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May 17 was a good day for real estate. Some 13,000 REALTORS® from every part of the country—and even many real estate professionals from outside the country—joined together at the Washington Monument for one of the most spirited rallies Washington has surely ever seen. NAR President Moe Veissi summed it all up when he said [......Read More
The Internet is ever-changing. We saw a reminder of that this week, when Google Chrome took the title of world’s most popular Web browser from Microsoft’s Internet Explorer. REALTOR.com, the public listings site for REALTORS®, is regularly introducing improvements to keep up with the changes. Errol Samuelson, president of ...Read More
More than 10,000 REALTORS® are expected to descend on the National Mall in our nation’s capital tomorrow morning for the Rally to Protect the American Dream, and not all of them are attending the NAR Midyear Legislative Meetings & Trade Expo. In fact, a bus left from Bismarck, N.D., yesterday morning to bring a handful [......Read More
About 13,000 REALTORS® are expected to be at the Washington Monument on Thursday, May 17, for the Rally to Protect the American Dream. If you can’t be one of them, you can participate virtually—and we hope you do. Participating in the virtual rally is easy and should be fun, too. But more than that, it’s [......Read More
NAR President Moe Veissi told a panel of U.S. senators yesterday that the last thing the housing market needs right now is another reason for lenders to decline your client’s mortgage loan application. “Tight lending standards remain a problem,” he told the members of the U.S. Senate Banking Committee subcommittee on economic poli...Read More
In April, the magazine hosted a webinar with two NAR attorneys—Ralph Holmen and Finley Maxson—in which we examined six cases and their potential impact on your business. Last week, I wrote a post on the RESPA case, Freeman v. Quicken Loans. Here’s a look at the Fair Housing case that we discussed. Remember: If you [......Read More
Closing costs in New York state are high, so you can imagine that coming up with the money for first-time buyers is a challenge. That was a problem the New York State Association of REALTORS® identified several years ago, and it took steps to do something about it by creating the NYSAR Foundation and its [......Read More
You’ve been hearing a lot about NAR’s Home Ownership Matters campaign over the last year and a half. It’s all about letting lawmakers and policymakers in Washington know that home ownership is a bedrock value of our country and any reforms to stop problems like the toxic loan practices that upended the market four years [......Read More
It’s the QM rule’s turn in the spotlight, and so far a federal proposal raises concerns If you’re applying for a loan, what determines whether or not you can repay that loan? That’s what a federal regulator is trying to determine right now, and based on a proposed rule they’ve written, they’re thinking about sett...Read More
Earlier this month, the magazine hosted a webinar with two NAR attorneys—Ralph Holmen and Finley Maxson—in which we examined six cases (including one still pending) and their potential impact on your business. Some of you have said you’d like to see a written summary rather than listen to the 60-minute session. Fair enough! Because the [......Read More
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