The National Association of REALTORS® (NAR) has announced a new series of consumer resources designed to help REALTORS® empower home buyers and sellers following recent practice changes. To date, NAR stated it has published six installments in the series and will continue to release new resources in the weeks ahead. “At the heart of what…
The post NAR Announces New ‘Consumer Guide’ Series appeared first on RISMedia.
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -The Federal Reserve this week kicked off a long expected campaign of rate cuts with a larger than expected 50 basis point reduction in the federal funds rate. Fed Chair Jerome Powell called the decision…
The post Mortgage Mix: Fed Cuts Deep; FDIC Ramps Up Scrutiny of Bank Mergers appeared first on RISMedia.
A lack of building coupled with rising prices and interest rates that are falling at a tapered pace are the main drivers of the persisting housing affordability crisis, according to researcher Daniel T. McCue, who carried out the analysis for a recent Harvard University study. When new units were built, which was infrequently, they tended…
The post How Did We Get Here? Report Details History of Supply and Affordability Challenges, Showcases Solutions appeared first on RISMedia.
NAR’s 2024 International Transactions in U.S. Residential Real Estate report surveyed members on their transactions with international clients who purchased and sold U.S. residential property from April 2023 through March 2024. Foreign buyers who resided in the U.S. as recent immigrants or were holding visas that allowed them to live in the U.S. purchased $22.6…
The post Foreign Investment in U.S. Homes Decreased 21.2% appeared first on RISMedia.