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Nearly nine in 10 Realtors® are independent contractors and typically don’t have access to traditional employer-provided benefits, such as retirement savings plans. To help them better secure their financial futures and reach their retirement savings goals, the NAR has selected Bank of America Merrill Lynch to develop a financial wellness program with customized benefits for members.
Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable real estate prices, according to Lawrence Yun, National Association of Realtors® chief economist.
The Federal Housing Administration fills a critical need for millions of homebuyers every year, but more can be done to put FHA loans closer in reach for creditworthy buyers.
Elizabeth Mendenhall, incoming 2018 NAR president, shared at a news conference today that the association is working hard to harness the power of its 1.3 million members to deal with the most pressing industry and market issues ahead, and there are significant consequences for inaction.
The steadily improving U.S economy, sustained job growth, and rising confidence that now is a good time to buy a home should pave the way for an increase in existing-home sales in 2018, but continued supply shortages, and passage of a tax bill that disincentives homeownership, threaten to handcuff what should be stronger activity.