Report: Foreclosures Nearing Record Low Amidst Challenging Housing Market

July, 19 2024

While the rate at which home prices are continuing to grow is slowing down in markets across the country, they’re still registering at record-high levels in many areas throughout the U.S.  The last time home prices faced such pressing affordability numbers was right before the Great Recession, from 2007 to 2009, which brought an extreme…

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North Carolina Regional MLS Expands Into Georgia

July, 19 2024

North Carolina Regional MLS (NCRMLS) has announced its expansion into Georgia with the strategic additions of Savannah MLS, Athens Area Association of REALTORS® & CLASSIC MLS and the REALTORS® of Greater Augusta.  This strategic move marks a significant milestone for the real estate industry in the Southeast, solidifying NCRMLS’s position as one of the region’s…

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Industry Veteran Tripti Kasal Joins LeadingRE Leadership Team

July, 19 2024

Chicago-based Leading Real Estate Companies of the World® (LeadingRE) has announced that Tripti Kasal has joined its leadership team as senior vice president, member engagement. In this newly created role, Kasal will head LeadingRE’s U.S. membership services team, focusing on increasing member engagement across all programs for the global network of 550 quality real estate…

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How to Revise Your Buyer Agency Game Plan

July, 19 2024

As the commission lawsuits play out in court, the time to start revamping your firm’s approach to buyer agency is yesterday. From buyer contracts and presentations to educational and marketing materials, real estate leaders will be sharing hands-on strategies for preparing your buyer agents to do business safely and successfully in an upcoming panel at…

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Preparing a Home for Sale During a Divorce: A Step-by-Step Guide

July, 18 2024

Divorce is a challenging time and selling a home adds complexity. My guide offers a step-by-step approach to preparing your house for sale during a divorce, addressing legal, financial and emotional considerations. I have put considerable effort into educating you on the following topics: How to navigate the legal considerations of selling a home during…

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4 Underserved Niches That Can Make Excellent Leads

July, 18 2024

As a real estate agent, you know the potential of pre foreclosure leads, divorcees, failed listings, etc.  But what if there are untapped niches with less competition and the same worthwhile returns? In a crowded market, discovering under-served niches can set you apart and help boost your odds of resonating with your prospects.  Let’s explore…

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REW Unveils the ‘Summer of Innovation’ With Massive CRM Release

July, 18 2024

Real Estate Webmasters has announced the launch of their latest CRM. The company stated that this new release propels them to the forefront of the integrated website, lead generation and CRM market, firmly establishing them as the number one choice for real estate professionals. “When Zillow acquired Follow Up Boss, I knew it was time…

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Mortgage Rates Continue to Fall as Other Economic Factors Cool

July, 18 2024

The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of 6.77% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.77% as of July 18, 2024, down from last week when…

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Final Rule on Quality Control Standards for Automated Valuation Models

July, 19 2024

The federal banking regulators and Consumer Financial Protection Bureau (CFPB) released their final rule on quality control standards for automated valuation models (AVMs). The final rule reflects some of NAR’s recommendations. Learn more.

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President Biden Announces Rent Cap Proposal

July, 16 2024

The President’s proposal would create a temporary (2-year) change to the Internal Revenue Code (IRC) to incentivize capping rent increases at or below 5% annually. Learn more.

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NAR Comments on the Federal Home Loan Bank Core Mission Activities and Mission Achievement

July, 12 2024

NAR submitted comments to the Federal Housing Finance Agency (FHFA) in response to its request for input on Federal Home Loan Bank Core Mission Activities and Mission Achievement.

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FHFA Announces New Tenant Protections

July, 12 2024

The Federal Housing Finance Agency (FHFA) announced new resident-centered practice requirements for multifamily properties financed by Fannie Mae or Freddie Mac (the GSEs). Learn more.

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FHA Changes 203(k) Rehabilitation Mortgage Insurance Program

July, 11 2024

Learn more about the changes announced by the Federal Housing Administration (FHA) to their 203(k) Rehabilitation Mortgage Insurance Program.

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NAR Thanks Senator Tim Kaine for Reintroducing “The Fair and Equal Housing Act of 2024"

July, 8 2024

The Fair and Equal Housing Act of 2024 will provide clear and consistent non-discrimination protections for LGBTQ+ people in housing by adding “sexual orientation” and “gender identity” as protected characteristics under the Fair Housing Act. 

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Biden-Harris Administration and HUD Awarding $85 Million in Grant Funding for PRO Program

June, 27 2024

The Pathways to Removing Obstacles to Housing (PRO) program seeks to remove barriers to affordable housing production and ultimately lower housing costs by addressing the main culprit of housing affordability: the limited housing supply.

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Treasury Department Announces New Proposals to Aid Housing Affordability and Availability

June, 25 2024

The new policies mirror many of NAR’s top priorities, including steps to help lower housing costs and increase housing supply. Check out the proposals announced by the U.S. Department of the Treasury.

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