At the National Association Board of Directors meeting on November 11, 2019, major changes to MLS rules and the Code of Ethics training requirements were adopted: Clear Cooperation Policy: All listings will have to be put into the MLS system within one business day of when they are first marketed in any form to the general public. MLSs have until … [Read more...]

Many home sellers are forgetting to hide their prescription drugs prior to an open house, warn real estate professionals. Besides staging, decluttering, and stowing away jewelry of valuables, home sellers are overlooking the need to tuck prescription drugs away from medicine cabinets and drawers, they say. A recent article at realtor.com® warns of … [Read more...]

The National Association of REALTORS has begun a new exclusive partnership with Columbia College in Columbia, Missouri, to offer expanded access to academic programs to association members. With the agreement, Columbia College will become the exclusive higher-education partner for more than 1.3 million NAR members, providing opportunities for them … [Read more...]

Across age groups, consumers believe that purchasing a home is a solid investment, according to a new survey from Porch.com, a home remodeling website. They're upbeat even though many particularly the youngest generation believe that they will face another housing crisis in their lifetime. CLICK HERE TO READ MORE!! … [Read more...]

Mortgage financing giants Fannie Mae and Freddie Mac released a redesigned mortgage application form this week, after the agency that oversees them ordered a change to remove certain questions over language preference and housing counseling information from the previous version. The Uniform Residential Loan Application is a standardized form used … [Read more...]

Home sales remain stubbornly low in the face of ongoing inventory shortages and high buyer demand, says Lawrence Yun, Chief Economist for the National Association of REALTORS. Yun says the "unbalanced" housing market is to blame for a decline in existing-home sales in September, with all four major regions of the country posting declines. Even low … [Read more...]

The economy shows signs of sluggishness, but not the housing market, according to a new report released this week from the Federal Reserve Bank of New York. Consumer spending is softening and wage growth is "moderate," but the housing market has rebounded, the Fed says. "Housing activity indicators displayed further gradual improvement in August," … [Read more...]