Associations

Pandemic boosted desire for homeownership
Pandemic boosted desire for homeownership

Eighty percent of millennials and 73% of all respondents to a recent eXp survey believe owning a home is more important now due to COVID-19.

NAR sues DOJ after the department withdraws from antitrust settlement
NAR sues DOJ after the department withdraws from antitrust settlement

The Justice Department’s original complaint against the National Association of Realtors, filed Nov. 19, 2020, alleges that the association enforced rules and policies that illegally hampered competition in residential real estate services.

Financial relief available for Florida landlords, renters impacted by COVID-19
Financial relief available for Florida landlords, renters impacted by COVID-19

The program requires proof of identity and financial information. Landlords are advised to work with tenants to secure the required information.

Share of international homebuyers fell last year
Share of international homebuyers fell last year

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

COVID and a booming housing market have fueled a record number of Realtors
COVID and a booming housing market have fueled a record number of Realtors

The COVID pandemic has caused a shakeup in where, and how, many people work. That has helped propel a thriving housing market.

Florida Realtors: It’s a great time to be a real estate agent
Florida Realtors: It’s a great time to be a real estate agent

It’s a seller’s market with single-family home sales, statewide in April, closing 33,264 homes and condo-townhouse sales totaling 17,330. Those year-over-year increases were 55.4% for single-family homes and 130.9% for condos.

NAR: Existing-home sales slide 2.7% in April on short supply
NAR: Existing-home sales slide 2.7% in April on short supply

Existing-home sales slid for the third month in a row in April, declining 2.7% from March to a seasonally adjusted annual rate of 5.85 million, according to the National Association of Realtors.

Regulations add almost $94K to new home prices
Regulations add almost $94K to new home prices

A recent NAHB survey shows that regulatory costs imposed by the government account for $93,870 (or 23.8%) of the current price of new homes.

NAHB: Builder confidence stays strong in May despite concerns about materials costs
NAHB: Builder confidence stays strong in May despite concerns about materials costs

Builder confidence was steady in May, carrying over April’s reading of 83 for another month, according to the most recent National Association of Home Builders/Wells Fargo Housing Market Index.

Gen X and millennials want home gyms. Boomers? Not so much.
Gen X and millennials want home gyms. Boomers? Not so much.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

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