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U.S. Home Seller Profits Rise To 36 Percent In Second Quarter Of 2020

Despite Coronavirus Pandemic, Typical Seller Profit Margin Reaches New High Nationwide; Margins Increase in Three-Quarters of Markets Across the Nation Irvine, CA – July 23, 2020 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its second-quarter 2020 U.S. Home Sales Report, which shows that home sellers nationwide realized a gain of $75,971 on the typical sale, up from the $66,50...
Tags: Real Estate, Texas, News, Maryland, Minneapolis, California, Kentucky, Oregon, Virginia, Massachusetts, Alabama, Georgia, Indianapolis, Radio, United States, New Hampshire


More Homes Were Sold Last Week Despite Desperately Low Inventory

Seattle, WA – July 24, 2020 (PRNewswire) More homes went under contract last week than the week prior, and the housing market kept up its blistering pace, according to Zillow’s Weekly Market Reporti. Homes that sold last week were on the market for just more than two weeks, tying a record pace in Zillow data that dates back to 2019.  Newly pending sales return to strong weekly growth After falling week-over-week in the past four Weekly Market Reports, newly pending sales rose 10.9%...
Tags: Real Estate, News, Indianapolis, Radio, United States, Washington Dc, San Diego, Nashville, Zillow, Baltimore, Tampa, Orlando, Oklahoma City, Chicago Il, Birmingham Al, Seattle Wa


NAR Stresses Commitment to Racial Equity in Federal COVID-19 Relief Measures

Washington, D.C. – July 23, 2020 (nar.realtor) The National Association of Realtors® wrote(link is external) to House Financial Services Committee Chairwoman Maxine Waters and Ranking Member Patrick McHenry this week, relaying its commitment to ensure all Americans benefit equally from federal COVID-19 recovery provisions.  “Following the Great Recession, people of color did not experience the same economic recovery as White Americans, [and] Black homeownership rates fell to levels no...
Tags: Real Estate, News, Washington, America, Radio, Malta, San Francisco CA, Urban Institute, NAR, Patrick McHenry, National Association of Realtors, Real Estate News, The National Association of Realtors, National Association of Real Estate Brokers, Vince Malta, Malta Co Inc


NAR Disappointed in Administration’s Final Affirmatively Furthering Fair Housing Rule

Washington, D.C. – July 23, 2020 (nar.realtor) National Association of Realtors® President Vince Malta issued the following statement after the Department of Housing and Urban Development on Thursday unveiled its final rule implementing the “affirmatively furthering fair housing” provisions of the Federal Fair Housing Act. Following the administration’s initial proposal in January, NAR publicly commented that the changes threatened to strip away the rule’s original civil rights purpose, as manda...
Tags: Real Estate, News, Washington, America, Radio, Hud, San Francisco CA, NAR, National Association of Realtors, Department of Housing and Urban Development, Real Estate News, The National Association of Realtors, Vince Malta, Malta Co Inc


NAR Applauds Congressman Maloney’s First Time Homebuyer Pandemic Savings Act

NY Rep’s bill would make COVID-19 relief funds tax-exempt if used toward home down payment Washington, D.C. – July 22, 2020 (nar.realtor) The National Association of Realtors® called on members of the U.S. House of Representatives to cosponsor and support Rep. Sean Maloney’s (NY-D) First Time Homebuyer Pandemic Savings Act. The legislation would allow first-time buyers to withdraw funds from their retirement accounts under the umbrella of coronavirus-related distributions to use toward the pu...
Tags: Real Estate, News, Washington, America, Radio, San Francisco CA, NAR, U S House of Representatives, National Association of Realtors, Real Estate News, The National Association of Realtors, Maloney, Sean Maloney, Vince Malta, Malta Co Inc, NY Rep


Home Shopping Season is in Full Swing After Coronavirus Delay

– Zillow data reveals pending sales grew faster than new listings through June, as buyers are snapping up homes at a record pace – The typical U.S. home value is $252,178, up 4.3% year over year. – Rents have dipped slightly this spring in what is usually a period of growth. The typical rent is up 1.5% year over year to $1,723. That’s slower than the 2% annual growth seen last month. – Despite a small increase in new listings, inventory is down 24.1% from a year ago. Seattle, WA – Ju...
Tags: Real Estate, New York, News, Sacramento, San Francisco, Indianapolis, Chicago, Austin, Radio, United States, Washington Dc, Portland, San Diego, San Jose, Salt Lake City, Birmingham


NAR Applauds Administration Effort to Eliminate Duplicative, Onerous Regulations

Washington, D.C. – July 16, 2020 (nar.realtor) National Association of Realtors® President Vince Malta responded following the Trump administration’s deregulatory agenda press conference. Of note to America’s 1.4 million Realtors®, President Trump reiterated his commitment to the White House Commission on Barriers to Affordable Housing, which seeks to eliminate impediments to affordable housing, and touted the administration’s move earlier this week to modernize the National Environmental Protec...
Tags: Real Estate, News, Washington, White House, America, Radio, Malta, Trump, San Francisco CA, NAR, National Association of Realtors, Real Estate News, The National Association of Realtors, Vince Malta, Malta Co Inc, NAR Public Policy Coordinating Committee Chair


Realtors® Commend White House Move to Finalize NEPA Reforms

Washington, D.C. – July 16, 2020 (nar.realtor) National Association of Realtors® President Vince Malta issued the following statement after the White House finalized its rule to modernize the National Environmental Policy Act. Wednesday’s announcement, which culminated a multi-year review and public comment process, is intended to accelerate environmental reviews under NEPA to ensure U.S. infrastructure projects are completed more efficiently and affordably. “While uncertainty will co...
Tags: Real Estate, News, Washington, White House, America, Radio, Malta, San Francisco CA, NAR, National Association of Realtors, Real Estate News, NEPA, Vince Malta, Malta Co Inc


No Bargains in Sight as Home Prices Show Little Impact from Coronavirus

– Sale price growth has slowed slightly, but Zillow expects it will re-accelerate soon – The median sale price in the U.S. was $263,408 in May, up 4.6% year over year. That’s down from 5.5% annual growth in March. – A resurgence of high-end listings, few price cuts, and record-low days on market are expected to cause sale prices to accelerate in the coming months. – Sale price growth slowed the most from April to May in Providence and Charlotte, and increased the most in San Jose and In...
Tags: Real Estate, News, Milwaukee, Sacramento, San Francisco, Indianapolis, Chicago, Austin, Radio, United States, Washington Dc, Portland, San Diego, San Jose, Salt Lake City, Las Vegas


NAR, NAHB Partner to Educate Consumers, Members on Home Performance, Sustainability

Chicago, IL – July 14, 2020 (nar.realtor) The National Association of Realtors® and the National Association of Home Builders on Tuesday launched a new joint initiative, Home Performance Counts, designed to help consumers better understand the rapidly growing high-performance home marketplace – homes that prioritize comfort, durability, wellness and affordability. Demand for such housing has expanded over recent years, with the number of homes certified to the National Green Building Standard® i...
Tags: Real Estate, News, Washington, America, Chicago, Radio, San Francisco CA, NAR, National Association of Home Builders, National Association of Realtors, Real Estate News, NAHB, National Green Building Standard, Vince Malta, Malta Co Inc, NAR NAHB


Heavy Buyer Demand Tilting Market in Favor of Sellers

This Zillow Weekly Market Report includes housing market data as of the week ending July 4 Seattle, WA – July 10, 2020 (PRNewswire) Sellers have the upper hand in today’s housing market, according to Zillow’s Weekly Market Reporti. Despite a dip in newly pending sales, homes are flying off the market at a record pace and inventory remains incredibly scarce.  Homes are being snatched up at a record pace Homes once again went under contract at their fastest pace since at least 20...
Tags: Real Estate, News, Indianapolis, Radio, Washington Dc, Homes, Zillow, Baltimore, Columbus, San Antonio, Tampa, Orlando, Oklahoma City, Chicago Il, Birmingham Al, Seattle Wa


High-End Listings are Surging After a Sharp Spring Tumble

– In a sharp reversal from spring, new listings of high-end homes surged in June to near-normal levels, while a drought of more affordable inventory continues – In June, new listings of the most expensive homes were only down 9% from a year ago — a huge recovery from May, when those listings were down more than 50% year over year. – New listings for the most affordable homes remain depressed, still down 29% from a year ago and only three percentage points up from this May. – The spike i...
Tags: News, San Francisco, Indianapolis, Radio, Washington Dc, Portland, Miami, San Jose, Zillow, Denver, San Antonio, Cincinnati, Chicago Il, Seattle Wa, New York Ny, Houston TX


Pending Sales Dipped Slightly Last Week, But Homes Are Still Moving at Record Pace

This Zillow Weekly Market Report includes housing market data as of the week ending June 27 Seattle, WA – July 2, 2020 (PRNewswire) Homes continue to fly off the market just weeks after they’re listed — faster than any time in at least the past two years, according to Zillow’s Weekly Market Report1. That’s despite newly pending sales falling week over week for the first time since late May, though they remain well ahead of last month’s pace. Homes Are Going Under Contract at the F...
Tags: Real Estate, News, Indianapolis, Chicago, Radio, United States, Washington Dc, Portland, Homes, San Diego, Philadelphia, Birmingham, Houston, Kansas City, Seattle, St Louis


NAR’s Volunteering Works Program Announces 2020 Mentoring and Grant Recipients

Chicago, IL – July 2, 2020 (nar.realtor) The National Association of Realtors® and the Good Neighbor Society have announced the recipients of the 12th annual Volunteering Works grants and mentoring program. The program matches Realtors® who work on newer, small-scale charitable initiatives with mentors and provides funding support to individual volunteer efforts. The five Volunteering Works recipients will receive a $1,000 seed grant and a year of one-on-one mentoring from a member of...
Tags: Real Estate, News, America, Chicago, Radio, House, Johnson, Wells Fargo, Knoxville, San Francisco CA, NAR, Payne, Edmond Oklahoma, Liz Bryant, Ritchie, Lolo


North American Realtors® Applaud First Steps of USMCA Implementation

Washington, D.C. – June 30, 2020 (nar.realtor) National Association of Realtors® President Vince Malta, together with Canadian Real Estate Association President Costa Poulopoulos and Asociación Mexicana de Profesionales Inmobiliarios President Roberto Barrios, reiterated their support of the new U.S., Mexico and Canada Trade Agreement after the White House announced steps to implement the deal will begin this week. “Effective trade agreements keep the economy strong and help sustain r...
Tags: Real Estate, News, Washington, White House, America, Radio, Canada, North America, Malta, San Francisco CA, NAR, National Association of Realtors, Real Estate News, U S Mexico, Vince Malta, Malta Co Inc


Wedding Centerpieces with an Unexpected Fruit . . . Pomegranates

When it comes to fruit - there are so many ways to use it . . . in smoothies, in salads, in desserts, in cocktails . . . but how about in your wedding centerpieces? Susan of Bloomin Couture in San Francisco, CA is joining me today with the most gorgeous floral arrangement that incorporates fruit - pomegranates in particular for this one. ...
Tags: Wedding, Flowers, Susan, San Francisco CA, Invitations + Paper Goods, Instagram Festive Fetti, Kismis Ink Photography


Amidst Health, Safety Concerns, NAR’s 2020 REALTORS® Conference & Expo Goes Virtual

Online format dramatically expands member participation opportunities for November conference Chicago, IL – June 24, 2020 (nar.realtor) The National Association of Realtors® announced Wednesday that the 2020 REALTORS® Conference & Expo, previously scheduled from November 13-16 in New Orleans, will be transitioned to a fully virtual format in light of ongoing health and safety concerns stemming from the COVID-19 pandemic. NAR completed the first-ever virtual iteration of its Legislative Meetin...
Tags: Real Estate, News, America, Chicago, Radio, New Orleans, San Francisco CA, NAR, National Association of Realtors, Real Estate News, Bob Goldberg, Vince Malta, Malta Co Inc, Amidst Health Safety Concerns NAR


Realtors® Applaud CFPB’s Long-Awaited QM Patch, Replacement Announcements

Washington, D.C. – June 22, 2020 (nar.realtor) National Association of Realtors® President Vince Malta issued the following statement today after the Consumer Financial Protection Bureau on Monday released two Notices of Proposed Rulemaking extending the Qualified Mortgage Patch and amending the QM definition replacing the previous debt-to-income limit. The QM was created within the “ability to repay” anti-predatory lending provisions in the Dodd-Frank Wall Street Reform and Consumer Protection ...
Tags: Real Estate, News, Washington, America, Radio, DTI, Malta, Bureau, San Francisco CA, NAR, CFPB, Consumer Financial Protection Bureau, National Association of Realtors, Real Estate News, The National Association of Realtors, Vince Malta


Coronavirus Housing Rebound Highlights Wealth Divide

Homebuyers with secure, high-paying jobs and access to cash and credit take advantage of low mortgage rates, as job losses disproportionately affect low-income and Black workers already excluded from homeownership Seattle, WA – June 22, 2020 (PRNewswire) (NASDAQ: RDFN) — The impact of coronavirus shutdowns on homebuyer demand has been short and muted, but the economic recovery will disproportionately benefit those who were already economically advantaged, according to a new analysis from Red...
Tags: Real Estate, New York, News, New York City, San Francisco, Chicago, Radio, Canada, Bureau of Labor Statistics, United States, Connecticut, New Jersey, Dallas, Las Vegas, Seattle, Detroit


NAR Honors 2020 Recipients of the Supporting Women of Real Estate Grant

Chicago, IL – June 18, 2020 (nar.realtor) The National Association of Realtors® on Thursday announced the recipients of this year’s “Supporting Women of Real Estate” grant. Marking the second straight year that NAR and the Women’s Council of Realtors® have committed to investing in local initiatives that promote the role of women in real estate, this year’s qualifications were expanded to encourage remote events in light of the ongoing COVID-19 pandemic. Grants were awarded in increments of $5,0...
Tags: Real Estate, News, America, Chicago, Radio, New Jersey, San Francisco CA, NAR, National Association of Realtors, Real Estate News, San Antonio Board of Realtors, California Association Of Realtors, Vince Malta, Malta Co Inc, New Jersey Association of REALTORS, Women 's Council of Realtors


U.S. Home Value Growth Slows, Prices May Fall in Second Half of 2020

— Zillow’s economic research team expects a modest price drop through October — The typical U.S. home value grew 4.3% year over year in May to $251,598. The month-over-month change slowed noticeably from April, perhaps the first signal of a modest price fall. — Rents grew 2.2% year over year to $1,657, but were growing 3.4% annually just two months earlier. — Despite a small increase from the previous month, inventory is down 9.6% year over year. Seattle, WA – June 18, 2020 (PRNewswi...
Tags: Real Estate, New York, Los Angeles, Indianapolis, Chicago, Austin, Radio, United States, Washington Dc, Portland, San Diego, San Jose, Seattle, Cleveland, St Louis, Detroit


NAR Applauds Supreme Court Ruling on LGBTQ Equality

Washington, D.C. – June 15, 2020 (nar.realtor) The U.S. Supreme Court issued a landmark ruling Monday affirming workplace discrimination protection for LGBTQ individuals nationwide. The 6-3 opinion states that the 1964 Civil Rights Act protecting individuals from workplace discrimination based on sex also applies to sexual orientation and gender identity.  “NAR counts many LGBTQ persons among its 1.4 million members, and we are overjoyed to celebrate this victory with them today,” sai...
Tags: Real Estate, News, Washington, America, Radio, Malta, U S Supreme Court, San Francisco CA, NAR, National Association of Realtors, Real Estate News, Vince Malta, Malta Co Inc, NAR Applauds Supreme Court Ruling


NAR Introduces Implicit Bias Training for Realtor® Members, Associations

Training video based on latest research on overcoming unconscious stereotypes Washinton, D.C. – June 10, 2020 (realtor.org) As part of its commitment to addressing racial injustice in America, the National Association of Realtors® has begun circulating a new 50-minute implicit bias training video to its members and association staff. Partnering with the New York-based Perception Institute, NAR’s online video draws upon recent research to illustrate how the human brain’s automatic, instant ass...
Tags: Real Estate, New York, News, America, Radio, San Francisco CA, NAR, Washinton, Real Estate News, The National Association of Realtors, National Association of Realtors ®, Vince Malta, Malta Co Inc, Perception Institute, Perception Institute NAR


NAR Supports Administration’s Action on Infrastructure

Executive Order promotes needed investment during economic recovery Washington, D.C. – June 5, 2020 (nar.realtor) President Donald Trump signed an executive order Thursday to accelerate infrastructure investments in an effort to strengthen the economy and get people back to work. The order encourages federal agencies to use existing authority to expedite authorized and appropriated infrastructure projects across the country. Just as important, it also states that agencies should pr...
Tags: Real Estate, News, Washington, White House, America, Radio, Donald Trump, Malta, San Francisco CA, NAR, National Association of Realtors, Real Estate News, Vince Malta, Malta Co Inc


NAR Identifies Top 10 Housing Markets for Millennials During the Pandemic

Washington, D.C. – June 4, 2020 (nar.realtor) The National Association of Realtors® identified 10 markets with favorable conditions for millennial homebuyers during the coronavirus pandemic. In alphabetical order, the markets are: Austin-Round Rock, TexasDallas-Fort Worth-Arlington, TexasDes Moines-West Des Moines, IowaDurham-Chapel Hill-Raleigh, North CarolinaHouston-The Woodlands, TexasIndianapolis-Carmel-Anderson, IndianaOmaha, Nebraska/Council Bluffs, IowaPhoenix-Mesa-Scottsdale, ArizonaP...
Tags: Real Estate, News, Washington, America, Radio, Dallas, Omaha, Durham, Phoenix, San Francisco CA, Des Moines, NAR, National Association of Realtors, Real Estate News, LAKE CITY Utah, Lawrence Yun


Sixty-Five Percent of Those Who Attended an Open House Within the Last Year Would Do So Now Without Hesitation

Washington, D.C. – June 1, 2020 (nar.realtor) A majority of people – 65% – who attended an open house within the last year would do so now without hesitation, according to survey data released by the National Association of Realtors®. The series of surveys, which explored how home buyers and sellers want to safely handle home sales transactions during the coronavirus pandemic, were conducted by the research firm Engagious for NAR as the association kicks off National Homeownership Month. ...
Tags: Real Estate, News, Washington, America, Radio, San Francisco CA, NAR, National Association of Realtors, Real Estate News, National Homeownership Month, Vince Malta, Malta Co Inc, Engagious for NAR


Coronavirus Causes Biggest Annual Rent Growth Slowdown in at Least Five Years

Momentum continues to build in the for-sale market with newly pending sales, new listings and home values on the rise – The pace of year-over-year rent growth saw the biggest one-month slowdown since at least 2014, up 2.9% in April after 3.4% growth in March. Rents fell from March in 16 major markets. – Newly pending sales continue to rise, now nearly 50% higher than a month ago. – The typical U.S. home is now worth $250,492, up 4.3% year over year. – The flow of new for-sale listing...
Tags: Real Estate, News, Austin, Radio, Washington Dc, Houston, Cleveland, Zillow, Baltimore, Columbus, Cincinnati, Charlotte, Chicago Il, Seattle Wa, New York Ny, Houston TX


NR24 – “Dreams From The Basement, Vol.1” (Album)

San Francisco, CA based underground Hip Hop producer NR24 drops his new album “Dreams From The Basement, Vol.1” featuring Mistah F.A.B., Semiautocec, Syfarii Babii and more!  Follow him on Instagram @noah.24x.  
Tags: Albums, Jazz, San Francisco CA, NR24, Semiautocec Syfarii Babii


NAR Applauds FHFA Action Attempting to Assure Access to Affordable Credit

Washington, D.C. – May 19, 2020 (nar.realtor) National Association of Realtors® President Vince Malta issued the following statement after the Federal Housing Finance Agency issued guidance Tuesday regarding credit access for borrowers who are in or have recently exited forbearance. “NAR applauds the FHFA and Director Calabria for taking additional steps to secure the U.S. housing market and ensure mortgage and refinance options remain available to creditworthy Americans,” said Malta,...
Tags: Real Estate, News, Washington, America, Radio, Malta, San Francisco CA, Calabria, NAR, FHFA, National Association of Realtors, Real Estate News, Federal Housing Finance Agency, The National Association of Realtors, Vince Malta, Malta C Inc


Front and Center

Pizza parlors are a dime a dozen in any city worth its rent. Sold by the slice or full pie, the combination of crisp, slightly charred blistered crust with gooey cheese, still bubbling from the oven’s scalding hot breath, no one can resist such simple pleasures. Cybelle’s Front Room in San Francisco was founded upon that basic premise, like countless others, but rapidly evolved into an outpost for far more complex, diverse comfort food delights. Not just catering to the sporadic herbivorous visi...
Tags: Travel, Hong Kong, Chef, Interview, California, San Francisco, Chicago, Restaurant, Baking, Vegan, Bay Area, Bay, Caesar Salad, San Francisco CA, UCSF, Inner Sunset District