The U.S. homeownership rate climbed to 65.5% in 2020, up 1.3% from 2019 and the largest annual increase on record. However, Black Americans continue to face significant obstacles along the path to homeownership.
News Releases
With sustained price appreciation and higher mortgage rates, affordability of single-family homes worsened in Q4 2021.
The program, funded by Wells Fargo Home Mortgage, matches mentors with REALTORS® who have demonstrated a commitment to public service and are looking to enhance their charitable work.
The new creative distinguishes Realtors® – members of NAR and guided by the association's Code of Ethics – from non-member agents and "do-it-yourself" tech platforms.
The National Fair Housing Alliance (NFHA) and a coalition of local fair housing organizations reached a $53 million agreement with Fannie Mae to compensate for unequal treatment of real estate owned (REO) properties in Black and Hispanic communities.
The surging residential real estate market of the last two years led to record-high home prices and record-low inventory, making it increasingly difficult for consumers, particularly Black Americans, to achieve homeownership.
Five winners will each receive a $10,000 grant for their nonprofit organization and will be recognized at the November 2022 REALTORS® Conference & Expo in Orlando, earning travel expenses to the event and considerable media exposure for their causes. Five honorable mentions will also each receive a $2,500 grant.
REX-Real Estate Exchange Inc. has made false and misleading advertisements and statements about its services, thereby deceiving consumers and discouraging them from obtaining the pro-consumer, pro-competitive benefits provided by NAR members and independent, local multiple listing services marketplaces.
The report offers a snapshot of NAR's current state of sustainability activity – existing programs, resources and services – while tracking the association’s progress over time on stated goals within the context of NAR’s multi-year Sustainability and Resilience Plan.
The Swanepoel Power 200 – SP200 – is considered “the definitive ranking of the leaders and executives in the residential real estate brokerage industry” and published annually by T3 Sixty.