy recommendations to help...
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Overall Mortgage Applications Down, Refis Take Hit as Homeowners Watch Rates
December 15th, 2021
For the week ending Dec. 10, mortgage applications decreased 4%. The Market Composite Index, according to the Mortgage Banker’s Association (MBA), decreased 4% compared to the previous week. Key findings: Unadjusted, the index decreased 6% compared with the previous week...
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New-Home Mortgage Applications Down 2.2% in November
December 20th, 2021
Mortgage applications for new-home purchases decreased 2.2% YoY, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2021. On a monthly basis, applications decreased by 3%. MBA estimates new single-family home sales were running at...
Florida, Sales, Inventory, Economy, real estate news, Real Estate, Home Prices, Homeownership, Industry News, Housing Market, National, Latest News, News
Regional Spotlight: Florida Sees Higher Levels of Market Activity in November
December 27th, 2021
Florida’s housing market reported more closed sales, higher median prices, more pending sales and continuing tight inventory levels in November compared to a year ago, according to Florida REALTORS® latest housing data. Closed sales of single-family homes statewide last month totaled 27,541,...
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Start the New Year Off Right by Learning From the Best
December 31st, 2021
From Power Brokers to top-producing agents to the industry’s leading coaches and trainers, attendees at RISMedia’s Real Estate’s Rocking in the New Year, a virtual day of learning, will learn from the best to develop strategies for success in 2022,...
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Go, Team, Go: How Sports Can Shape Real Estate
January 5th, 2022
Everyone knows someone (or is someone) that makes sports fandom a defining passion. From everyday choices like clothing to enormously important life events like weddings, these individuals dedicate tremendous energy, time and money to their favorite team, school or competition....
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Job Growth Slowed in December as Pandemic Cases Surged
January 7th, 2022
Job growth didn’t meet expectations for the month of December, as COVID-19 cases surged due to the highly infectious Omicron variant. According to the latest data from the Bureau of Labor Statistics, nonfarm payrolls increased by 199,000 and unemployment fell...
Construction, real estate news, Remodeling, Real Estate, Industry News, Home Renovation, Housing Market, National Association of Home Builders, National, Latest News, News
Remodeling Demand Is Strong Despite Material and Labor Shortages
October 18th, 2021
Remodeler’s confidence increased in the third quarter, with the NAHB/Royal Building Products Remodeling Market Index (RMI) posting a reading of 87, according to the National Association of Home Builders (NAHB). The NAHB/Royal Building Products RMI survey asks remodelers to rate...
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Corcoran Promoted Ryan Fitzpatrick to Regional VP of Downtown Manhattan
October 21st, 2021
The Corcoran Group, New York City’s top residential real estate brokerage, recently announced that Ryan Fitzpatrick has been promoted to regional vice president of Downtown Manhattan. This strategic role will further support the continued strength of the brokerage’s business across New York...
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NAR Announces 2021 Good Neighbor Award Winners
October 26th, 2021
For 22 years, the Good Neighbor Awards has recognized REALTORS® who make an extraordinary impact on their communities through volunteer work. The five individuals named as this year’s National Association of REALTORS® (NAR) Good Neighbor Award winners serve as an...