Posts filtered by tags: National Association of Realtors[x]


NAR tells Congress tax reform is hurting homeowners

The director of the National Association of Realtors, the nation's largest real estate trade group, testified before Congress about the ways in which the Tax Cuts & Jobs Act have made it harder to own a home
Tags: Congress, Homeownership, Government, Radio, Homeowners, Industry News, Tax Reform, NAR, National Association of Realtors, Kevin Brown, House Ways and Means Committee, Markets & Economy, Select, Tax Cuts and Jobs Act, MLS & Associations

The Lobbying Swamp Is Flourishing In Trump’s Washington

At least 33 former officials — including ex-Interior Secretary Ryan Zinke — have found ways to sidestep the administration’s ethics pledge. Of those, at least 18 are now registered federal lobbyists and the rest work in jobs that closely resemble lobbying. It’s been more than two years since President Donald Trump, who rallied campaign supporters with calls to “drain the swamp” of lobbyists and their ilk, took office. But despite that campaign promise, Washington influence peddlers continue ...
Tags: Amazon, News, Obama, Congress, California, Washington, Senate, White House, Politico, San Francisco, Dhs, House, Hsbc, Cigna, Treasury, Homeland Security

First Comes Love… Then Comes Mortgage? Couples Lead the Way

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is more attainable with two incomes to save for down payments and contribute to monthly housing costs. However, many couples […]
Tags: Radio, National Association of Realtors, Market Information, real estate San Jose, Profile of Home Buyers Sellers

NAR: Healthier Home Prices in Q4

Across the largest markets, home prices are rising, but at a healthier rate than in recent years, according to new research. From the fourth quarter of 2017 to the fourth quarter of 2018, home prices rose 4 percent, according to a National Association of REALTORS® (NAR) report. On an annual basis, there were higher home prices in 92 percent, or 163, of the 178 metropolitan areas in the report. Comparing the largest markets, the median price was $257,600. Among condos/co-ops, the median price was...
Tags: News, Housing Market, Radio, National, Latest News, NAR, HONOLULU Hawaii, National Association of Realtors, Lawrence Yun, Home Values, Buying/Selling, Home Prices, Lead Story, Youngstown Warren Boardman Ohio, Suzanne De Vita, Existing-Home Sales

Housing Affordability Index falls

Housing affordability fell in the fourth quarter, according to the National Association of Realtors' Housing Affordability Index, released on Tuesday.
Tags: Analysis, Radio, Predictive Analytics, NAR, National Association of Realtors, Lawrence Yun, Markets & Economy, News Brief, Housing Affordability Index

Realtors® Release New Vision for Fannie Mae, Freddie Mac Reform

Washington, D.C. – February 7, 2019 ( With over 400 people on hand for the National Association of Realtors®’ Housing Finance Reform Policy Forum, NAR today unveiled a new vision for reforming the GSEs. As featured speakers for the panel titled “NAR’s vision: A plan for secondary finance shaped in the aftermath of adversity for longevity,” co-authors Dr. Susan Wachter, Professor of Real Estate and Finance at the University of Pennsylvania, and Dr. Richard Cooperstein, head of Risk Ma...
Tags: Real Estate, Washington, America, Radio, University of Pennsylvania, Freddie Mac, Congressional, NAR, FHFA, Grand Hyatt, Fannie Mae, National Association of Realtors, Real Estate News, The National Association of Realtors, Real Estate and Finance, Middle America

Owning a Home Could Help You Get a Date With That Special Someone

Nearly 60 percent of millennial singles indicate homeownership makes a potential mate more attractive Santa Clara, CA – Feb. 7, 2019 (PRNewswire)®, the Home of Home Search℠, today released new survey data that shows owning a home might make you more attractive to that special someone you’ve had your eye on, especially if they are a millennial or a woman. Singles looking to boost their chances of dating a homeowner may want to considering living in the South or in the Midwest bec...
Tags: Real Estate, Minneapolis, Radio, Millennials, Philadelphia, Cleveland, St Louis, News Corp, Detroit, Baltimore, Pittsburgh, Midwest, Charlotte N C, National Association of Realtors, Real Estate News,

The Power of Independence: Why Arizona Best Stays Small to Win Big

The Arizona Best Team (L to R): Ashley Pickens, Charmayne MacIntyre, Leanne King, Patty Tracy, David MacIntyre, Laura Staver, Michelle O’Connell, Allison Rybarczyk and Christine Jurgens Ask David MacIntyre to describe his company and he’ll proudly tell you, “We are not just another real estate firm; we are a family.” When he started Arizona Best Real Estate in 1987, MacIntyre’s plan was never to hire mass quantities of agents or open endless offices, but rather, to grow an independent firm an...
Tags: News, David, Radio, Arizona, Broker, Latest News, Jim Collins, Best Practices, Asu, Trending, NAR, Allison, CRP, National Association of Realtors, Presbyterian Church, Phoenix Scottsdale

Realtors® to Again Lead Industry Talks on Fannie Mae, Freddie Mac Reform

NAR’s first annual policy forum will unveil a new comprehensive vision for GSE reform. Washington. D.C. – February 1, 2019 ( On February 7, dozens of industry stakeholders and hundreds of invested attendees will gather for the National Association of Realtors®’ first-annual Policy Forum at the Grand Hyatt in Washington. As Congress and the Federal Housing Finance Agency work to develop a framework for GSE reform, NAR will bring together some of the most engaged and influential fig...
Tags: Real Estate, Congress, Washington, America, Radio, University of Pennsylvania, Freddie Mac, NAR, Grand Hyatt, Fannie Mae, National Association of Realtors, Real Estate News, Company Inc, Federal Housing Finance Agency, Fannie, Real Estate and Finance

How Reverse Mortgages Can Help Millions More Americans

As the reverse mortgage industry continues to try and find new ways to expand business in the wake of difficult challenges that come with regulatory changes and generally reduced volume, one reverse mortgage loan officer was looking for an opportunity to share a novel idea in terms of a new marketing target for originations: people who primarily work on commission-based income, and by extension the millions of Americans who are self-employed. “This strategy actually came to me via a real esta...
Tags: Featured, Education, Finance, Donald Sutherland, Ira, Durham, Sutherland, National Association of Realtors, Realtor, Homebridge Financial Services, Homebridge, Marketing & Sales

Consider a bridge loan to avoid in a fire sale

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly survey: The 30-year fixed averaged 4.46 percent, increasing one basis point from last week. The 15-year fixed rate also increased one basis point from last week landing at 3.89 percent. Rates have been flat for four weeks. The Mortgage Bankers Association reported a 3 percent decrease in loan application volume from the previous week. Bottom line: Assumi...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Mortgage, Orange, Southern California, Freddie Mac, FHA, Laguna Niguel, National Association of Realtors, Mortgage Bankers Association, Orange Counties, Steven Thomas

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases.
Tags: Radio, Stock Market, Mortgage Rates, National Association of Realtors, Lawrence Yun, Markets & Economy, News Brief, Pending Home Sales, Existing-Home Sales, Consumer Confidence

US pending home sales fell 2.2 percent in December

WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in December with affordability pressures causing interest from would-be buyers to fall.The National Association of Realtors says its pending home sales index fell 2.2... [Author: [email protected]]
Tags: Business, Washington, US, Ap, National Association of Realtors

What Real Estate Agents Earn In Every State

Despite overall economic prosperity in recent years, one area that has remained sluggish is homebuying. According to the National Association of Realtors, December existing home sales declined 6.4 from November — the weakest month for existing home sales in at least three years. With fewer homes being sold, the people most directly affected tend to be real estate sales agents, whose incomes are tied to home sales. As of January 2019, the average annual earnings for real estate sales agents wa...
Tags: Utah, Florida, New York, Texas, Minnesota, Mississippi, Maryland, Colorado, California, Montana, Washington, Kentucky, Oregon, Virginia, Massachusetts, Alabama

Shaking down businesses the wrong fix for housing

The median home price in San Francisco is $989,000, and in San Jose it’s $1.3 million, according to the National Association of Realtors third-quarter data. The median household income in those cities is less than half of what’s needed to buy a median-priced home. The question is what to do about it. A proposal unveiled by Gov. Gavin Newsom as he presented his first state budget would “ask” tech companies in the Silicon Valley to match the state’s spending on workforce housing. “The workforce ho...
Tags: Apple, Google, Facebook, Texas, California, Opinion, San Francisco, Sport, Austin, Soccer, Editorials, Dallas, Silicon Valley, San Jose, Air, Lausd

With Fed Pulling the Reins, Housing to Level Out

With the Federal Reserve indicating a looser policy, the housing market is on a path toward plateauing, according to analysts at Fannie Mae. Fannie Mae’s Economic and Strategic Research Group expects the Fed to hike interest rates once this year, according to its forecast for January, recently released. If so, the decision could give housing a lift, as affordability for beleaguered homebuyers improves. The economy is expected to grow 2.2 percent this year, decelerating due to the fiscal stimulus...
Tags: News, Interest Rates, Housing Market, Economy, Radio, National, Federal Reserve, Mortgage Rates, Latest News, Fed, Duncan, Freddie Mac, Fannie Mae, National Association of Realtors, Doug Duncan, Suzanne De Vita

IRS Update: Real Estate Professionals to Benefit From Pass-Through Deduction

As we approach tax season, the Internal Revenue Service (IRS) has been releasing final clarifications for last year’s major tax overhaul, the Tax Cuts and Jobs Act, which left many questions unanswered, especially for real estate professionals. Now, the industry has secured another win with the help of the National Association of REALTORS® (NAR), as the Internal Revenue Service (IRS) and Treasury announced final regulations concerning the Qualified Business Income deduction. The initial overhaul...
Tags: News, America, Radio, Treasury, National, Irs, Latest News, NAR, Internal Revenue Service IRS, National Association of Realtors, The IRS, Real Estate Professionals, Tax Season, Government Affairs, Tax Cuts and Jobs Act, John Smaby

Deep Dive for Existing-Home Sales, Falling 6.4 Percent

After gaining ground in November and October, existing-home sales fell last month, dropping 6.4 percent to 4.99 million, the National Association of REALTORS® (NAR) reports. On an annual basis, sales toppled 10.3 percent. Inventory month-to-month slid, as well, but has improved since last year, according to NAR. December inventory was 1.55 million, down from 1.74 million in November but up from 1.46 million in December 2017. “The housing market is obviously very sensitive to mortgage rates,” s...
Tags: News, Housing Market, Radio, National, Latest News, Freddie Mac, COLUMBUS Ohio, NAR, National Association of Realtors, Midland Texas, Yun, Odessa Texas, Real Estate Market, Lawrence Yun, Buying/Selling, Home Prices

US home sales plummeted 6.4 percent in December

WASHINGTON (AP) — U.S. home sales cratered in December, causing price growth to slip to the lowest level in nearly six years as the housing sector ended 2018 on a decidedly weak note.The National Association of Realtors says that... [Author: [email protected]]
Tags: Business, Washington, US, Ap, National Association of Realtors

Existing-home sales decline in December after 2 months of gains

Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains.
Tags: Data, Radio, Industry News, NAR, Keller Williams, National Association of Realtors, Lawrence Yun, Ruben Gonzalez, Markets & Economy, News Brief, Existing-Home Sales

Contract Signings Dip

In this video, from the National Association of REALTORS YouTube channel, NAR Chief Economist Lawrence Yun talks about November pending home sales, big swings in the West region, affordability, the effect of the government shutdown on flood insurance and home sales, and gives his forecast for 2019.
Tags: Real Estate, News, Radio, West, NAR, National Association of Realtors, Lawrence Yun, General Interest, National Association of REALTORS YouTube

MoxiWorks goes for Upstream’s jugular

Real estate technology firm MoxiWorks has thrown down the gauntlet, casting its own data service MoxiCloud as a replacement for Upstream, the controversial broker data management platform funded by the National Association of Realtors until a sudden split last month.
Tags: Technology, Radio, Data Management, Upstream, National Association of Realtors, Brokerage, Select, Listing Data, Alex Lange, MoxiWorks, Craig Cheatham, York Baur, MLS & Associations, MoxiCloud

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

The deadline for employers to report payments to contract workers on form 1099-MISC along with W-2 and W-3 forms is January 31.
Tags: Radio, Irs, Industry News, National Association of Realtors, Real Estate Taxes, Markets & Economy, Brokerage, News Brief, 1099, Tax Season, W-2, Filing Deadline, Chuck Rettig, 1099 Deadline, 1099-MISC

When Is the Best Time to Buy a House?

When is the best time to buy a house? You might have asked yourself that question before, our chief economist Danielle Hale will use data from the housing market to show you when the best time to buy a house is. As well as when you could get a good deal on a house throughout the year. Check out the link below for location specifics. The following video is from the YouTube channel. You can also see the best time to buy based on where you live on
Tags: Real Estate, Radio, NAR, National Association of Realtors, General Interest,, Danielle Hale

Homeownership Part of “American Dream”; Housing Costs Deterrent for Non-Owners

Washington, D.C. – January 14, 2019 ( Homeowners and non-homeowners both strongly consider homeownership part of the American Dream. That is according to new consumer survey data from the National Association of Realtors®, which revealed that among those polled, approximately 75 percent of non-homeowners believe homeownership is part of their American Dream, while nine in 10 current homeowners said the same. NAR’s Aspiring Home Buyers Profile analyzed 2018 quarterly consumer insight...
Tags: Real Estate, News, Homeownership, Washington, America, Radio, American Dream, Homeowners, NAR, National Association of Realtors, Yun, Real Estate News, Lawrence Yun Lawrence Yun, Housing Costs, TechnoMetrica Market Intelligence A, Aspiring Home Buyers Profile

What the government shutdown means for your mortgage

By Holden Lewis, The partial federal government shutdown is complicating the already complicated process of getting and managing a mortgage. For one thing, the political storm is like severe weather at a major airport: You can expect minor delays or worse. And if you’re among the 800,000 federal employees going without a regular paycheck, it could mean trouble making a house payment. ICYMI: Lenders coming to aid of workers affected by government shutdown Here’s how the shutdown ...
Tags: New York City, Usda, Sport, Soccer, Va, St Louis, Irs, Wells Fargo, U S Department of Agriculture, Federal Emergency Management Agency, Freddie Mac, Coast Guard, FHA, JPMorgan Chase, Freddie, Federal Housing Administration

Shutdown a Negative on Market, NAR Says

NAR Chief Economist Lawrence Yun says the partial shutdown of the federal government is hurting real estate markets, mainly because of the uncertainty it’s causing. In addition, some homebuyers are seeing a delay in their transaction, especially among those using mortgage financing backed by the federal Rural Housing Service.
Tags: Real Estate, Radio, Shutdown, Federal, NAR, National Association of Realtors, Lawrence Yun, General Interest, Givernment

Women, Millennials, and Hispanics Will Shape the Future of Housing

– Ten of the top 20 and seven of the top 10 fastest-growing buyer first names are predominantly millennial female names – Home deeds with predominantly millennial first names grew 5.3 percent year-over-year – Home sales associated with traditionally Hispanic first names increased 4.1 percent year-over-year Santa Clara, CA – Jan. 9, 2019 (PRNewswire) The future of real estate will be significantly influenced by women, millennials and Hispanics, according to®’s analysis of first names ...
Tags: Utah, Real Estate, Women, Woman, Radio, New Jersey, Arizona, Millennials, Victoria, Hispanics, Social Security Administration, News Corp, Taylor, East Coast, Central America, Caribbean

Realtors Property Resource® Sees Record 2018 Engagement

User sessions increase by 29.5 percent year-over-year from 2017 Chicago. IL – Jan. 8, 2019 (PRNewswire) Realtors Property Resource® , a subsidiary of the National Association of Realtors®, reached a major user engagement milestone on its real estate data and analytics platform. As of December 31, 2018, engagement with RPR among NAR members soared to a record 14.7 million sessions—a notable 29.5 percent increase from 2017. Throughout 2018, Realtors® spent more than 100 million minutes researching...
Tags: Real Estate, Radio, Mls, Association, NAR, National Association of Realtors, Real Estate News, RPR, Realtors Property Resource, CIE, Jeff Young, Bob Goldberg, National Association Of, Chicago IL Jan, Janine Sieja, Commercial Information Exchanges

NAR Chief Economist Lawrence Yun Discusses Existing-Home Sales Increasing for Second Consecutive Month

Sales of existing homes rose slightly in November, but fell sharply on a year-over-year basis. Inventory levels were up for the fourth month in a row. National Association of REALTORS® Chief Economist Lawrence Yun discusses the data in this video.
Tags: Real Estate, News, Radio, NAR, National Association of Realtors, Lawrence Yun, General Interest, Home Sales