Association explores technology’s role in real estate’s ‘new normal’

Several technology experts from the National Association of Realtors gathered during the 2020 REALTORS Conference & Expo to learn more about the real estate industry's growing reliance on technology and how the integration of artificial intelligence, augmented and virtual reality, digital transaction management, and 5G innovations will impact the buying [...]

By |2020-11-28T14:07:35-08:00November 26th, 2020|Real Estate|Comments Off on Association explores technology’s role in real estate’s ‘new normal’

Redfin home offers faced bidding wars in September amid COVID

The housing market continues to be fierce even with a pandemic reports Redfin as it saw 56.3% of Redfin offers on homes face competition nationwide in September, down from a revised rate of 59.1% in August, according to a new report. While that's the first decline in at least five [...]

By |2020-10-20T14:06:22-08:00October 22nd, 2020|Real Estate|Comments Off on Redfin home offers faced bidding wars in September amid COVID

Remote work could open homeownership to nearly 2M renter households

The rise of remote work has the potential to unlock the American Dream of homeownership for nearly 2 million renter households. A new Zillow analysis finds that's how many renter households could likely telecommute and afford monthly payments on the typical U.S. starter home, but couldn't afford a starter home in [...]

By |2020-09-09T14:41:26-08:00September 10th, 2020|Real Estate|Comments Off on Remote work could open homeownership to nearly 2M renter households

Survey: millennials likely to depart big cities over next year

Goodbye city life, hello to smaller towns? The company Quicken recently shared results from a recent survey of more than 1,000 millennials renting apartments in urban areas and where they plan to move. While 93% of millennials have stayed in their city of residence since the start of the pandemic, more [...]

By |2020-08-12T15:28:04-08:00August 13th, 2020|Real Estate|Comments Off on Survey: millennials likely to depart big cities over next year

Realtor benefits program partnership with ReferralExchange

Good news for those folks in the real estate industry or thinking of entering the popular career choice. The National Association of Realtors is now in a new partnership with lead verification and qualification firm ReferralExchange. NAR secured exclusive savings for its 1.4 million members with the San Francisco-based company, [...]

By |2020-08-05T10:30:06-08:00August 6th, 2020|Real Estate|Comments Off on Realtor benefits program partnership with ReferralExchange

Home sales exceed pre-pandemic levels for first time

Has the real estate market turned around during this unprecedented time? Apparently, yes. Home sales surpassed pre-pandemic levels for the first time the week ending July 5, up 2% on a seasonally adjusted basis compared to January and February levels, according to a new report from Redfin, a technology-powered real estate brokerage. The [...]

By |2020-07-15T16:06:41-08:00July 16th, 2020|Real Estate|Comments Off on Home sales exceed pre-pandemic levels for first time

NAR’s Volunteering Works program 2020 mentoring and grant recipients

The National Association of Realtors and the Good Neighbor Society honored the recipients of the 12th annual Volunteering Works grants and the mentoring program recently. The program matches Realtors who work on newer, small-scale charitable initiatives with mentors and provides funding support to individual volunteer efforts. The five Volunteering Works [...]

By |2020-07-08T11:49:31-08:00July 9th, 2020|Real Estate|Comments Off on NAR’s Volunteering Works program 2020 mentoring and grant recipients

NAR, U.S. Chamber of Commerce partner to advance economic inclusion

The National Association of Realtors has joined the U.S. Chamber of Commerce’s Equality of Opportunity initiative, as part of a broad national effort to examine economic inequality in America. The program has earned the support of more than 400 organizations from across the country, with business and policy leaders assembling [...]

By |2020-06-17T14:54:11-08:00June 18th, 2020|Real Estate|Comments Off on NAR, U.S. Chamber of Commerce partner to advance economic inclusion

Pending home sales slump 21.8% in April during COVID-19

Brought on by the coronavirus pandemic, pending home sales decreased in April, making two straight months of declines, according to the National Association of Realtors. Every major region experienced a drop in month-over-month contract activity and a decline in year-over-year pending home sales transactions. The Pending Home Sales Index (PHSI),* [...]

By |2020-06-02T15:08:38-08:00June 4th, 2020|Real Estate|Comments Off on Pending home sales slump 21.8% in April during COVID-19
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