Nearly half of Realtors® – 48% – said home buyer interest has decreased due to the coronavirus outbreak. However, 69% of Realtors® said there’s no change in the number of homes on the market.
News Releases
NAR will no longer hold the 2020 REALTORS® Legislative Meetings and Trade Expo in person from May 11–16 in Washington, DC. It will deliver previously-planned programming and committee meetings virtually.
Second Century Ventures, NAR's venture capital arm, has invested in RealX, an exchange to buy, sell, and lease property rights.
The changes include stopping open houses, requiring potential buyers to wash their hands or use hand sanitizer, asking buyers to remove shoes or wear footies, or other changes.
Based in London, the REACH UK team will work closely with NAEA Propertymark, the UK’s leading professional body for estate agency personnel.
NAR has announced that it will not hold two conferences scheduled to take place in California later this month – the Joint AE Institute and the REALTOR® Broker Summit – in response to coronavirus concerns.
Despite the age gap between millennials and the silent generation, the groups are like-minded in buying preferences.
The Federal Housing Finance Agency – under the direction of Mark Calabria – allocated $502.2 million to the National Housing Trust Fund and the Capital Magnet Fund, marking the GSE’s largest-ever contribution to the federally-managed entities.
While the increase in the overall homeownership rate is encouraging, there continues to be a significant racial homeownership gap in America that needs to be addressed.
The award-winning REACH® accelerator aims to recruit and accelerate the most promising new technologies in the real estate industry and nurture their success around the world.