Continued low levels of housing inventory, combined with record-low mortgage rates spurring housing demand, caused an increase in median sales prices for existing single-family homes in all but one of 183 measured markets during Q2 2021.
The partnership will provide $50 off full-service junk removal for NAR members, their families, their clients, and national, state, and local association staff.
The collective donation announced today is the largest such commitment in the Foundation's history and has helped the campaign to raise more than $5.8 million of its $8.5 million goal.
The five Volunteering Works recipients, who work on small-scale charitable efforts, will receive a $1,000 seed grant and a year of one-on-one mentoring from a member of the Good Neighbor Society.
From April 2020 through March 2021, foreign buyers purchased 107,000 properties, down 31% from the prior year, as the COVID-19 pandemic led to a strong global economic contraction and a decline in international tourist and business arrivals.
Twenty Realtors® from across the country have been chosen to participate in the 10-month program preparing emerging state and local volunteers for future leadership positions at NAR.
The virtual policy forum went in depth on research commissioned by NAR and authored by the Rosen Consulting Group, which found that the U.S. in the midst of an "underbuilding gap" of around 6 million housing units dating back to 2001.