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National News

Surveys show buyers, sellers and landlords are adjusting to a new normal

Fewer buyers were delaying their home search by the end of April, according to NAR surveys.
Big dip in pending sales hasn’t touched prices

NAR projects home sales will decline 14% in 2020, but prices will likely remain steady and may even hit a record high this year.

Consumer confidence marks largest drop ever, though long-term view still positive

The numbers are starting to pour in, and they’re certainly not pretty, but a hopeful public looks ahead to brighter days.
What the ‘stickiness’ of home prices means for your clients

A new report by First American Financial Corporation shows housing “may be better positioned than many believe” for recovery.
Guaranteed prosperity through positivity

Victor Ciardelli, CEO of Guaranteed Rate, offers his take on success, the real estate market and the forthcoming economic rebound in a live webinar.

Pet ownership is growing amid the coronavirus lockdown. Here’s what Realtors need to know

Americans are increasingly choosing to quarantine with new pets. NAR’s new report, Animal House: Pets in the Home Buying and Selling Process, examines the trends and the ways pet ownership will influence homebuying decisions moving forward.
Will forbearance backfire? What to tell clients about their options

Some homeowners worry that, after a few months of forbearance, they’ll be required to pay everything they owe upfront, in one lump sum.
New NAR survey shows relative calm among sellers

Few are dropping prices and many plan to carry on with their home sale. Buyers may be a different story, though.
Second stimulus package adds billions in funding for small businesses

Lawmakers have approved another stimulus package aimed at replenishing the Paycheck Protection Program.
Home sales down in March, but prices holding steady

The latest existing home sales report from the National Association of Realtors shows the impact of COVID-19 on sales numbers but not prices.
Tightening credit expected to impact sales, according to new model

First American Chief Economist Mark Fleming predicts a reduction in spring sales activity and a moderation of price appreciation.
Homebuilder confidence takes a hit, though experts see light at the end of the tunnel

Economists believe home sales can help drive the nation’s economic recovery from COVID-19.
A quarter of Realtors have sold homes sight unseen

A National Association of Realtors survey shows that one in 10 members have either seen their business grow or remain flat under COVID-19.
8 tips for how to survive and thrive from top real estate coaches

Here’s what industry experts say agents should do to stay motivated and busy during tough times.
Certain segments of rental market likely to slow down in the short term

A new report points to a softening of rents in Class A properties. Whether that will extend to the rest of the rental market depends on how long the economic crisis continues.
NAR survey shows agents expect post-pandemic market rebound

Agents are bracing for a spring slowdown, but hopeful for post-coronavirus recovery, says NAR.

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