News / Features

Revive wins NAR Pitch Battle

The National Association of Realtors® has named Revive as the winner of the 2022 Innovation, Opportunity & Investment (iOi) Summit “Pitch Battle.”

National home prices see first monthly drop since January 2019, S&P CoreLogic Case-Shiller Index shows

Home prices showed a month-over-month deceleration from June to July, the first such drop in three and a half years.

NAR: 2022 Member Safety Report for residential real estate

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

NAR: High mortgage rates bring third monthly decline in pending-home sales 

The National Association of REALTORS® expects existing-home sales to close 2022 15.2% lower compared to 2021, thanks to economic uncertainty and rising mortgage rates. 

Bidding wars fall to lowest level since April 2020

In Houston, 36.7% of Redfin offers faced competition in August

Christopher O’Neill named new executive vice president of development for The NRP Group

O’Neill will now oversee The NRP Group’s expansion efforts in Austin, Dallas-Fort Worth and Houston, as well as new western markets like Arizona and Colorado.

Metro Midtown has changed ownership

Civicap Partners has purchased Metro Midtown, a 419-unit luxury complex in downtown Houston, according to Multi-Housing News.

New-home sales post unexpected rebound in August 

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

NAR partners with National Forest Foundation to plant 1.575 million trees

NAR and the National Forest Foundation (NFF) plan to plant 1.575 million new trees by the end of 2025, thanks to a $1.575 million donation from NAR. That many trees will reduce 750,000 metric tons of carbon in the atmosphere — the equivalent of 145,931 homes’ yearly electricity use.

Guaranteed Rate unveils new Spanish-language mortgage program

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

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