Association News

Real estate associations support brokers in a number of ways, many of which take place behind the scenes. What’s happening at your local association? How are they serving their members? This monthly feature, penned by association leaders, offers the inside scoop on how associations small and large are helping to improve the industry.

Palm Beach luxury market hot commodity for foreign buyers

With global vaccinations rising and unstable political situations around the world, the luxury real estate market in South Florida — particularly Palm Beach County — is seeing an increase in foreign homebuyers.

Miami-Dade County posts best November sales month in history

Miami-Dade County saw its best November sales month in history as existing condo sales surged double digits for the 14th consecutive month. 

MIAMI: Fed’s decision to raise mortgage rates should ease housing price growth

The Federal Reserve’s plan to raise rates and end its bond-buying program will accelerate demand for housing in the short-term, eventually putting downward pressure on median home prices, according to a press release from the MIAMI Association of REALTORS® (MIAMI). 

A 2022 real estate forecast

“Expect strong housing demand to continue and prices to increase, although both will likely moderate over the next 12 months,” writes incoming NAR President Leslie Rouda Smith.

South Florida Agent’s top 5 Association News items from 2021

In 2021, our guest contributors shed light on critical topics, including real estate commissions, barriers to homeownership and what’s ahead for 2022.

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.

NAR donated nearly 3,500 meals to Americans in last six months

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

Record-breaking home sales year boosting South Florida economy: Miami dollar volume totals $7.4 billion in 3Q 2021

“South Florida real estate sales were surging before the pandemic, but the pandemic accelerated the demand for local housing and made 2021 a historic year.” — Jennifer Wollmann, President of the Miami Association of REALTORS®

NAR Travel Club to provide travel discounts to members

The National Association of Realtors (NAR) has partnered with Panorama Travel Solutions to offer exclusive travel deals and discounts through the NAR Travel Club.

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

Median prices, cash sales continue to rise as 2021 nears end

Florida’s housing market continues to report rising median prices, more cash sales and tight inventory, according to the latest housing data from Florida Realtors. 

NAR must remain at the forefront of growth and innovation

This was the year that we proceeded slowly and cautiously to get our lives back to normal. When fans returned to stadiums, students returned to classrooms and tourists returned to flights, landmarks and hotel rooms.

How real estate commissions work

There’s a saying, “Money makes the world go ‘round.” If that’s true, it’s certainly understandable that a common question from homebuyers and sellers is: “How do real estate agents get paid?”

Florida Cash Sales July 2021
Fla.’s housing market: Median price, new listings rise in July 2021

In July, Florida’s housing market reported higher median prices, more new listings and a rise in all-cash sales compared to a year ago.

Florida’s housing market 2Q 2021
Florida’s housing market: Sales, median prices, new listings rise in the second quarter

Florida’s housing market continued to show strong gains in the second quarter, with solid annual gains in closed sales, rising median prices and new listings, according to the latest housing data from Florida Realtors.

Obstacles and opportunities to growing hispanic homeownership

Despite the inventory and credit challenges, Latinos are driving homeownership growth. The Urban Institute projects that this trend is only going to continue, with Latinos expected to make up 70% of homeownership growth between now and 2040.

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