2022 Economic Outlook: Take the Good With the Bad
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 […]
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NAR to Congress: Keep Housing in Infrastructure Bill
REALTOR® Magazine Leaders from the National Association of REALTORS® and other housing groups went to the U.S. Capitol on Wednesday to urge lawmakers to preserve the affordable housing provisions in the infrastructure bill Congress is debating. Lawmakers are whittling down the package—which invests in various programs such as health care, paid family leave, affordable housing, […]
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4 ‘Danger Zones’ in Your Daily Work Routine
by Catherine Mesick, REALTOR® Magazine Establishing safety protocols on the job is one of the best ways to protect your personal safety, especially as 14% of REALTORS® say they’ve feared for their physical well-being or the security of their personal information at work, according to the National Association of REALTORS®’ 2021 Member Safety Report. “Crimes against real […]
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Land Banks on the Rise
Catherine Mesick, REALTOR® Magazine More communities are turning to land banks to help address vacant, abandoned, and tax-delinquent properties. Since 2010, over 200 land banks have launched nationwide, said Brian Larkin, director of the National Land Bank Network at the Center for Community Progress. Land banks acquire and maintain distressed properties with the goal of transferring them […]
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Behind the Hype: What 5G Means For Real Estate
by Melissa Dittmann Tracey, REALTOR Magazine® Key Takeaways: Wireless carriers affirm their commitment to rolling out the superfast fifth generation of connectivity to more places, beyond city hubs, by the end of the year. 5G could be up to 600 times faster than current 4G connections, paving the way for innovations affecting businesses, driving, health care, […]
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New-Home Construction Slows as Costs Increase
REALTOR® Magazine Housing starts dropped in April as builders saw rising building costs hamper inventory and affordability. Housing production fell 9.5% last month to a seasonally adjusted annual rate of 1.57 million units, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported Tuesday. While homebuilding is down, the demand for […]
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