NAR Does Not Tolerate Hate – Approved by NAR Board of Directors on November 13, 2020 NAR’s Board of Directors today strengthened REALTORS®’ commitment to upholding fair housing ideals, approving a series of recommendations from NAR’s Professional Standards Committee that extend the application of Article 10 of the Code of Ethics to discriminatory speech and conduct outside of […]
From Biden’s campaign, here’s how we can expect his administration to respond to today’s most crucial housing issues BY LILLIAN DICKERSON | Staff Writer After days of suspenseful vote-counting, Joe Biden has been declared the 46th President of the United States. Biden and his vice presidential pick, Kamala Harris, have a lot on their plate, to say the least — […]
Stock market chaos ensued on Monday, with the Dow Jones Industrial Average plunging more than 700 points as trade disputes with China intensified. The turmoil in the markets will likely lead to new lows for mortgage rates this week, but it could come at a cost and eventually lead to an economic recession if tensions continue, […]
In 2017, scammers intercepted $1B in transactions BY JIM DALRYMPLE The downpayment on a house is the largest single sum of money many people spend in their lifetimes, and now the feds have a stark warning for would-be homebuyers: Watch yourself, or lose it all to scammers. The warning from the Consumer Protection Bureau (CPB), issued in a […]
The advocacy group hopes things like the 30-year mortgage and affordable credit stick around for the foreseeable future BYJIM DALRYMPLE II The largest real estate trade and lobbying group in the U.S., the National Association of Realtors (NAR), believes Fannie Mae and Freddie Mac need reforms. But NAR also said on Friday that any changes should […]
Realtors and loan originators offer advice on navigating the shutdown BYPATRICK KEARNS A partial shutdown of the U.S. government has entered its sixth day as both Democrats, Republicans and President Donald Trump dig in their heels over partial funding for a wall or partition structure along a small portion of the U.S. southern border and […]
The damage has been done — now it’s time to make the rebuilding process as painless as possible (By BERNICE ROSS) Whether it’s a hurricane like Florence, a tropical storm like Lane or a flood, tornado, earthquake or fire, it can take years to resolve a major insurance claim and restore your property. In 1994, I […]
The country still hasn’t recovered from the shock of the 2008 financial crisis BY PATRICK KEARNS Single-family home construction in the U.S. has never really recovered from the 2008 market crash. In fact, ever since that year, permits for new single-family homes have been issued at significantly lower rates, causing the U.S. to miss out on an estimated 6.3 […]
The incremental hike marks the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in 2018 BY JOTHAM SEDERSTRO Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen on Thursday announced a modest benchmark interest rate hike […]
Slower home price growth, continued inventory issues and evolving design trends are ahead BYMARIAN MCPHERSON If only we could stare into a crystal ball to see exactly what 2018 holds for the housing market. More inventory? Yes! Slower home price growth? Absolutely! Oprah giving everyone a free house? That would be a dream come true. […]
