Pointing to data from active listings at realtor.com®, Yun says the markets where listing prices are around $250,000 – an affordable price point in most markets nationally – are drawing some of the most significant buyer attention, including Fort Wayne, Ind., Pueblo, Colo., Columbus, Ohio, Rochester, N.Y., and Lafayette, Ind.“We still need to address and, [...]
This Thanksgiving we look at how recent buyers are choosing their homes, and how their friends and family can influence their decision. While we don’t all get to see our families every day, for many home buyers having the option to do so can impact the home they purchase. Based on data from the recently [...]
Membership numbers are approaching an all-time high, says Treasurer John Flor in this two-minute financial report. Speaking from the 2019 REALTORS® Conference & Expo in San Francisco, Flor shares information on NAR's reserves, advocacy funding heading into the election year, and the renovation of the association's Chicago headquarters.
On November 26, 2019, the Federal Housing Finance Agency (FHFA) published the 2020 conforming loan limits for Freddie Mac and Fannie Mae. The baseline (national) limit will increase to $510,400 from $484,350 in 2019. In high cost areas, the limit will go up to $765,600 (from $726,525). The loan limits are based on FHFA’s Housing [...]
Counties with public school enrollment gains experienced higher price appreciation in the last 7 years, a NAR analysis shows.Across the country, hallways and classrooms are full of activity. More than three-fourths of the school-aged population, 48.2 million students, were enrolled in a public elementary and secondary school in 2018. Each year, the U.S. Census Bureau [...]
The U.S. Court of Appeals for the District of Columbia Circuit recently heard oral arguments in the case brought by a dozen attorneys general (AGs) challenging the Department of Labor (DOL) association health plan (AHP) rule issued in 2018. A decision will not be released until next year, possibly late winter or early spring.Questions in [...]
U.S. Housing & Urban Development Secretary Ben Carson and top industry economists will be in NAR's Washington, D.C. office Dec. 11 to discuss the outlook for 2020 at the first-ever Real Estate Forecast Summit.Check back here for the livestream of the 2019 NAR Real Estate Forecast Summit, December 11, 2019.
CHICAGO (November 21, 2019) – The National Association of Realtors®’ consumer-facing website, HouseLogic, is the winner of two prestigious Folio: Eddie & Ozzie Awards, presented by Folio Magazine. These accolades are among the most esteemed of its kind in the publishing industry. HouseLogic content covers home buying, selling, improvement, maintenance, taxes, finance and insurance issues [...]
NAR released a summary of existing-home sales data showing that housing market activity this October, rose 1.9% after falling in September 2019. October’s sales of existing homes inclined 4.6% from October 2018. September’s existing-home sales reached a 5.46 million seasonally adjusted annual rate. The national median existing-home price for all housing types reached $270,900 in [...]
The White House Council on Environmental Quality (CEQ) is proposing regulations that would streamline how agencies conduct National Environmental Policy Act (NEPA) reviews of major federal actions. This proposal would modernize the federal environmental review and permitting process with the goal of increasing infrastructure investment and project development in a manner that strengthens our economy [...]