Virtual Showings With Craig Wilburn

In our changing times, REALTORS® have had to learn to adapt in a way that allows them to serve their clients, while also complying with new laws and policies surrounding COVID-19. Virtually viewing and virtually showing properties is becoming more popular and attainable. In today’s episode, Craig Wilburn shares some of the developments his team [...]

By |2020-04-30T20:26:53+00:00April 30th, 2020|Uncategorized|0 Comments

March 2020 Pending Home Sales

NAR released a summary of pending home sales data showing that March’s pending home sales pace dropped 20.8% last month and fell 16.3% from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead Existing-Home Sales data by 1 to [...]

By |2020-04-30T16:34:04+00:00April 30th, 2020|Uncategorized|0 Comments

Majority of Realtors® Continue to Report Sellers Haven’t Lowered Listing Prices to Attract Buyers

WASHINGTON (April 30, 2020) – More than 3 in 4 Realtors® currently working with sellers this week – 76% – reported their clients haven’t reduced listing prices to attract buyers, according to a new survey from the National Association of Realtors®. That’s up from 74% who said the same a week ago.“Nearly 70% of Americans [...]

By |2020-04-30T12:22:24+00:00April 30th, 2020|Uncategorized|0 Comments

Easy as A/B Testing?

In addition to economic and housing studies, NAR Research utilizes surveys as a way to connect to and gather information about the opinions, priorities, and experiences of REALTOR® members. Unlike the data analyzed for housing statistics, reports such as the Member Profile and the Profile of Home Buyers & Sellers use self-reported data from random [...]

By |2020-04-29T19:17:58+00:00April 29th, 2020|Uncategorized|0 Comments

Pandemic Unemployment Assistance (PUA) By State

Millions of independent contractors and other self-employed individuals, including a large share of the nation’s 1.4 million REALTORS®, may now be eligible for unemployment benefits under the recently passed CARES Act. Through the Pandemic Unemployment Assistance program, you may now qualify for unemployment benefits for up to 39 weeks if you’ve suffered a loss of [...]

By |2020-04-29T17:15:05+00:00April 29th, 2020|Uncategorized|0 Comments

NAR Calls Housing Market Slump Temporary as Pending Home Sales Fall in March

“The housing market is temporarily grappling with the coronavirus-induced shutdown, which pulled down new listings and new contracts,” said Lawrence Yun, NAR’s chief economist. “As consumers become more accustomed to social distancing protocols, and with the economy slowly and safely reopening, listings and buying activity will resume, especially given the record low mortgage rates.”“The usual [...]

By |2020-04-29T12:44:24+00:00April 29th, 2020|Uncategorized|0 Comments

Your Guide to PUA Benefits

Millions of independent contractors and other self-employed individuals, including a large share of the nation’s 1.4 million REALTORS®, may now be eligible for unemployment benefits under the recently passed CARES Act. Through the Pandemic Unemployment Assistance program, you may now qualify for unemployment benefits for up to 39 weeks if you’ve suffered a loss of [...]

By |2020-04-28T19:29:49+00:00April 28th, 2020|Uncategorized|0 Comments

11 Million Struggling to Pay Mortgage Payments and Rent

The CARES Act stimulus package guarantees that all homeowners with a federally-backed mortgage can receive forbearance for up to one year if they struggle to meet mortgage payments because of a loss of income as a result of the coronavirus pandemic. Moreover, many states, cities, and counties are taking steps to minimize the impact of [...]

By |2020-04-28T18:15:45+00:00April 28th, 2020|Uncategorized|0 Comments