news aggregator
NAR Chief Economist Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025 existing-home sales will increase to 5.05 million (up 13.2% from 2024)—with further gains in eight of the next 10…
The post NAR Chief Economist Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024 appeared first on RISMedia.
NYC rents grew 7 times faster than wages last year
$60M non-waterfront Palm Beach estate one of the priciest ever sold
Nearly 100,000 U.S. Properties Faced Foreclosure Filings in Q1 2024 - Norada Real Estate Investments
AREAA, Fair Housing Advocates File Lawsuit Alleging Discrimination
The National Fair Housing Alliance (NFHA), Asian Real Estate Association of America (AREAA), Housing Opportunities Project for Excellence, Inc. and the Fair Housing Center of the Greater Palm Beaches, have filed a fair housing discrimination suit in Miami federal court, together challenging Florida’s state law SB 264. Each organization is claiming the bill violates the…
The post AREAA, Fair Housing Advocates File Lawsuit Alleging Discrimination appeared first on RISMedia.
Florida is king for short-term rental investors: Study
NAR Panel: Financing Buyer Commission Could Be Expensive and Dangerous
Bringing together ostensible outsiders with deep experience in the realm of housing policy and finance, the National Association of REALTORS® (NAR) billed the panel—taking place during the organization’s midyear legislative meetings in Washington D.C. yesterday—as an overview of “practical and policy solutions in a post-settlement environment.” Really, however, the focus was on one policy—financing buyer…
The post NAR Panel: Financing Buyer Commission Could Be Expensive and Dangerous appeared first on RISMedia.
Offerpad Q1 Earnings: Revenue Way Down, Though Improvements Cited
In a Q1 earnings call May 6, technology real estate company Offerpad Chairman and CEO Brian Bair put as positive a spin as he could on numbers that continue to exist in the negative, preferring to accentuate a growth pattern through smaller losses this year over last. The iBuyer’s revenue was sharply down in the…
The post Offerpad Q1 Earnings: Revenue Way Down, Though Improvements Cited appeared first on RISMedia.
Brokers See Inventory, Demand Surge as Sentiment Defies Looming NAR Changes
RISMedia’s latest Broker Confidence Index (BCI) is offering a potentially very positive preview of 2024’s spring and summer market, with a bigger than usual jump in broker sentiment at the beginning of the traditional busy season for real estate, which could foreshadow resurgent sales. Jumping a full point from seven to eight in April, brokers…
The post Brokers See Inventory, Demand Surge as Sentiment Defies Looming NAR Changes appeared first on RISMedia.
Housing Trade Groups Applaud Launch of Bipartisan Congressional Real Estate Caucus
The National Association of REALTORS®, the National Association of Home Builders, the Mortgage Bankers Association, the American Land Title Association, National Apartment Association, U.S. Mortgage Insurers, National Multifamily Housing Council, Asian Real Estate Association of America, American Property Owners Alliance, Leading Builders of America and Nareit express thanks to Reps. Mark Alford (R-Mo.), J. Luis…
The post Housing Trade Groups Applaud Launch of Bipartisan Congressional Real Estate Caucus appeared first on RISMedia.