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2024 NAR NXT ROUNDUP
NAR forges forward with culture enhancements As of Monday, NAR adopted 11 culture-centered recommendations. NAR's Executive Committee and Board of Directors approved the recommendations during governance meetings. The recommendations continue a shift that has been actively underway since October 2023. Full Story: REALTOR® Magazine (11/11)
What's next for the 2025 housing market? NAR economists weigh in on home sales and mortgage rates—and how the election results, the economy and changing buyer demographics could impact your real estate business in the year ahead. Full Story: REALTOR® Magazine (11/11)
CRE loan originations surge year over year in Q3 There was a 59% increase in commercial and multifamily mortgage loan originations in the third quarter of 2024 compared with the same period during the prior year, according to the Mortgage Bankers Association. Nearly all property types saw an increase in loan volume, with health care loans gaining 510% year over year. Full Story: Connect CRE (11/8)
Digital tech transforming real estate globally The real estate industry in India is experiencing significant digital transformation, with most businesses investing in digital solutions. This shift, accelerated by the pandemic, includes virtual tours, digital contract signing and advanced property management software. Data analytics and technologies like blockchain, AI and IoT are enhancing efficiency and customer experience, making digital adaptation essential for staying competitive. Full Story: Construction Week (11/11)
When you're frustrated by a team member, avoid the temptation to paint them as a villain by realizing that we're all the hero in our own life story acting in ways we think are beneficial, writes executive coach Ed Batista, which can give us the perspective we need to form collegial relationships, even with rivals. "We can protect our interests and work toward our goals in a competitive environment while viewing other parties realistically and dispassionately," Batista writes. Full Story: Ed Batista Executive Coaching (11/7)
Denver voters reject affordable housing measure Denver voters have rejected Measure 2R, an affordable housing initiative backed by Mayor Mike Johnston. The measure aimed to raise $100 million annually through a sales tax increase to fund affordable housing projects. Full Story: KUSA-TV (Denver) (11/9)
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The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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