New federal legislation aims to help buyers save for down payments
Similar to a 529 Plan, the American Dream Down Payment Act would help homebuyers save 20% for a down payment in a state-managed savings account
by Marian McPherson Aug 27
QM rule
The fee will no longer apply to refinance loans with balances below $125,000 or to the government-sponsored enterprises' affordable refinance products
by Andrea V. Brambila Aug 27
7 tips for protecting your commission when staging
Staging adds value to the sale — but it should not break your bank. As an agent, use these seven tips to protect your income when incorporating home staging into your listing process
by Jennie Norris Aug 27
Existing home sales skyrocket amid pandemic, inventory down
July also marked the first time ever that the median home price across the entire U.S. rose above $300,000, according to NAR's data
by Jim Dalrymple II Aug 21
NAR, MLSs strike back against antitrust suit over pocket listing policy
The trade groups allege that it is Pocket Listing Services' business model that is anticompetitive and harms homebuyers and sellers
by Andrea V. Brambila Aug 19
NAR promotes Andréa Moore to VP of diversity, inclusion
The human resources exec will be responsible for the 1.4 million-member association's internal diversity and inclusion strategies
by Patrick Kearns Aug 12
The demise of cities? Not so fast: Metro home prices skyrocket in Q2
Despite forecasts of people fleeing cities en masse, home prices grew in 96% of metros in the second quarter, according to the National Association of Realtors
by Patrick Kearns Aug 12
ReferralExchange joins NAR Realtor Benefits Program
The new partnership will give NAR members access to ReferralExchanges' concierge-based lead vetting service
by Jim Dalrymple II Aug 4
Residential investments dropped nearly 40% in Q2
Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise, according to new data released Thursday
by Patrick Kearns Jul 30
Agent wages are rising, but not everywhere or for everyone
New data shows that as of May 2019 the average U.S. agent salary was $62,060. But wages are moving in different directions in different states
by Jim Dalrymple II Jul 29
Pending home sales signal strong market for July and August
The National Association of Realtors' Pending Home Sales Index increased 6.3% year over year in June, according to data released Wednesday
by Patrick Kearns Jul 29
Pandemic isn't slowing new agent real estate license applications
Inman collected the latest licensing data from states across the US and found that, despite dire early predictions, there hasn't been an exodus out of the industry. In fact, after a dip early in the pandemic, some states are seeing an increase in new applications
by Jim Dalrymple II Jul 27
NY congressman announces first-time buyer coronavirus relief plan
Rep. Sean Mahoney's (NY-18) First Time Homebuyer Pandemic Savings Act would allow buyers to use retirement savings to fund their down payment penalty-free
by Marian McPherson Jul 22
Median existing-home prices rise for 100th-consecutive month
Meanwhile, existing-home sales in June rebounded 20.7% month over month, according to market report released Wednesday by the National Association of Realtors
by Marian McPherson Jul 22