National News

Is 2020 really the year of the suburb?
Is 2020 really the year of the suburb?

2020 has seen much speculation that COVID-19 is driving households away from cities to lower density places in the suburbs. RCLCO looks at whether 2020 is indeed the year of the suburbs.

Housing starts up, but will it last?
Housing starts up, but will it last?

A new report has good news for housing construction, but will it hold through next year?

Realogy Franchise Group names new president and CEO
Realogy Franchise Group names new president and CEO

She will oversee the franchise operations of Better Homes and Gardens Real Estate, CENTURY 21 and ERA. Yannaccone also will lead the company’s efforts in the franchise and owned operations of Sotheby’s International Realty and Corcoran.

NAR board OKs hate speech rule
NAR board OKs hate speech rule

Realtors who use harassing or hate speech could face fines by the National Association of Realtors, according to a proposal approved by the NAR Board of Directors at its 2020 Realtors Conference & Expo.

Here’s what President-elect Joe Biden’s housing plan looks like
Here’s what President-elect Joe Biden’s housing plan looks like

With a plan to invest $640 billion over 10 years and vows to end discriminatory and unfair practices in the housing market, including “redlining,” President-elect Joe Biden’s housing policy agenda looks to protect low-income and housing-insecure households.

Labor market shows improvement in latest jobs report
Labor market shows improvement in latest jobs report

The latest jobs report shows improvement, with another 638,000 net job gains and the unemployment rate slashed to 6.9%.

Homeownership down slightly but not for Millennials
Homeownership down slightly but not for Millennials

First-time buyers contributed to 31% of September’s home sales due to record-low mortgage rates, according to the report.

Zombie property rate down — for now at least
Zombie property rate down — for now at least

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

Expect fall price gains, but 2021 could see a cooling market
Expect fall price gains, but 2021 could see a cooling market

The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.

First American: Homesellers playing ‘musical chairs’
First American: Homesellers playing ‘musical chairs’

Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.

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