National News
Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.
Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.
More than half of those working remotely said they would leave the city if they didn’t have to go into an office.
Speaking at NAR’s recent Residential Economic Issues and Trends forum, NAR’s Lawrence Yun said economic recovery is around the corner.
Though NAR has urged the Consumer Financial Protection Bureau to extend the rule, the agency’s director would only agree to take into account disruptions related to the COVID-19 pandemic in managing the transition.
California-based broker platform Top Agent Network has sued NAR over the pocket listing rule that went into effect this month.
In a virtual version of NAR’s annual political forum, the former mayor and former governor dished on the upcoming election and the political ramifications of the local and national responses to the COVID-19 crisis.
The unemployment rate officially hit a level not seen since the Great Depression, but one industry CEO sees reason for optimism.
The National Association of Realtors’ weekly flash survey numbers are in and appear to support anecdotal data showing buyer preference changing in response to the COVID-19 crisis. The survey, conducted from May 3-4, shows that 13% of NAR members
Fannie Mae’s latest survey finds that, while many more Americans say it’s a bad time to jump into the housing market, they’re more worried about the overall economy than they are about the security of real estate investments overall.
A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see approach.
CoreLogic’s March Home Price Index report reveals initial effects of the economic fallout from the COVID-19 pandemic while forecasting slight price growth.
Real estate listings are down across the country, but luxury listings are disappearing.
Fewer buyers were delaying their home search by the end of April, according to NAR surveys.
The numbers are starting to pour in, and they’re certainly not pretty, but a hopeful public looks ahead to brighter days.
A new report by First American Financial Corporation shows housing “may be better positioned than many believe” for recovery.
