What’s New

What’s the Future of Real Estate?

In 1991, the National Association of REALTORS® made an “office of the future” video predicting what kinds of space-age technologies would change the home buying and selling process by the year 2000. Jon Coile, broker-owner of Champion Realty in Severna Park, Md., dug this gem of a video out of the NAR archives for his presentation Wednesday at the Broker …

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NAR Environmental Summit; Flood Insurance; FHA Dual Agency

August 4, 2014:  In the fourth video in The Voice for Real Estate news series, NAR Director of Broadcasting Stephen Gasque looks at NAR’s Environmental Summit, progress on flood insurance improvements, and an NAR win on FHA dual-agency policy on short sales.

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Housing Slowdown Could Be Good for Buyers

The growing signs of a slowdown in the housing market might be good news for home buyers. Slowing home prices—after the double-digit increases last year—mixed with still-low interest rates are making homes more affordable. Also, the supply of homes for sale today represents 5.8 months of demand, the most since October 2011, giving buyers more choices than they have had …

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New realtor.com® Ad Shows Value of Realtors®

Realtor.com®’s humorous new ad incorporates messaging about the value of a REALTOR®. In it, a slightly frazzled mom talks about the importance of accuracy to her family; that’s why they used a REALTOR® and realtor.com to find their house. The ad is part of a coordinated branding effort between NAR’s Consumer Advertising Campaign and realtor.com, highlighting the value the website …

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Why the Second Half of 2014 Will Be Better Than the First

The housing market has been sluggish in many markets over the past six months, after last year’s double-digit appreciation. But researchers at the real estate brokerage Redfin say they see signs that the housing market is now edging back to normal. In a new report, they say they expect the market in urban areas to regain its footing over the …

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Top Amenities Buyers Will Make Sacrifices For

Home buyers are showing some willingness to pay more for certain amenities in a home, according to the latest PulteGroup Home Index Survey of more than 1,000 adults ages 25 to 65. Take the Pulse of Buyers’ Desires Regional Trends: What Buyers Want Most—and Get Buyers Want ‘Green’ More Than They Think 2 Things Luxury Buyers Want Most What’s surprising …

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ANR Releases Shoreland Protection Act Handbook

This year, the Vermont legislature passed the Shoreland Protection Act, which aims to regulate activities within 250 feet of the mean water level of lakes greater that 10 acres in size in the state of Vermont. The act is designed to allow reasonable development along the shorelands of lakes and ponds while protecting aquatic habitat, water quality, and maintaining the …

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RESPA, Net Neutrality and Student Debt

In the first of a video series from NAR called The Voice for Real Estate, host Stephen Gasque looks at a big RESPA fine from the federal government, the potential impact on real estate from the FCC’s proposed net neutrality rule, and NAR’s initial look at the growing student debt problem. Gasque also provides an update on NAR’s latest existing-home …

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Negotiation Tips for Realtors®

Negotiation Facts According to the 2013 Profile of Home Buyers and Sellers, • 12% of home buyers most wanted their real estate agent to help with price negotiations (p. 62). • For all buyers, 44% said their real estate agents negotiated better sales contract terms, and improved buyers’ knowledge of search areas (p. 58). Successful negotiation is based on equal …

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Agency, Property Condition Disclosures, RESPA: Legal Insights

There’s a great new real estate risk management resource available on Realtor.org. The National Association of REALTORS® Legal staff recently introduced the online quarterly Legal Pulse Newsletter “where law and statistics come together to keep you informed on real estate liability issues.” The first edition examines three areas where licensees can face liability – agency, property condition disclosures, and RESPA, …

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Young Renters Say They Want to Own, But . . .

Most younger renters think owning is a more sensible housing choice for financial reasons, according to Fannie Mae’s new National Housing Survey. Seventy-six percent of young renters, defined in this study as between 18 and 39, think owning makes more sense because they’re protected against rent increases, and owning can be a good investment over the long-term. “However, a large …

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