The evolving technological landscape, competition from nontraditional market participants and housing affordability continue to be among the biggest challenges facing real estate firms in the next two years.
However, the vast majority of firms are still hopeful about what lies ahead for the market, according to a new report by the National Association of Realtors.
Read on for details from NAR’s 2019 Profile of Real Estate Firms.
Housing discrimination continues to be a concern for the LGBT community, according to a recent report from the National Association of Gay & Lesbian Real Estate Professionals (NAGLREP).
The LGBT Real Estate Report provided an in-depth look at the nation’s LGBT homebuyers, sellers and renters, and examined the continued impact of the 2015 Supreme Court’s Marriage Equality Ruling on the real estate industry.
Read on for key takeaways from the study.
The U.S. Department of Housing and Urban Development has been cracking down on housing discrimination against disabled tenants, multi-generational families and people of color.
HUD recently settled discrimination claims by Minnesota and California housing providers for offering multicultural families less favorable rental terms, refusing to rent to a disabled tenant with an emotional support animal and retaliating against a couple who asked that mold be removed.
Read on to see details from the consent orders and conciliation agreements.
Emerging technologies, data-driven startups and discount brokerages are threatening the traditional Realtor model.
But despite these challenges, real estate agents remain very much in need in the home-selling process, according to a new survey.
Read on for highlights of Clever Real Estate’s poll, which was undertaken to get a clearer picture of the evolving role of the real estate agent – and the mindset of home sellers in 2019.
As the lackluster purchase market trend continues with no end in sight, mortgage lenders are struggling to remain profitable.
But industry advisory firm Stratmor Group has some tips to help lenders stabilize in this environment and build a foundation for future growth.
Read on for critical objectives to help your bottom line while optimizing the borrower experience, renegotiating long-term contracts and evaluating compensation plans.
The National Association of Realtors (NAR) and 27 other industry groups are urging acting Federal Housing Finance Agency (FHFA) director Joseph Otting to prioritize Fannie Mae and Freddie Mac reforms that promote access and affordability in the mortgage market.
The groups stressed that any reform must seek to preserve what works in the current system while avoiding unintended adverse consequences for borrowers, lenders, investors or taxpayers.
Read on for details from the letter.
Department of Housing and Urban Development Secretary Ben Carson announced that Bart Schwartz will be named to serve as a federal monitor to ensure the New York City Housing Authority satisfies the conditions of a recently announced agreement to correct chronically poor housing conditions endured by its residents.
Schwartz is the former head of the criminal division of the U.S. District Court for the Southern District of New York.
Read on for more about the responsibilities Schwartz will have in the new role.
Shortly after William Barr was confirmed as the new U.S. attorney general, the Credit Union National Association sent him a letter regarding how the Americans With Disabilities Act (ADA) applies to websites.
The issue has been at the forefront of advocacy for credit union trade associations, whose members have been battling hundreds of lawsuits accusing the credit unions of violating Title III of the ADA related to website compliance.
Read on for more about the latest request.
Industry associations are urging the Senate to quickly confirm a former National Association of Realtors (NAR) economist to lead the Federal Housing Finance Agency (FHFA).
Mark Calabria, who currently serves as the chief economist for Vice President Mike Pence, testified Feb. 14 before the Senate Banking Committee.
Read on to learn why groups including NAR and the National Association of Federally-Insured Credit Unions want Calabria to head the FHFA.
Last week’s passage of a bipartisan federal bill to fund the government through the end of the fiscal year to avoid another partial government shutdown will have multiple effects on agencies that oversee the financial services industry.
For instance, Section 746 of the bill contains a new requirement for the Consumer Financial Protection Bureau.
Read on for more on that and other ways the bill will affect different aspects of the industry.
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