NAR News Releases

Real Estate Daily News

• NAR Summit: What 2021 Has in Store for the Economy December 2, 2020
  The association’s virtual Real Estate Forecast Summit, to be held Dec. 10, will feature leading economists’ market predictions for the next year.
• Sellers Likely to Keep Market Advantage Next Year December 2, 2020
  Home prices will continue to rise amid strong buyer competition and low inventory, boosting sellers’ profits, realtor.com® researchers say.
• Will Mortgage Rates Continue to Fall This Month? December 2, 2020
  They’ve have hit new record lows 13 times this year, the latest in November. An NAR economist predicts whether the trend will reverse soon.
• 50 Small Towns With Big-City Home Prices December 2, 2020
  Some of the nation’s priciest real estate markets are in areas with a population of less than 50,000, a new study finds.
• Why Buying Is Tougher for Millennials Than Their Elders December 2, 2020
  The Urban Institute estimates that 3.4 million more young people would be owners today if they purchased at the pace their parents once did.
• Why Open Houses Still Have a Bright Future December 1, 2020
  “Open houses are still relevant, regardless of how good videos, VR, and 360-degree photography get,” says one exec.
• The Condo Market Is Rebounding December 1, 2020
  For buyers being squeezed out by rising single-family home prices, condos offer a chance for homeownership in big cities.
• Where Rooftop Solar Panels Are Worth the Money December 1, 2020
  An analysis of the cost-effectiveness of solar panels on new homes in five markets reveals some surprising findings.
• FTC Sues CoStar to Block RentPath Acquisition December 1, 2020
  In its complaint, the Federal Trade Commission alleges the acquisition will eliminate price and quality competition for renters and property managers.
• Investors Vie for Build-to-Rent Single-Family Homes December 1, 2020
  Subdivisions featuring single-family rental homes are emerging as a more affordable option for those seeking extra space in the suburbs.

Florida Realtors® News

• FTC Sues CoStar to Block RentPath Acquisition December 2, 2020
  The Federal Trade Commission’s lawsuit to block CoStar Group Inc.’s acquisition of competitor RentPath Holdings alleges that the deal will eliminate competition.
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• Next HUD Secretary Is Inheriting a Big Affordability Crisis December 2, 2020
  HUD will change hands under a new administration, and housing affordability will be a key challenge for any new secretary facing a pandemic-fueled uptick in evictions.
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• 2 State Realtor Groups Sue Over ‘Unconstitutional’ Eviction Ban December 2, 2020
  Alabama and Georgia Realtors are suing the Trump Administration, saying the CDC’s eviction ban unilaterally shifted economic burdens from renters to landlords.
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• U.S. Construction Spending Jumps 1.3% in Oct. December 2, 2020
  Single-family home construction saw an even bigger increase – 5.6%, according to the Commerce Department. Oct. spending exceeded analysts’ expectations.
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• ‘Tis the Season for Predictions: Realtor.com Is First December 2, 2020
  Economists predict a 5.7% U.S. price increase and 7% growth in sales, but a closer look at 9 Fla. metros finds varying predictions. They range from a projected 1.5% sales growth (4.3% price) in Cape Coral-Fort Myers to 11.6% sales growth (4.7% price) along the Space Coast.
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• NAR’s Fairhaven: An RE ‘Game’ Focused on Fair Housing December 2, 2020
  In a town that exists only in cyberspace, Realtors work against the clock to sell homes but face a challenge: They confront discrimination along the way.
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• Fla. Consumer Confidence Drops 3.5 Points in Nov. December 1, 2020
  UF economist: Most pessimism stems from negative views of current personal financial situations – plus most Floridians expect only a slow U.S. recovery.
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• Despite Federal Ban, Renters Are Still Being Evicted December 1, 2020
  The CDC eviction ban that ends Dec. 31 hasn’t stopped all evictions. Many renters don’t ask for it because they don’t know they’re protected, and the rule’s tight focus on pandemic-caused problems allows landlords to keep evicting tenants for a range of other reasons.
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• Business Coalition Has Wish List for 2021 Florida Legislature December 1, 2020
  The list advocates for many Realtor-backed issues, including a limit to COVID-19 liability lawsuits and a reduction of the tax on leased or rented commercial property.
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• Uncertainty Over the Future of Offices Worries Market December 1, 2020
  Pre-pandemic, tech firms had water-cooler, collaboration vibes; the focus now is permanent work-from-home options. How will that impact offices, cities and suburbs?
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