NAR in the News

A shortage of homes for sale is keeping prices up despite today's high mortgage rates. The average rate on a 30-year home loan is just under 7.25%.

A 2023 Pew Research Center survey using 2022 census data found that single women owned 58% of the nearly 35.2 million homes owned by unmarried Americans, while single men owned 42%.

A new policy will enable mortgage borrowers to “request a re-assessment of the appraised value of their property if they believe that the appraisal was inaccurate or biased.”

The FHFA released its fair lending final rule, following up on a proposal made last year in alignment with plans first laid out in 2022 by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

A landmark settlement with the National Association of REALTORS® will soon make Buyer Brokerage Agreements mandatory and spelling out how a buyer's agent would be paid.

Yun says a market crash is unlikely considering the strong demand and lack of recession. He believes government programs or policy changes could allow for more stabilization.

Ryan Davis has evolved into a leader that NAR members, and state and local REALTOR® associations, turn to for strategy and guidance.

An index of contract signings from the National Association of Realtors® climbed 3.4% to 78.2 last month, the highest since February 2023.

Home sales based on contract signings jumped in March despite elevated mortgage rates that month.

HUD acknowledges the elevation policy will increase building costs — by up to $7,800 for a single-family home.