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Single Women Defying Housing Market Trends

Appraisal Buzz

According to a National Association of Realtors (NAR) survey , many are cutting back on non-essential spending, canceling vacations, and even taking second jobs to save for a down payment and afford homeownership. The share of single women with a bachelors degree or higher has grown from 20% in 2000 to 34% in 2024. among single men.

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Virginia Realtors CEO Terrie Suit is retiring

Housing Wire

Terrie Suit, who served as CEO of Virginia Realtors for the past 11 years, has announced her retirement, according to a company announcement on Friday. Virginia Realtors, which has a membership base of 38,000, named Martin K. She has been a Realtor since 1985 and also spent 20 years in mortgage lending.

Realtors 434
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Democratic lawmakers introduce bill to boost housing vouchers for growing cities

Housing Wire

Currently, the federal formulas that allocate vouchers are based on outdated population calculations dating back to the 2000 census, the lawmakers said in an announcement of the bill that was shared exclusively with HousingWire. The National Association of Realtors (NAR) also voiced its support for the proposal in a statement.

Realtors 243
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No, Wall Street investors haven’t bought 44% of homes this year

Housing Wire

The overall market share of investors has grown since 2000 and is currently around 30%, as seen in the chart below, but the vast majority are small mom and pop investors. since 2000. Since then, Gen Xers and Baby Boomers have once again come out on top, according to the National Association of Realtors. of market share in Q2.

Investors 544
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How do you solve the California housing crisis?

Housing Wire

That represents a serious downtrend from a 50% homeownership rate in 2000. A panel of experts speaking at a recent California Association of Realtors (CAR) leadership conference laid out the scope of the problem — and some potential solutions being offered at the federal, state and local level. What’s the solution?

Law 508
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Can my agent get a better deal than others? The data says probably not

Housing Wire

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. The researchers used MLS data in Charlotte , Minneapolis and Houston between January 2000 and December 2019.

Agents 488
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How one lender is innovating to make affordable housing more accessible

Housing Wire

Since 2000, the average home appreciation rate has been 4.7%, according to the FHFA. If consumers, Realtors and builders know affordable financing exists for potential buyers, more Americans will have the opportunity to get into a new home. Since 2012, the average rate has been 7.7%. million in 20 years.* 1 non-QM lender?

Lending 458