National News

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National Association of Realtors scores permit for headquarters renovation

The National Association of Realtors was cleared to add two new floors to their 12-story headquarters on Michigan Avenue in Chicago. The plan was first announced earlier this summer and NAR received its first construction permit earlier this month. The

Real Estate in Brief: Tiny homes in big demand, technology makes for better customer service and more

Americans are discovering the big benefits of smaller living as CNN Business reported the growing demand for tiny homes. A recent National Association of Home Builders (NAHB) survey found that over half of Americans would consider living in home

Post-9/11 veterans struggle with housing affordability

With more than 20 million U.S. military veterans in the United States today, it’s important to recognize the specific challenges that they face when they reenter the job and housing markets as they return home. A new study from

Real Estate in Brief: Moms are moving to more affordable markets, rent hits new highs and more

A new Zillow analysis found that women with a newborn searched for homes in a market where houses cost $11,500 less than their previous market, undetermined of whether they moved with a partner or family member. For some, this transfer between markets

Generation Z is saving for homeownership by age 25 

Generation Z is just starting to come into adulthood, but they are already preparing for homeownership, according to a realtor.com survey. The study found that members of Gen Z, currently age 18 to 24, who are interested purchasing a home are two times

Real estate community welcomes new Congress after 2018 midterms

With the midterm elections resulting in a split Congress, many national housing and finance organizations expressed cautious optimism for the future — though several key issues remain in question as 2018 draws to an end. The Center for Responsible

National Association of Realtors installs 2019 leadership

John Smaby was installed as 2019 president of NAR during the 2018 Realtors Conference & Expo. Smaby was the 2018 president-elect and the 2017 first vice president. Smaby has also held numerous positions nationally and with Minnesota Realtors, where

Real Estate in Brief: Millennials seek influencers, real estate tech week and more

Engel & Völkers partnered with Researchscape in a study surveying millennials on their definitions of luxury, examining factors that impact their purchasing habits and how brands and real estate professionals can appeal to this demographic of wealthy youth. The report was titled “Meet HENRY: Influencing The Next Generation

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The top headlines from the 2018 National Realtors Conference and Expo

The National Association of Realtors hosted its annual Realtors Conference and Expo in Boston last weekend, packed with four days full of keynote addresses by the likes of Mark Wahlberg, panel discussions, workshops and much more. For those who

Mortgage fraud grows as home prices and demand increase

Instances of mortgage fraud risk grew 12.4 percent since last year, according to CoreLogic’s Mortgage Application Fraud Risk Index. Approximately one in 109 applications, or 0.92 percent, of all mortgage applications contained indications of fraud. This is up from

Lender sentiment slips amid growing competition and savvy borrowers

Heading into the end of a year filled with volatility, the mortgage lending industry continues to look at its present and future performance as a glass half-empty. According to the latest Mortgage Lender Sentiment Survey by Fannie Mae, the

Real Estate in Brief: Lobbyist spending, housing market improvement and more

The amount of third quarter spending on lobbyist is at a record high since 2010 with $2.6 billion spent and the National Association of Realtors is one of the top spenders. The total amount of money expended is up by approximately $30

Case-Shiller: Annual home price gains fall below 6 percent in August

The S&P CoreLogic Case-Shiller national home price index grew 5.8 percent in August, slowing slightly from the 6.0 percent gain seen in July. The 10-City composite is up 5.1 percent, while the 20-city composite grew 5.5 percent. On a

Millennials most willing to bunk with ghouls for large kitchen space and other sweet treats

Realtor.com’s annual Haunted Real Estate Report found that millennials are more willing than any other generation to sleep with what goes bump in the night, for a small bonus. According to the 2018 survey, one in three respondents, specifically millennials, were willing

Real Estate in Brief: Opendoor’s bonus credit, hidden doorways gaining popularity, and more

  The home-trading startup Opendoor has made several changes of approach when attracting homebuyers in the Pheonix and Dallas-Fort Worth markets. The company has featured a bonus $1,000 credit to buyers who purchase Opendoor’s for sale homes in these markets; whether through an Opendoor “partner agent” or through a direct purchase on their own.

National Association of Realtors heads to Boston for 2018 Realtors Conference and Expo

The city of Boston is getting ready for the National Association of Realtors 2018 Realtors Conference and Expo, which will take place at the Boston Convention and Exhibition Center on November 2-5. More than 20,000 Realtors, experts and guests

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