Real Estate

NAR: Gen Xers Most Likely to Be Denied Mortgage

NAR Daily News Magazine - March 9, 2020 - 1:00am

Low credit scores and high debt-to-income ratios are the chief causes—perhaps lingering problems from the Great Recession.

Categories: Real Estate

Buyers Expected to Face Fierce Spring Bidding Wars

NAR Daily News Magazine - March 9, 2020 - 1:00am

With severely limited inventory and the lowest mortgage rates in history, house hunters should expect steep competition this spring.

Categories: Real Estate

Ultra-Rich Potential Real Estate Investors Are Growing

NAR Daily News Magazine - March 9, 2020 - 1:00am

About 31,000 more ultra-rich people emerged globally in 2019, which is an annual growth rate of 6%, according to a new report.

Categories: Real Estate

Bricks-and-Mortar’s Secret Weapon: Experiential Retail

NAR Daily News Magazine - March 9, 2020 - 1:00am

More physical retailers are incorporating services that online shops can’t provide, hoping to entice shoppers.

Categories: Real Estate

Lenders Keeping Mortgage Rates From Going Lower?

NAR Daily News Magazine - March 9, 2020 - 1:00am

Banks worry about keeping pace with surging demand after mortgage rates hit an all-time low.

Categories: Real Estate

House Hunters Are Flocking to Smaller, Affordable Cities

NAR Daily News Magazine - March 9, 2020 - 1:00am

The relatively mild winter this year may have encouraged more buyers to start their house hunts earlier, realtor.com® says.

Categories: Real Estate

Buyer Competition Expected to Be Steep This Spring

NAR Daily News Magazine - March 6, 2020 - 2:00am

Inventory decreases in February are setting up a challenging spring for home buyers. See where the sharpest declines in the country occurred.

Categories: Real Estate

Younger, Older Buyers Show Similar Home Preferences

NAR Daily News Magazine - March 6, 2020 - 2:00am

The same motivating factors also influence millennials and members of the silent generation—those 74 to 94 years old—to make a move, NAR report shows.

Categories: Real Estate

Workplace Policies Aim to Prevent Coronavirus Spread

NAR Daily News Magazine - March 6, 2020 - 2:00am

Businesses are taking guidance from the Centers for Disease Control and Prevention to keep commercial buildings sanitary.

Categories: Real Estate

Mortgage Rates Hit All-Time Low

NAR Daily News Magazine - March 6, 2020 - 2:00am

The 30-year fixed-rate mortgage this week fell to its lowest average on record since Freddie Mac began tracking such data in 1971.

Categories: Real Estate

Coronavirus Update: Non-Essential NAR Travel Suspended

NAR Daily News Magazine - March 5, 2020 - 2:00am

Several upcoming events will likely leverage technology to replace in-person meetings on behalf of the association.

Categories: Real Estate

Videos Perform Best on Social Media

NAR Daily News Magazine - March 5, 2020 - 2:00am

If you want to get more attention on social, become a real estate video star.

Categories: Real Estate

Brokerage Touts Virtual Tours Amid Coronavirus Concerns

NAR Daily News Magazine - March 5, 2020 - 2:00am

Some markets have seen significant declines in home tours due to consumer fears of exposure.

Categories: Real Estate

House Flipping Rises Even as Profits Fall

NAR Daily News Magazine - March 5, 2020 - 2:00am

The cost of buying properties has been rising faster than resale gains in recent months, but that hasn’t curbed investors’ appetite to flip homes.

Categories: Real Estate

Mortgage Applications Climb Sharply as Rates Drop

NAR Daily News Magazine - March 5, 2020 - 2:00am

The 10-year Treasury note—which mortgage rates are tied to—dropped below 1% for the first time on record.

Categories: Real Estate

Deadly Tornadoes in Tennessee Leave Real Estate Community in Shock

NAR Daily News Magazine - March 4, 2020 - 2:00am

“It’s like nothing I’ve seen,” says a spokesman with the Greater Nashville REALTORS® of an F3 tornado that ripped through Tennessee on Tuesday. Real estate pros are stepping up to help.

Categories: Real Estate

Announcing the 2020 30 Under 30 Finalists

NAR Daily News Magazine - March 4, 2020 - 2:00am

Web Choice voting opens Friday, March 13, at noon Central time. Find out who’s vying for a spot in the 20th anniversary class of 30 Under 30.

Categories: Real Estate

Deadly Tornadoes in Nashville Leave Real Estate Community in Shock

NAR Daily News Magazine - March 4, 2020 - 2:00am

“It’s like nothing I’ve seen,” says a spokesman with the Greater Nashville REALTORS® of an F3 tornado that ripped through Tennessee on Tuesday. Real estate pros are stepping up to help.

Categories: Real Estate

New Apartment Supply Expected to Reach 30-Year High This Year

NAR Daily News Magazine - March 4, 2020 - 2:00am

Larger markets are expected to see a surge in new units, but many smaller markets are likely to follow.

Categories: Real Estate

Retail Takes Hit Amid Coronavirus Fears From Nervous Shoppers

NAR Daily News Magazine - March 4, 2020 - 2:00am

Americans are getting scared to go to the store as the U.S. faces the potential of a viral outbreak.

Categories: Real Estate
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