How Did Housing Policy Hurt Black Americans? NAR Explains
Two experts clarified historic discrimination at NAR’s convention, saying homeownership helps “launch the next generation,” and many young Black adults lost that edge.
RE Q&A: Can HOA Enforce Smoking Ban in Common Areas?
While indoor smoking is generally banned, some condo associations have started nixing it in outdoor spaces – but it likely requires a majority vote of unit owners.
Office Market: Owners Deferring to Employees on Return Plans
Office managers aren’t sure about future space needs because they aren’t sure how many workers will return. In a tight labor market, many are letting employees decide.
Little Change in 30-Year Loan Rates – But Above 3% Again
At 3.1%, this week’s average 30-year-mortgage rate is barely higher than last week’s 2.98%, but any rise above a whole number can have a psychological impact on buyers.
82% of Unmarried Couples Prefer Homes Over Big Weddings
Homeownership remains an American dream, perhaps more so as first-time buyers face escalating challenges. A Harris Poll found younger Americans (age 18-44) are more likely to consider homeownership an important financial goal (45%) than older, 55+ adults (30%).
5 Ways to Bring a Stale Listing Back to Life
Get creative: Boost the curb appeal by tackling overgrown plants or with new paint. The right home staging can also help buyers see their things in the space.
Builders Say the Labor Shortage Hit a Record High
NAHB survey: Almost 9 out of 10 builders can’t find enough framers and carpenters, with more than 55% of single-family builders reporting a shortage in 16 trades.
HUD Unveils Strategy to Deal with Climate Change
HUD’s “Climate Action Plan” has broad goals: Help communities prepare, set green building/electrification goals, create jobs and revise environmental review policies.
‘Zillow Offers’ Lawsuit Alleges Execs Failed Shareholders
After Zillow’s stock price fell, a shareholder filed a lawsuit alleging execs drove up prices with “misstatements and/or omissions” about its home-flipping business.
NAR Installs 2022 Leadership
The national association’s 2022 president, Leslie Rouda Smith, is a broker associate from Dallas, Texas. President-elect Kenny Parcell is a broker-owner from Utah.