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Report: 8.3M First-Time Buyers Are Coming

posted: 11/18/2019

A surge in first-time home buyers is expected to hit the housing market over the next three years. About 8.3 million first-time buyers are projected to enter the mortgage market between 2020 and 2022, predicts a new report from TransUnion. That marks a jump from the 7.6 million first-time buyers that were added in the previous three-year period between 2016 and 2018.  Read More Opens in New window

October 2019 Housing Minute

posted: 11/04/2019

Pending home sales rose while existing-home sales declined on a month over month basis in September.  Click here opens in new window

Affordable Housing

posted: 06/27/2019

Office of the Press Secretary

FOR IMMEDIATE RELEASE
June 25, 2019

PRESIDENT DONALD J. TRUMP IS TEARING DOWN RED TAPE IN ORDER TO BUILD MORE AFFORDABLE HOUSING

"We're lifting up forgotten communities, creating exciting new opportunities, and helping every American find their path to the American Dream" – President Donald J. Trump

There's no I in the word REALTOR

posted: 05/20/2019

As leaders of Associations and MLSs, it is imperative that every Board member, CEO and Association Executive remember their core goal – to help REALTORS® thrive for the long haul by arming them with the best information, service, and support we can.  Read More

Chutes & Ladders

posted: 02/21/2019

A tremendous amount of energy and money has been invested into moving consumers from a digital experience into an agent relationship. Consumer research performed by the National Association of REALTORS® regularly indicates that consumers start their process of buying or selling online before connecting with a Realtor®. I do not think anyone denies it.  Read More

Rates 6.9%

posted: 12/03/2018

The maximum conforming loan amount that Fannie Mae and Freddie Mac can back will increase to $484,350 from $453,100 in 2019, a 6.9 percent increase, the Federal Housing Finance Agency announced. For high-cost areas, the limits—which are also used to define FHA limits—will rise to $726,525 from $679,650. “Without this assurance that loan limits keep up with home price growth, borrowers across the country risk being pushed out of the market altogether as mortgage rates and rising home prices continue to hold back potential homebuyers,” NAR President John Smaby said in a statement applauding the government’s announcement. Determine your area’s limit.  NOTE:  links open in new windows.