Spread the Word: 5 Things Renters Should Know About Owning

National Association of Realtors®
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NATIONAL ASSOCIATION of REALTORS®


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August 18, 2016



August 18, 2016


FEATURED STORY


5 Things Renters
Should Know About Owning

NAR
 
Renters don’t always realize the shift in mindset they need to make on the road to becoming happy homeowners. Here are five things — from the financial changes that come with owning to new neighborhood rules — you’ll need to help some renters understand.



New Survey: Buying with Kids

Find out nuances in the purchase process in NAR’s just-released survey, “Buying with Kids.”


Many Want to Own But Can’t

Positivity about owning a home is high, but affordability continues to be a speed bump.



Get Latest Legislative News

@NARGovtAffairs is your new way to stay on top of legislative and regulatory happenings.






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Don't just stay in touch with your clientsÂ…stay connected! Almost 75% of marketing materials make a quick trip to the trash unread. Send something they'll want to read. Click for a FREE Home by Design sample.





INDUSTRY NEWS FROM REALTOR® MAGAZINE

Brace Your Buyers for Bidding Wars Here
Gray Becomes the ‘It’ Paint Color in Interiors
Median Home Price Tops $1 Million Here
Renovation Tips to Attract Millennial Buyers
Neighborhood Features That Drag Down Prices





RESEARCH & STATISTICS

Survey Sheds Light on Buying with Kids
The home search for many households with school-aged children is still going strong into the fall. A new NAR survey, “Buying with Kids,” reveals that finding the right property is the hardest task for 53% of buyers with children. Read more, including your value in this challenging process for buyers.

Many Want to Own But Can’t Afford It
Positivity about owning a home is high, at 87%, according to the latest HOME survey. However, becoming a homeowner is still out of reach for some. Affordability continues to be a speed bump on the road to homeownership. Find out where the crunch is most acute.

TRID Transaction Delays Ease Further
Non-QM lending remained in a slump in the second quarter despite a modest improvement in investor demand. But the share of transactions delayed due to TRID eased further to 1.7%. Read more from the latest mortgage originators’ survey.

Q2 Investment Sales Rise Significantly
Commercial investments in small-cap markets rose, and investment sales increased 8.4% in the second quarter of this year when compared with the same period last year. Read more from the latest commercial market survey

Hot Summer Market? See why Jonathan Smoke, realtor.com® Chief Economist, says the market will continue to see gains throughout the summer.





LEGAL

That Foul Odor? It Wasn’t “Sea Air”
Read what a California appellate court says about the damages suffered by a purchaser who was told by a real estate pro that a strange smell was sea air. It turned out to be coming from a septic tank and an oil tank buried on the property.





LEGISLATIVE & REGULATORY

NAR Talks Drones at White House Event
NAR was the only real estate-related group invited to participate in a White House workshop on the future of drones and aviation. Watch a recording to hear government and industry experts share their insights on the opportunities and challenges drones pose.

Follow Government Affairs on Twitter
Stay on top of legislative and regulatory happenings in Washington, D.C., by following NAR Government Affairs’ new Twitter handle — @NARGovtAffairs.

HUD Clarifies REO Properties’ Valuation
HUD has released a final rule stating the listing price for its REO properties can be determined by a variety of valuation methods: BPOs, AVMs, and traditional appraisals. Find out more.

Feds Launch Internet of Things Inquiry
NAR expects to participate in a process to be launched this fall by the U.S. Commerce Department to explore Internet of Things security and upgradeability. IOT is the concept of basically connecting any device with an on and off switch to the Internet or other devices. Read more.





COMMUNITY PROGRAMS

Plan Now for Winter BGCA Event
Get a jump on planning a winter event with your local Boys & Girls Club. From hosting a coat drive to arranging a surprise visit from Santa, reach out to your local club to find out how you can make a difference in a kid’s life and in your community this holiday. Find the club nearest you now.

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Don't just stay in touch with your clientsÂ…stay connected! Almost 75% of marketing materials make a quick trip to the trash unread. Send something they'll want to read. Click for a FREE Home by Design sample.


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Hot Summer Market? See why Jonathan Smoke, realtor.com® Chief Economist, says the market will continue to see gains throughout the summer.




MORE FROM NAR





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REALTOR.org/Store - the only place for hundreds of top industry products at great prices.





MARK YOUR CALENDAR



Aug. 30-Sept. 4, 2016: International REALTOR® Conference



Interact in Incheon, South Korea, with NAR’s Asia-Pacific partners to expand your business relationships.



Nov. 4-7, 2016: REALTORS® Conference & Expo



Be sure to be there. Start planning for NAR’s biggest event now.



March 31-April 2, 2017: National Land Conference



Plan now to be in Charlotte, N.C., for the REALTORS® Land Institute’s main event.




Questions? We’re here to answer and guide you to all the information you need

The Military Relocation Professional (MRP) Certification will give you the skills for working with active duty military buyers and sellers, as well as veterans. Be the Military Relocation Professional to serve the needs of those who serve our country.

Save time and money, grow your business and gain a competitive edge with discounts and special offers from the REALTOR Benefits(R) Program.

REALTOR.org/Store - the only place for hundreds of top industry products at great prices.

The Military Relocation Professional (MRP) Certification will give you the skills for working with active duty military buyers and sellers, as well as veterans. Be the Military Relocation Professional to serve the needs of those who serve our country.

Save time and money, grow your business and gain a competitive edge with discounts and special offers from the REALTOR Benefits® Program.


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