KCRAR Launches Local Branch of National Spire Mentorship Program
KCRAR announced last week the local implementation of a National Association of REALTORS® (NAR) mentorship program called Spire. The Spire program aims to help individuals learn the fundamentals of the real estate industry, foster education, empower serious consideration of real estate as a career path and cultivate the development of generational wealth through property ownership. […]
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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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