Five reasons consumers are ending their home search

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National Association of Realtors
September 17, 2021
 

Why Buyers Are Giving Up

Ongoing uncertainty around the COVID-19 pandemic and an “intimidating” market serve as roadblocks to a home purchase, according to a new survey.
Boost Your Listing Game! It’s never been more important to crush your listing game and target seller leads! In this free, downloadable tipsheet, you’ll learn three seller-focused strategies for driving more business in a tight-inventory market. Download now.

Rising Demand Pushes Rents to Double-Digit Growth

With offices reopening, workers are eyeing a return to the city and have needs for new living spaces.

Report: America Is Short 5.24M Homes

More listings are coming, but they won’t fill the housing gap that’s making it difficult to meet the nation’s real estate needs, a new study shows.
Register for the upcoming two-part REALTOR® Safety webinar on 9/15 & 9/16 at 1 PM CT, and learn how implementing safety best practices is good for you and your business.

30-Year Mortgage Rate Inches Down to 2.86% This Week

However, NAR predicts rates will rise to 3.5% by mid-2022 as the Fed likely will start reducing its bond purchases soon.

Florida Landlord Requires Tenants to Get Vaccinated

The rule could rile state officials, who have threatened fines against entities requiring proof of vaccination as a condition of service.
Evolve your brand and increase client engagement with .realtor™ and .realestate web addresses. Claim your name at www.get.realtor.

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A few months ago, most homes could have fetched 10 to 20 offers. Now it’s more like one to five. So, what’s going on, and what does it mean for your clients?
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