Homeownership

Homeownership Rate Flat in Q3

November 3rd, 2021
The homeownership rate was 65.4% in the third quarter of 2021, nearly flat compared to the previous quarter, according to the latest data from the Commerce Department. National vacancy rates in the third quarter 2021 were 5.8% for rentals (-0.6%...

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...

2022 Home Design Trends That Will ‘Wow’ Homebuyers

January 3rd, 2022
It seems like it was just yesterday when people were downsizing their homes, gravitating towards properties with public communal spaces and fawning over open floor plans. But today? The pandemic has changed all of that. Not only are more people...

Leave a Lasting Impression: A Guide to Closing Gifts

November 4th, 2021
For agents and clients everywhere, closing day is one of the most rewarding moments in a real estate journey. Whether you’re representing the buyer or the seller, closings should be a celebration of all of the time, stress and hard...

What the Steady But Slow Increase In Home Prices Means for Buyers and Sellers

December 13th, 2021
The housing market is finally starting to level out, and people are feeling cautiously optimistic. Right now, with the rate of increased prices finally slowing but still steadily rising, buyers and sellers may find themselves both getting what they want...

HUD Looks Back at 2021 Accomplishments

January 3rd, 2022
The U.S. Department of Housing and Urban Development (HUD) this year took bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes. These actions aligned with key Biden-Harris Administration priorities including ensuring...

Buyers Are Still Out There But Inventory Can’t Catch Up

November 5th, 2021
The fall real estate market has been relatively consistent compared to last year, but while listings continue to improve, growth has stumbled. New listings declined for the week, according to the latest realtor.com® Weekly Data Report for the week ended Oct....

Real Estate Q&A: Can I Use My Credit to Help Buy a House Where Someone Else Pays the Mortgage?

December 13th, 2021
(TNS)— Q: What are the pitfalls for a mother to use her credit to buy a house for her thirty-something son in another state? Both of our names would be on the title. He would make the down payment and...

Real Estate Q&A: I Co-Own a House With a Friend. Is it Better to Leave My Share in a Will, or Should I Draft a Deed?

January 3rd, 2022
(TNS)—Q: I own my home 50/50 with a friend. Neither of us has any close relatives that we would want to leave our half of the house. I read your article about owning a property with other people. Would it...
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