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Instant Reaction: Jobs, May 3, 2024
News of some cooling in the labor market could mean the topping-out of mortgage rates this week before more sustained declines through the remainder of this year.
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Instant Reaction: Mortgage Rates, May 2, 2024
Instant Reaction: Mortgage Rates, May 2, 2024 At 7.22%, the 30-year mortgage interest rate has hit its highest point since November 2023; rates are unlikely to move down soon. By: Jessica Lautz Mortgages & Home Financing
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REALTORS® Continue Giving Back, Despite Market Headwinds
Despite facing market challenges like historically low inventory, heightened mortgage rates, and the lowest annual sales since 1995, REALTORS® remained committed to giving back to the communities they serve.
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Center for REALTOR® Development Partners with Shaping Wealth to Empower Agents with Human-Centric Training Suite
CRD Partners With Shaping Wealth To Empower Agents CRD’s partnership with Shaping Wealth will enhances NAR members’ ability to serve their clients with empathy, integrity and professionalism. Media Contact: Spencer High 202-383-1051
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April 2024 Commercial Real Estate Market Insights
In the first quarter of 2024, vacancy rates were on the rise and rent growth continued to decelerate across all market sectors.
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NAR Applauds HUD and GSEs for New Appraisal Reconsideration Process
NAR Applauds GSEs and FHA for New Appraisal Process The new process allows consumers to more readily obtain a second look at appraisals when they disagree with them. Media Contact: Tori Syrek Appraisal & Valuation
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Real Estate’s Impact on the Economy by the Numbers: A State-by-State Analysis
Real Estate’s Impact on State Economies by the Numbers The housing sector is a significant contributor to gross domestic product (GDP) through construction, home sales, and renovations.
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Spring 2024: Engaging the Community
Community planners have compiled an impressive playbook with strategies for nearly every situation where the community voice should be heard. This edition of On Common Ground explores the wide range of techniques being employed to gather those voices.