Associations

How does credit scoring impact fair lending and minority home ownership?
How does credit scoring impact fair lending and minority home ownership?

“A credit report and credit score are the gateway to a mortgage,” — NAR President Charlie Oppler.

Who made up the National Association of Home Builders in 2020?
Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

NSBAR joins forces with NICAR
NSBAR joins forces with NICAR

The two real estate associations are teaming up to make a variety of services available to each other’s members.

Chicago Association of Realtors hosts panels for Women’s History Month
Chicago Association of Realtors hosts panels for Women’s History Month

In an industry where women outnumber men almost two to one, there’s still work to be done, according to three of Chicagoland’s top women broker-owners at a forum held by the Chicago Association of Realtors in recognition of Women’s History Month.

Pending home sales dip in February in the Midwest
Pending home sales dip in February in the Midwest

“The demand for a home purchase is widespread, multiple offers are prevalent, and days-on-market are swift, but contracts are not clicking due to record-low inventory.” — NAR Chief Economist Lawrence Yun

NAR: ‘Don’t panic, keep contracting’
NAR: ‘Don’t panic, keep contracting’

The National Association of Realtors sends a message to members that it is working to ensure that the proposed Protecting the Right to Organize Act will not hurt their status as independent contractors.

New home sales slide nationwide
New home sales slide nationwide

Much of the year-over-year increase in home sales was supported by continued robust activity in the Southeast, which saw a 20.2% rise to an annual rate of 458,000 transactions.

NAR: Midwestern home prices up 14%
NAR: Midwestern home prices up 14%

“Despite the drop in home sales for February — which I would attribute to historically-low inventory — the market is still outperforming pre-pandemic levels.” NAR Chief Economist Lawrence Yun

Mainstreet Organization of Realtors reports home sales up nearly 20%
Mainstreet Organization of Realtors reports home sales up nearly 20%

Chicagoland detached homes spent 78 days on the market, and attached homes were on the market an average 67 days.

Millennials dominate homebuyer market as Gen Z enters
Millennials dominate homebuyer market as Gen Z enters

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

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