Real Estate Recovery: Economic Factors to Watch
The real estate industry is unlike any other, exemplified through the market’s resilience during this pandemic while the overall economy was hit hard. However, much of real estate hinges on overall recovery, and there are several economic factors you’ll want to keep an eye on: The Delta Variant Concerns over COVID-19 variants, particularly the highly […]
Real Estate Investors Bumping Buyers in 31 Top Markets
Are real estate investors creating excessive competition amid the inventory shortage? According to a new report from realtor.com®, some markets are being hit hard by investor activities, while others are benefitting. According to the data, investors are worsening the inventory shortage in 31 of the top 50 U.S. markets. In about 19 markets, however—including Atlanta, […]
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FHFA Applies ’30-Day Notice’ for Renters at Risk of Evictions
Landlords looking to evict tenants who are behind on their rent will need to give them a month to move out if their property is backed by Freddie Mac or Fannie Mae mortgages, according to new rules implemented by the Federal Housing Finance Agency (FHFA) on July 28. The breakdown: – The Centers for Disease […]
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Credit Applications Nearly Reach Pre-Pandemic Levels
Consumer applications for auto loans, new mortgages and revolving credit cards had mostly returned to pre-pandemic levels by May 2021, according to the Consumer Financial Protection Bureau (CFPB). The CFPB says prime and near-prime consumers are driving this recovery. Key findings: – New mortgage credit inquiries experienced a smaller drop in March 2020 compared to […]
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How Agent Support Can Boost Your Productivity and Profitability
Through Strong Values and Agent Support, Brokers Can Increase Their Retention Rates Christian Barnes President and CEO Better Homes and Gardens Real Estate Kansas City Homes Overland Parks, Kansas www.kansascityhomes.com Region served: Greater Kansas City Metro Years in real estate: 14 Number of offices: 8 Number of agents: 450 Best advice for new agents: Align […]
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Fortify Hope for the Future With the REALTORS® Relief Foundation
Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. The REALTORS® Relief Foundation provides housing assistance to victims of disasters. Recently launched, […]
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NAR Announces 2021 Volunteering Works Mentoring Recipients
The National Association of REALTORS® (NAR) and the Good Neighbor Society have announced the recipients of the 13th annual Volunteering Works grants and mentoring program. The program awards funding to REALTORS® who work on small-scale charitable efforts while matching them with mentors in their field. The five Volunteering Works recipients will receive a $1,000 seed grant and a year […]
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Corcoran Expands Into St Barth
Corcoran Group, LLC announced the continuation of its global expansion by welcoming its second Caribbean affiliate, Corcoran St Barth, located in the French West Indies. This marks the 13th firm to join Corcoran’s affiliate network since it began 18 months ago. “There is an indisputable beauty and vibrant energy to St Barth, and I’m thrilled that we are continuing […]
AREAA to Showcase Diversity in New Video Series
The Asian Real Estate Association of America (AREAA) recently launched its “More Than One” video series to showcase diversity and the impact of homeownership on various groups within the AAPI community. AREAA will release six videos through August, all hosted by AREAA President Amy Kong and focused on how cultural norms of those from Hong […]
NAA Suing U.S. for Monetary Damages, Alleging Unlawful Eviction Moratorium
The National Apartment Association, a landlord lobbyist group, recently filed a lawsuit in the U.S. Court of Federal Claims, seeking to recover damages from what the organization alleges are “severe economic losses under the U.S. Centers for Disease Control and Prevention’s (CDC) overreaching federal eviction moratorium.” According to the group, the CDC’s extended moratorium order […]
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