How the Biden administration could help first-time homebuyers
At the National Association of Realtors’ Forecast Summit, economists said the market poses affordability hurdles for first-time buyers — even with mortgage rates at a record low
by Patrick Kearns Dec 11
NAR on historic apology: It wasn't just 'bad agents' who discriminated
Bryan Greene, NAR's vice president of advocacy policy: 'We feel we owe a debt and that the future prosperity of our industry and the economy depend on us doing this work'
by Andrea V. Brambila Dec 11
Homebuyers are becoming more diverse — and facing 'headwinds'
A demographics panel at NAR's Real Estate Forecast Summit talked about the declining share of first-time homebuyers, the 'baby bust,' and the rise in multigenerational living
by Andrea V. Brambila Dec 11
Former Obama adviser: Expect Biden to prioritize housing
Jim Parrott, a nonresident fellow at the Urban Institute, said housing is 'not an abstraction' for the president-elect at National Association of Realtors' Real Estate Forecast Summit
by Andrea V. Brambila Dec 11
Economists predict GDP growth, mortgage rate increases in 2021
More stimulus is needed to prevent the economy from hitting another 'soft-spot,' according to economists who spoke at annual summit hosted by the National Association of Realtors
by Patrick Kearns Dec 10
Can misgendering someone violate the NAR Code of Ethics? It depends
National Association of Realtors members discussed whether supporting certain political candidates, using the wrong pronouns or opposing same-sex marriage could be hate speech
Does NAR's fair housing simulation work?
Opinion
NAR's mythical town of Fairhaven is meant to shed a realistic light on discrimination in the industry. But how does it stack up against standard fair housing classes? Here's one broker's experience
by Teresa Boardman Dec 3
NAR fills out advocacy team, touts it as 'the envy of Washington'
Bryan Greene, Helen Devlin and Joe Harris are moving up the ranks of the 1.4 million-member trade group's lobbying operation
Discount brokerage REX takes aim at 'real estate cartel'
The brokerage is suing Oregon officials, including Gov. Kate Brown, for 'antitrust' practices, alleging a law that bans brokerages from providing rebates harms consumers
by Patrick Kearns Dec 2
With CoStar in the game, a new real estate chessboard emerges
People who have done deals with CoStar, or had a catbird seat in CEO Andy Florance's business dealings, say he's cunning, ruthless and plays to win. Sounds like Zillow, right?
by Brad Inman Nov 30
October contract signings surge way beyond last year's levels: NAR
The Pending Home Sales Index, an indicator of future sales based on contract signings, rose 20.2% from October 2019, according to the National Association of Realtors
by Patrick Kearns Nov 30
How to handle buyer's agent commissions when a seller won't pay
Though still relatively rare today, some agents foresee a future in which buyers are more directly responsible for their agents' commissions. That could pose a challenge for buyers — though some agents have already figured out solutions
by Jim Dalrymple II Nov 30
The Real Word: Verify your sources always
Opinion
This week, Byron Lazine and Nicole White discuss why agents need to verify their sources, how to update a home and holiday emails
by Byron Lazine Nov 27
How buyer love letters can land agents in ethics trouble
Missives that disclose race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity are risky for buyer's agents and listing agents
by Andrea V. Brambila Nov 24
22 common agent practices that violate the Realtor Code of Ethics
Broker and ethics hearing officer Barbara Betts detailed the ways agents misrepresent themselves and the transaction, sometimes inadvertently
by Andrea V. Brambila Nov 24