NAR REALTOR® Broker Summit to Bring National Speakers to Kansas City
The National Association of REALTORS® (NAR) Broker Summit is coming to Kansas City on April 17-18, bringing expert speakers from across the country, including former CEO of United Airlines Oscar Munoz and NAR Chief Economist Dr. Lawrence Yun. The 2023 REALTOR® Broker Summit draws hundreds of brokers nationally each year, and this year the stand-out […]
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More Americans Own Their Homes, but Black-White Homeownership Rate Gap is Biggest in a Decade, NAR Report Finds
While the U.S. homeownership rate increased to 65.5% in 2021, the rate among Black Americans lags significantly (44%), has only increased 0.4% in the last 10 years and is nearly 29 percentage points less than White Americans (72.7%), representing the largest Black-White homeownership rate gap in a decade.
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NAR Demonstrates the Many Ways Realtors® Are Here for Clients During Their Property Journey in the 2023 ‘That’s Who We R’ Campaign
The National Association of Realtors® (NAR) unveiled this week its fifth iteration of its award-winning “That’s Who We R” national advertising campaign. This year’s creative demonstrates the many ways Realtors® are “here for it all,” working to make the dream of property ownership a reality for their clients.
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NAR Responds to White House Affordability Plan
The association has committed to educate members and consumers about rental assistance but urges policy around the root cause of affordability issues.
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Economist: Mortgage Rates Will Dip Below 6% Soon
After doubling from a year ago, rates likely will experience less volatility in 2023, says NAR Director of Forecasting Nadia Evangelou.
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NAR Applauds White House Roadmap to Reduce Homelessness and Increase Housing Supply
National Association of REALTORS® National Association of Realtors® President Kenny Parcell issued the following statement in response in December to the White House’s plan to reduce homelessness and increase housing supply over the next two years: “We are grateful the President outlined this plan and put a spotlight on the diminished inventory and homelessness crisis […]
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NAR Finds Share of First-Time Home Buyers Smaller, Older Than Ever Before
National Association of REALTORS® Key Highlights At just 26%, the share of first-time buyers was the lowest since NAR began tracking the data. The typical first-time buyer was 36 years old – an all-time high. The median distance between the home that recent buyers purchased and the home from which they moved was 50 miles […]
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Median Home Sales Price Up 8.4% Nationally in September
National Association of REALTORS® Key Highlights Existing-home sales sagged for the eighth consecutive month to a seasonally adjusted annual rate of 4.71 million. Sales slipped 1.5% from August and 23.8% from the previous year. The median existing-home sales price increased to $384,800, up 8.4% from one year ago. The inventory of unsold existing homes declined […]
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Existing-Home Sales Slipped 0.4% Nationally in August
National Association of REALTORS® Key Highlights Existing-home sales decreased for the seventh straight month to a seasonally adjusted annual rate of 4.80 million. Sales tailed off 0.4% from July and 19.9% from the previous year. The median existing-home sales price rose 7.7% from one year ago to $389,500. After five successive monthly increases, the inventory […]
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Adding Hope to the Grocery List: Kansas City REALTOR® Named Finalist for National Good Neighbor Award
By Graham Wood, National Association of REALTORS® Cleaning houses for a living isn’t always steady work for Kansas City, Mo., native Kelly Lange. When her clients need to tighten their budgets, Lange’s services are often the first item they cut. So, Lange, 48, sometimes finds herself with little to no work for significant periods of […]
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