Market Competition Drives Sellers to Alternative Tech Options
Current market conditions have made selling a home easier than ever before. Experts say, however, it has also left fearful, would-be sellers searching for alternative means to get into a new house once becoming buyers amid the market competition. “In some markets with intense multiple offers, the best offer is no longer the highest price […]
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Biden Pushes CDC to Establish New Eviction Moratoriums in COVID-19 Hot Spots
On Tues., Aug. 3—just a few days after the federal eviction and foreclosure moratoriums expired—a new ban on evictions was imposed. The new order protects renters until Oct. 3 and is effective in areas of the country where COVID cases are rapidly increasing. “The emergence of the Delta variant has led to a rapid acceleration […]
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Vacation Home Sales Surge
Vacation home sales have been hot during the pandemic, according to the National Association of REALTORS®’ (NAR’s) recently released 2021 Vacation Home Counties Report. In 2020, vacation home sales rose by 16.4%, outpacing the 5.6% growth in total existing-home sales. Vacation home sales have continued to pick up from January through April 2021, rising by […]
Diminishing Distress? More Households Made Housing Payments in Q2 2021
Slightly under 5 million households did not make their rent or mortgage payments in Q2 of 2021, according to a new study by the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA). “Housing-Related Financial Distress During the Pandemic” reported that 8.6% of renters (2.86 million households) missed, delayed or made a reduced payment […]
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Rocket Companies Launching Into Solar Energy Industry
Rocket Companies will now be tackling energy efficiency by entering the solar energy industry. There have been more than 2 million solar installations in the U.S., with panel installation reaching a record high in 2020, according to a joint study released earlier this year by the Solar Energy Industries Association and Wood Mackenzie. The study […]
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Be Intentional With Your Social Media Approach
NAR PULSE—Integrating a clear and deliberate approach to social media can expand both your business and network. For this month’s Conference Year-Round (CYR), Scott Shapiro, industry relations lead at Facebook and Instagram, will share how a local narrative and value proposition can positively impact your business. 21 Tips to Spice Up Listing Presentations First […]
Roof Leaks: Why You Cannot Ignore Them
Roof leaks are one of the leading causes of preventable property damage. A leaking roof is disruptive and costly, and can eventually cause mold, damage to interior finishes and even structural damage. While it’s true that older roofs or those in disrepair are at greater risk for leaks, one of the most common causes of […]
Rocket Mortgage Named Top Mortgage Servicer by J.D. Power
Rocket Mortgage was named the nation’s top mortgage servicer for client satisfaction by J.D. Power for the eighth year in a row—every year it has been eligible for the accolade. Rocket Mortgage servicing manages a homeowner’s mortgage from closing until the loan is paid off. This includes collecting monthly mortgage payments, paying taxes and insurance […]
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State of the Market: Brokers Prepare for ‘Second Wave’
This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses the state of the market and how brokers are preparing for another boost in activity this fall. Moderator: Cindy Ariosa, Senior Vice President, Regional Manager, Long & Foster Real Estate, Chantilly, Virginia, Special Liaison for Large Firm and Industry Relations, NAR Panelists: Neil […]
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Dottie Herman Steps Down as CEO of Douglas Elliman
New York and the surrounding areas have experienced a shift in executive leadership for a prominent brokerage brand, Douglas Elliman. Dottie Herman stepped down as CEO of the company, with Scott Durkin, the brokerage’s president and chief marketing officer, taking on the role effective immediately. “It is a thrill to pass the CEO title to […]
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