National Association Of Realtors Bans Pocket Listings The National Association of Realtors has officially banned the use of pocket listings. The NAR board of directors voted 729-70 on Monday to ban the controversial practice. The NAR stated the practice was controversial because it allowed agents to select who the property is sold to. Pocket listings […]
Gap In Housing Market Between Home Prices And Income Point To Recession By 2020 Election The housing market is signaling there will be an economic recession by the 2020 election. Council on Foreign Relations Director of International Economics Benn Steil joined JPMorgan Chase CEO Jamie Dimon predicting a recession: Looking back at the years preceding […]
Foreign Buyers Bolt From American Housing Market In California And Florida Amid Trump Mental Instability Foreign buyers buying American real estate purchases plummetted to $77.9 billion from March 2018 through March 2019. This down 36% from the previous year and the finger is being pointed directly at the Trump Administration. The National Association Realtors says […]
Existing Home Sales Plummet By Double Digits In December. NAR Downplays Effect Of Government Shutdown. Existing home sales plummeted by double digits in December compared to the year before. Both October and November saw gains in existing home sales. Yet, that all abruptly changed according to the latest Existing Home Sales report from the National Association of Realtors. Total existing […]
Realtor Group Says Housing Sales Down 25% Due To Government Shutdown. Groups Demand End To Shut Down! The National Association of Realtors released its assessment of the shutdown’s impact on real estate. The Realtor group estimates the shutdown is having an impact on about 25% of home sales. The government shutdown is affecting 11% on current clients. […]
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