National News

Real estate community welcomes new Congress after 2018 midterms

With the midterm elections resulting in a split Congress, many national housing and finance organizations expressed cautious optimism for the future — though several key issues remain in question as 2018 draws to an end. The Center for Responsible

Generation Z is saving for homeownership by age 25

Generation Z is just starting to come into adulthood, but they are already preparing for homeownership, according to a realtor.com survey. The study found that those in Gen Z, those who are currently age 18 to 24, who are interested purchasing a home

National Association of Realtors installs 2019 Leadership

John Smaby was installed as 2019 president of NAR during the 2018 Realtors Conference & Expo. Smaby was the 2018 president-elect and the 2017 first vice president. Smaby has also held numerous positions nationally and with Minnesota Realtors, where

Renters more likely to struggle than homeowners to meet basic needs

Housing, regardless if you rent or buy, can be a pricey expenditure. But for renters, missing monthly payments may lead to severe consequences like damaged credit scores to being evicted. For some renters, these monthly payments put pressure on

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Houston named first Texas city for Zillow Offers

Zillow announced that it will be expanding its Zillow Offers program to Houston in early 2019, making it the seventh market in the country where the service is available and the first in Texas. Through its Offers program, Zillow

Real Estate in Brief: Millennials seek influencers in real estate, Realogy plans for expansion, real estate tech week and more

Engel & Völkers partnered with Researchscape in a study surveying over millennials on their definitions of luxury, examining factors that impact their purchasing habits and how brands and real estate professionals can appeal to this demographic of wealthy youth. The report was titled “Meet HENRY: Influencing The Next

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The top headlines from the 2018 National Realtors Conference and Expo

The National Association of Realtors hosted its annual Realtors Conference and Expo in Boston last weekend, packed with four days full of keynote addresses by the likes of Mark Wahlberg, panel discussions, workshops and much more. For those who

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Real Estate in Brief: Record-high lobbying spending driven by midterm elections, and more

The amount of third quarter spending on political lobbying is at a record high since 2010 with $2.6 billion spent and the National Association of Realtors is one of the top spenders. The total amount of money expended is up by approximately

Case-Shiller: Annual home price gains fall below 6 percent in August

The S&P CoreLogic Case-Shiller national home price index grew 5.8 percent in August, slowing slightly from the 6.0 percent gain seen in July. The 10-City composite is up 5.1 percent, while the 20-city composite grew 5.5 percent. On a

Real Estate in Brief: Opendoor’s bonus credit, hidden doorways gaining popularity, and more

 The home-trading startup Opendoor has made several changes of approach when attracting homebuyers in the Pheonix and Dallas- Fort Worth markets. The company has featured a bonus $1,000 credit to buyers who purchase Opendoor’s for sale homes in these markets; whether through an Opendoor “partner agent” or through a direct purchase on their own.

National Association of Realtors heads to Boston for 2018 Realtors Conference and Expo

The city of Boston is getting ready for the National Association of Realtors 2018 Realtors Conference and Expo, which will take place at the Boston Convention and Exhibition Center on November 2-5. More than 20,000 Realtors, experts and guests

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Realogy’s Corcoran, Climb to begin franchising deals

Real estate holding company Realogy has announced that it would begin selling franchise agreements for two of its brokerage brands, The Corcoran Group and Climb Real Estate. Corcoran is based in New York City and until now has primarily served markets

Millennials most willing to bunk with ghouls for large kitchen space and other sweet treats

Realtor.com’s annual Haunted Real Estate Report found that millennials are more willing than any other generation to sleep with what goes bump in the night, for a small bonus.  According to the 2018 survey, one in three respondents, specifically millennials, were willing

Pending home sales grow slightly in September indicating stabilization

Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5

Real Estate in Brief: The annual salaries needed for the hottest U.S. cities, patios growing in popularity and more

The financial website How Much used data from the National Association of Realtors and mortgage-information website HSH.com to find the nation’s most expensive “average-sized” homes. The study found that the median U.S. household annual income rose nearly 2 percent

Trustworthiness and quiet the most important qualities in a good neighbor

Having terrible neighbors can be an extremely negative experience for homeowners. However, luckily the vast majority of people currently believe that they have good neighbors. According to Realtor.com’s Good Neighbor Report, 77 percent of participants said they are satisfied with

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