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Overblown rumors of demise? NAR has lost only 45K members since December

Housing Wire

The National Association of Realtors (NAR) reported that it had 1,509,195 members at the end of April, a decline of 2.96% from the 1,554,604 members it had at the end of 2023 but higher than its numbers in February and March. million in October 2022 before gradually declining. Realtors who have paid their membership dues by Jan.

Realtors 298
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The secondary market is primed to rise in 2022

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. All signs point to continuing upward pressure on interest rates in 2022. by the end of 2022.”. With rates rising, housing-?nance nance reform.

Marketing 413
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The current challenges to increasing the homeownership gap

Housing Wire

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. April was National Fair Housing Month. In February, NAR in partnership with Realtor.com released The Double Trouble of the Housing Market report.

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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. trillion in 2022, a $78 billion decline from last month’s forecast. The mortgage market is projected to slip further to $1.3 million in 2022 and 3.93

Contracts 414
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2023 RealTrends real estate brokerage rankings show growth in low-cost firms

Housing Wire

2022 was a roller coaster year, continuing the strong pandemic and post-pandemic fueled housing market through the first half of the year. Then, in the third quarter, we saw an abrupt stop to the record-breaking housing market. 4 with 355,627 transaction sides in 2022 to No. of all Realtors.

Brokerage 360
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Lenders target growing Hispanic homeownership market

Housing Wire

A Spanish website and mortgage applications tool to help Hispanics overcome language barriers went live this week by CrossCountry Mortgage. The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes. billion in loans.

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MC Mortgage Group joins UMortgage platform

Housing Wire

Stoy’s expertise has been recognized as he was named a UWM Top 1% Broker and a Top-100 Purchase LO with UWM in 2022. I’m incredibly excited to see what they’re able to achieve with the tools and resources available at UMortgage!”

Mortgage 324