National News

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

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.

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.

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.

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

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

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

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.

Economic recovery slumps as initial jobless claims unexpectedly jump.

Redfin looked at the number of prospective homebuyers searching in the second quarter who wanted to change counties. Home search data revealed that 6.5% fewer people were looking for homes in blue (Democratic) counties than in swing or red (Republican) counties.

The U.S. economy has recovered approximately half of the 22 million jobs lost during the height of the pandemic, according to the Labor Department.

It was a hard-fought effort to procure federal funds in the middle of a recession, but NAR announced that the president is poised to sign a bill that provides money for road projects and flooding.

The Chicago-based brokerage is taking it to the next level by going national.

A new report by Redfin shows counties of both political stripes are benefiting from a booming real estate market. See how the numbers break down.

The lawsuit also argues that the feds are commandeering state courts and officers to implement an unconstitutional federal law.