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Is mortgage demand really picking up?
by Logan Mohtashami on June 22, 2024 at 9:06 pm
Mortgage rates have been declining and we've had back-to-back positive weeks in purchase application data for the first time since mid-March.
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Real estate mailers: The ultimate guide for 2024
by Trevor James on June 21, 2024 at 11:39 pm
Discover top providers for effective real estate mailers, innovative ideas, and best practices for direct mail campaigns.
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FHFA grants conditional approval for Freddie Mac second mortgage pilot
by Neil Pierson on June 21, 2024 at 10:09 pm
The regulator on Friday announced its conditional approval for Freddie Mac to begin purchasing closed-end second mortgages.
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Why are home prices at all-time highs with more inventory?
by Logan Mohtashami on June 21, 2024 at 9:17 pm
Existing inventory and home prices have been rising together year over year, even while existing home sales are trending near all-time lows.
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HUD offers new disaster relief in Hawaii following Biden executive order
by Chris Clow on June 21, 2024 at 9:16 pm
President Joe Biden approved a disaster declaration on the island of Maui following severe weather and flooding there in April.
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Existing-Home Sales Edged Lower by 0.7% in May as Median Sales Price Reached Record High of $419,300
on June 21, 2024 at 1:32 pm
The median existing-home sales price jumped 5.8% from May 2023 to $419,300 – the highest price ever recorded and the eleventh consecutive month of year-over-year price gains.
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Instant Reaction: Mortgage Rates, June 20, 2024
on June 20, 2024 at 4:27 pm
The 30-year fixed mortgage rate from Freddie Mac continued with small incremental declines to 6.87% over the last week from 6.95%.
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March 2024 NAR Real Estate Forecast Summit: Commercial Update
on June 18, 2024 at 5:02 pm
On March 7, 2024, from 12:00 – 1:00 p.m., NAR held its virtual Real Estate Forecast Summit: Commercial Update event.
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Metro Areas Producing More Housing Than Their Historical Average
on June 18, 2024 at 4:01 pm
Increased construction activity can be attributed to various factors such as economic growth, population influx, and urban development initiatives.
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Mortgage Rates and Higher Home Prices Continue to Hinder Affordability in April 2024
on June 17, 2024 at 4:03 pm
Compared to March 2024, the monthly mortgage payment in April 2024 increased by 5.7%, while the median price of single-family homes increased by 0.1%.
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The Agent’s Role in Land Valuation
on June 3, 2024 at 9:24 pm
Appraisers must take a nuanced approach to valuing a parcel of land, considering not just size and location but a wide range of factors that you can help identify.
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NAR Applauds HUD and GSEs for New Appraisal Reconsideration Process
on May 1, 2024 at 6:59 pm
The new process allows consumers to more readily obtain a second look at appraisals when they disagree with them.
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NAR Comments on 4th ASC Hearing on Appraisal Bias
on February 28, 2024 at 9:25 pm
NAR asks for clear guidance on the application of fair housing laws to the appraisal process as well as transparency in the compensation of appraisers.
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Real Estate Appraiser Salary
on February 26, 2024 at 5:24 pm
A real estate appraiser's salary is often based on licensing level and experience. Learn how much you can make with a career as a real estate appraiser.
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Why Desktop Appraisals Matter and How Agents Can Help
on November 30, 2023 at 4:12 pm
These types of assignments don’t require appraisers to inspect the interior or exterior of a property. Your care can make such valuations more reliable.
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May 2024 Commercial Real Estate Market Insights
on June 3, 2024 at 7:56 pm
In Q2 2024, the office vacancy rate reached new record highs, approaching nearly 14%, while fundamentals in retail and industrial sectors decelerated.
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Exploration of Retail Crime Data and Commercial Market Update
on May 7, 2024 at 1:43 pm
Presented by Oleh Sorokin at the Commercial Real Estate Research Advisory Board Meeting on May 5, 2024 as part of the REALTORS® Legislative Meetings in Washington, DC.
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May 2024 Commercial Update
on May 6, 2024 at 8:48 pm
Presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings on May 7, 2024, in Washington, DC.
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Commercial Lines: Insurance Trends
on May 6, 2024 at 8:36 pm
Presented by Eric M. Goldberg, Department Vice President and Counsel, Commercial Lines for the American Property Casualty Insurance Association, at the Commercial Economic Issues & Trends Forum at the 2024 REALTORS® Legislative Meetings on May 7, 2024, in Washington, DC.
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Housing Trade Groups Applaud Launch of Bipartisan Congressional Real Estate Caucus
on May 6, 2024 at 3:33 pm
It is vital that Congress supports policies that promote the growth of the real estate industry; the newly formed caucus aims to accomplish this.