• Midyear Update: Flat Forecast for Home Sales This Year

    For the foreseeable future, the housing market will be plagued by scarce supply, according to presenters at the 2018 REALTORS® Legislative Meetings & Trade Expo, held recently in Washington, D.C.
    With the economy and employment encouraging growth, home sales will be subdued, though still on an uphill track, according to National Association of REALTORS® (NAR) Chief Economist Lawrence Yun, who discussed the market during the Residential Economic Issues and Trends Forum. A forecast by
  • For Buyers, Credit Matters—but How Much?

    Borrowers not as creditworthy as others often have higher mortgage payments; in fact, according to an analysis recently released by Zillow, the average borrower categorized with credit as “fair” can be on the hook for $21,000 more than a borrower with an “excellent” score.
    Here’s how: Borrower A has a credit score that’s stellar (“excellent”), and obtains a 4.50 percent rate. Borrower B has a credit score that’s less than stellar (“fair
  • How Can Brokers Lead the Effort to Increase Listings, Boost Inventory?

    According to RISMedia’s 2018 Power Broker Report & Survey, 71 percent of Power Brokers are being challenged the most by inventory shortages. This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses how to address the issue, and offers up steps and solutions.
    Moderator
    Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR
    Panelists
    Matt Deuitch, Designated Broker, DPR Realty

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