NAR Daily News Magazine

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Each weekday, REALTOR ® Magazine applies a real estate lens to top headlines from major news sources and trend reports, alongside timely updates from NAR.
Updated: 15 weeks 6 days ago

Happy Halloween? Mortgage Rates Average 6.66%

October 6, 2022 - 12:00am

Home buyers have lost about $107,000 in buying power since the beginning of the year—and that’s what’s truly scary.

Categories: Real Estate

NAR’s 2022 Good Neighbors: A Passion for Giving That Outlasted a Pandemic

October 6, 2022 - 12:00am

Meet the five REALTORS® who were named this year’s winners, and learn how they went above and beyond for their communities in a dark time.

Categories: Real Estate

New Wire Fraud Scheme Exploits Virtual Meetings

October 5, 2022 - 12:00am

Hackers can infiltrate online meeting platforms, posing as a legitimate party to a real estate transaction, and give your clients fraudulent wire instructions. Learn how to spot them.

Categories: Real Estate

Renovation Startup Revive Wins iOi Pitch Battle

September 30, 2022 - 12:00am

The company, which enables home sellers to update their property with no upfront costs, was crowned at NAR’s annual technology conference.

Categories: Real Estate

Mortgage Rates Inch Closer to 7%

September 29, 2022 - 12:00am

Buyers would be smart to shop around: The large dispersion in rate offerings among lenders could amount to several hundreds of dollars, Freddie Mac says.

Categories: Real Estate

FHA Moves to Include On-Time Rental Payments for First-Time Buyers

September 28, 2022 - 12:00am

“If you’re regularly paying your rent on time, that’s a good indication you will also pay your mortgage on time,” says the Federal Housing commissioner.

Categories: Real Estate

NAR: ‘Decade-High Rates Deeply Cut Into Contract Signings’

September 28, 2022 - 12:00am

Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates.

Categories: Real Estate

Mortgage Rates Jump Even Higher After Fed Hike

September 22, 2022 - 12:00am

The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.

Categories: Real Estate

NAR Helps White House Brainstorm Inventory Solutions

September 22, 2022 - 12:00am

Leslie Rouda Smith, the association’s president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.

Categories: Real Estate

Existing-Home Sales Slip Again, Yun Blames Mortgage Rates

September 21, 2022 - 12:00am

Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR’s chief economist.

Categories: Real Estate

Housing Starts Rebound, Builders Aim to Win Buyers Back

September 21, 2022 - 12:00am

Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.

Categories: Real Estate

NAR Mentorship Program Helps Agents Discover New Niches

September 16, 2022 - 12:00am

NAR Spire pairs real estate pros in underserved areas with experienced practitioners to help them find new business opportunities.

Categories: Real Estate

Mortgage Rates Top 6% for First Time Since 2008

September 16, 2022 - 12:00am

Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.

Categories: Real Estate

REALTORS® Are Donating More Money, Time to Charity

September 15, 2022 - 12:00am

Real estate professionals are deepening their involvement in giving back to the communities, according to a new NAR report.

Categories: Real Estate

12 Tech Startups Vying for Glory in the Real Estate Space

September 14, 2022 - 12:00am

At NAR’s iOi Summit this month, the annual Pitch Battle will aim to identify the next great innovation to help your business flourish.

Categories: Real Estate

Experts: Buyers Should Shop Around for a Mortgage as Rates Rise

September 8, 2022 - 12:00am

Borrowers stand to save thousands by gathering multiple quotes from lenders.

Categories: Real Estate

Background, Credit Checks Are Fertile Ground for Lawsuits

September 7, 2022 - 12:00am

Property managers and other real estate professionals must follow these steps to stay in compliance with federal and state consumer data regulations.

Categories: Real Estate

Mortgage Rates Rise Again, Nearing Affordability Threshold

September 1, 2022 - 12:00am

If borrowing costs get just a little higher, the average household may be blocked from homeownership, warns an NAR economist.

Categories: Real Estate

10 REALTORS® You Should Want to Emulate

September 1, 2022 - 12:00am

How this year’s finalists for NAR’s Good Neighbor Awards have accomplished extraordinary feats to improve their communities through volunteerism.

Categories: Real Estate

FSBOs Usually Soar in a Hot Market. Not This Time

August 30, 2022 - 12:00am

Housing volatility is pushing more sellers to work with real estate pros rather than go it alone. Here’s how to capitalize on higher interest in your real estate services.

Categories: Real Estate