Existing-Home Sales Retreat in August
Existing-home sales backed up in August, after two consecutive months of increases, according to the National Association of REALTORS® (NAR). Each of the four major U.S. regions experienced declines on both a MoM and YoY basis. Total existing-home sales decreased by 2.0% from July to a seasonally adjusted annual rate of 5.88 million in August. […]
White House Launches ‘House America’ Initiative to Combat Homelessness
The White House is launching a new initiative to combat the crisis of homelessness, working with the U.S. Department of Housing and Urban Development (HUD) on a national partnership entitled “House America: An All-Hands-On-Deck Effort to Address the Nation’s Homelessness Crisis.” HUD Secretary Marcia L. Fudge, who serves as chair of the U.S. Interagency Council […]
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CFPB Report States Renters Are at Risk as COVID-19 Support Ends
The Consumer Financial Protection Bureau (CFPB) recently released a report warning that millions of renters and their families may be at economic risk as federal and state COVID-19 relief programs end. The report, “Financial conditions for renters before and during the COVID-19 Pandemic,” claims some government relief efforts likely helped maintain the financial stability of […]
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MBA Launches Policy Initiative to Close the Racial Homeownership Gap
The Mortgage Bankers Association (MBA) recently announced a new policy initiative, “Building Generational Wealth Through Homeownership,” aimed at providing industry leadership and direction for reducing the racial homeownership gap; developing and supporting policies that support sustainable homeownership for communities of color; and promoting fair, equitable and responsible lending for minority borrowers. Through advocacy, partnerships and […]
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Take Advantage of Safety Resources Through RTRN
NAR PULSE—Your agents’ safety is a top priority. That’s why Right Tools, Right Now commemorates Safety Month by offering new and updated safety-related products, available for free through September. Encourage your agents to stay safe while on the job by checking out this month’s products. Commit to Combatting Discrimination With Fairhaven Promote fairness, equal opportunity and integrity […]
‘Under Evolutionary Attack’: How a Hilton Head Broker Leans on Technology to Tackle the ‘Amazon Effect’
Chip Collins is one of those leaders who has come out of pandemic times better than before. With his team out of the office for more than a year, Collins—the broker-in-charge/owner of Collins Group Realty in Hilton Head, South Carolina—adapted and modified operations with technology to meet the changing needs of his employees, agents and, […]
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Realogy Named Great Place to Work®
Realogy Holdings Corp. has been named a certified Great Place to Work® for the fourth year in a row. The award is based entirely on current employee feedback about their experience working at Realogy. This year, 86% of Realogy employees said the company is a great place to work—27 percentage points higher than a typical […]
ERA® Real Estate Expands Washington Presence
ERA® Real Estate has announced that Tucker Realty LLC, based in Mount Vernon, Washington, has affiliated with the ERA® brand. The company will now do business as Tucker Realty ERA Powered. The company, established in 2019, is owned by the husband-and-wife team of John and Michelle Combel. It provides real estate services in Skagit, Snohomish […]
Op-Ed: Small Businesses, Cooperation Bolster Real Estate Market by Maintaining Affordability, Equity
As more than 31 million small businesses across the country were recognized during National Small Business Week, it’s a good time to look at how small, local operations drive so much of the economy and search for ways to continue to level the playing field for them and for consumers. When it comes to “buying local,” small businesses […]
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Freddie Mac Report Highlights Apparent Racial Bias in Appraisals
Housing discrimination and racial bias have taken many forms over the years, from the explicit government-sponsored policy of redlining (refusing to insure mortgages in predominately Black neighborhoods) to the continued practices of steering (real estate agents pushing Black homebuyers away from white neighborhoods). Yesterday, Freddie Mac released a new report exploring another avenue that the […]
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