Pending Home Sales Edge Higher 0.7% in May

June 23, 2022 in KCRAR

By Melissa Dittman Tracey, REALTOR® Magazine Home sales are falling from their pandemic-fueled highs as home buyers tighten up their budgets. “Home sales have essentially returned to the levels seen in 2019—prior to the pandemic—after two years of gangbuster performance,” says Lawrence Yun, chief economist for the National Association of REALTORS®. Movement in both single-family […]

June 9, 2022 in Government Affairs

National Association of REALTORS® The Federal Housing Finance Agency (FHFA) released finalized equity plans Wednesday for Fannie Mae and Freddie Mac. According to the FHFA, the plans are intended to “address barriers experienced by renters, aspiring homeowners, and current homeowners before, during, and after getting a mortgage” and include actions to address financial education, access, […]

June 2, 2022 in KCRAR

REALTOR® Magazine The housing market is slowing: Pending home sales fell 3.9% in April, marking the sixth consecutive month for declines and the slowest pace in nearly 10 years. NAR’s Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—was down 9.1% in April compared to a year earlier. Lawrence Yun, NAR’s […]

May 26, 2022 in Government Affairs

A group of REALTORS® met this week with U.S. Representative Sharice Davids to discuss critical housing bills coming through congress. Kansas Association of REALTORS® (KAR) President and Federal Political Coordinator Andrew Mall led the meeting, opening a conversation with Davids on bills impacting housing supply and fair housing. Mall urged Davids to co-sponsor the Housing […]

May 19, 2022 in Community

National Association of REALTORS® National Association of Realtors® President Leslie Rouda Smith issued the following statement Monday regarding President Joe Biden’s plan to address the housing supply shortage: “Last year, a landmark research report commissioned by NAR recognized a shortage of 5.5 million homes in the U.S.—a gap so large it would take more than a decade to dig […]

January 27, 2022 in KCRAR

National Association of REALTORS® The National Association of Realtors® (NAR) recently released its inaugural ESG+R Report, highlighting the association’s top sustainability accomplishments in 2021 within four categories: environment, social, governance and resilience. In the coming years, this annual report will offer a snapshot of NAR’s current state of sustainability activity – existing programs, resources and […]

January 20, 2022 in Community

by Lawrence Yun, Chief Economist, National Association of REALTORS® Key Takeaways: Mortgage rate increases will hamper housing affordability in 2022. First-time buyers will need your expertise to get out from under annual rent increases. Current homeowners may find themselves ‘mishoused’ as a result of the pandemic and seek out new lifestyle choices. Commercial real estate […]

November 18, 2021 in KCRAR

Over a dozen members of KCRAR and Heartland MLS leadership joined REALTORS® from across the country and around the world in San Diego last week for the National Association of REALTORS® (NAR) annual conference. KCRAR members were joined by participants from all 50 states, several U.S. territories and 45 countries to interact with 250 exhibitors […]

November 12, 2021 in Community

National Association of REALTORS® The National Association of REALTORS® released its 2021 Profile of Home Buyers and Sellers this week, garnering coverage in a wide range of national media outlets, including The Wall Street Journal, Realtor.com®, and MarketWatch.  The annual report covers demographics, preferences, and experiences of buyers and sellers across the United States. 2021 marks the 40th anniversary of the […]