NAR Chief Economist Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates. Continue reading
Lawrence Yun said home prices will rise 1 percent and sales will dip 7 percent next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices in 2023. Continue reading
Karl Rove, deputy chief of staff to President George W. Bush, and April Ryan, the longest-serving Black female White House correspondent, spoke at NAR’s Legislative and Political forum Saturday. Continue reading
TheSkimm co-founders Danielle Weisberg and Carly Zakin took to the virtual stage at the National Association of Realtors’ annual conference, NAR NXT, on Friday. Continue reading
As the hurricane approaches, likely thousands of Realtors have had their flights canceled and are unable to reschedule, waiting to see if their reservations hold or exploring travel alternatives. Continue reading
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents. Continue reading
NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics. Continue reading
Rising home prices, mortgage rates and inflation slashed the share of first-time buyers down to 26 percent — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981. Continue reading
Pending sales fell 10.2 percent between August and September, according to new data released Friday by the National Association of Realtors, 31 percent lower than they were during the same time last year. Continue reading
Even as home prices and rates hit record highs, it’s still possible to attract multiple offers when a property stands out or it’s priced to sell. “We priced it right — right away,” one agent told Inman. Continue reading