National News

Atlanta ranks third on NREI’s top 10 suburbs for millennials

As millennials get older, they’re trading in their train passes for minivans as they head for the suburbs, this according to National Real Estate Investor’s survey of suburban areas with the best potential for millennial population growth. Thanks to

4 ways agents can become neighborhood experts

Real estate is becoming an increasingly competitive field, with new technologies coming constantly changing the industry. However, sometimes the best edge for agents is simply knowing the ins-and-outs of neighborhoods so you can position yourself as an expert when

Under GOP tax plan, hard-to-find affordable housing would be even more scarce

There’s been no shortage of news about increasing home prices and low housing inventory around the country, but one thing there definitely has been a shortage of is affordable housing. And according to industry experts, that shortage could get

More people get mortgages online, but they’re increasingly dissatisfied

More and more customers may be heading online to purchase mortgages, but overall satisfaction with electronic mortgage processes is majorly declining, according to J.D. Power’s 2017 U.S. Primary Mortgage Origination Satisfaction Study. According to the study, individuals find online

Report: Affordability increases despite rising home prices

Although home prices are on the rise across the country, affordability has actually increased since July, according to the latest Mortgage Monitor from Black Knight. According to the report, only 21.4 percent of the median income is needed to purchase

Compass plans huge expansion after raising $100 million

Compass, a real estate technology startup, announced that it has raised $100 million during the Series E investment round, which it will use to expand to every major city within the United States. The company is now valued at $108

NAR shares support for Flood Reform Act

After starting a petition for Congress to reauthorize the federal Flood Reform Act in August, the National Association of Realtors (NAR) recently decided to double down on its efforts to ensure the bill remains in place. This Monday, NAR penned

Homesnap, Waze partner to create geo targeted listing ads

One of the main hurdles agents have to overcome on a regular basis is having their listings seen by the people who are most likely to be interested in it. While previous wisdom was to get the ad in

Millennials want to buy homes, but worry about finances

A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials

NAR: GOP tax plan ‘attacks homeownership’

The GOP’s new tax plan, the so-called Tax Cuts and Jobs Act, “attacks homeownership,” according to a new statement from the National Association of Realtors (NAR). NAR has been vocally opposed to the bill, which would significantly reduce homeowner

Georgia home prices jump 6.3 percent since last year

Compared to last year, home prices in the state of Georgia increased by 6.3 percent in September 2017, mirroring overvalued housing trends in many cities nationwide. According to CoreLogic’s U.S. Home Price Index, as of September 2017, half of

NAR board votes to remove MLS subscription requirement

On Monday, the National Association of Realtors Board of Directors voted on four major MLS adjustments, one of which will allow agents more flexibility in MLS choice. A new broker-backed policy that is being called “MLS of Choice” prevents

NAR forecasts a strong 2018 for home sales amid inventory shortages, tax reform uncertainties

The National Association of Realtors (NAR) predicts a strong 2018 for home sales, but inventory shortages and upcoming tax reform could have a major impact on the market. NAR’s Chief Economist Lawerence Yun presented his 2018 housing and economic

National Association of Realtors installs 2018 leadership

Elizabeth Mendenhall, CEO of RE/MAX Boone Realty in Columbia, Missouri, was installed today as 2018 president of the National Association of Realtors during the Realtors Conference & Expo in Chicago. Mendenhall was NAR’s 2017 president-elect and 2016 first vice

FSBOs reach all-time low in 2017

For-sale-by-owner (FSBO) homes accounted for only 8 percent of recent home sales, according to the National Association of Realtors (NAR). This marks an all-time low in FSBO home sales since NAR began recording the data in 1981. Between 2001

Home prices continue fast growth in the third quarter

Home prices continued to grow in nearly every major metro across the country in the third quarter, according to the latest quarterly report from the National Association of Realtors. The national median existing single-family home price rose to $254,000,

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