From REALTOR® Magazine <[email protected]>
Subject Mortgage Applications Are Falling
Date June 2, 2022 7:09 PM
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Overall mortgage demand has fallen to its lowest level since 2018

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National Association of REALTORS®
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June 2, 2022


Mortgage Applications Are Falling
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“Demand is high at the upper end of the market, and the supply and affordability challenges are not as detrimental to these borrowers as they are to first-time buyers,” one economist says.


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Home Prices Soar to New Record High
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Even as housing inventory increases, prices continue to set new highs.


Poll: Homeownership Bigger Achievement Than Career Success
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Seventy-four percent of Americans say owning a home is a better gauge of prosperity than having a good career or raising a family.


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Fairhaven, a town every REALTOR® should visit

Fairhaven, NAR’s fair housing simulation training for REALTORS® uses the power of storytelling to help members identify, prevent, and address discriminatory practices in real estate.

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Americans Feel Squeeze From High Inflation
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More than a third of consumers who earn $250,000 a year say they are living paycheck to paycheck.


Are More Zombie Homes Haunting the Market?       
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Vacant “zombie” properties are rising as foreclosure activity increases across the country. Equity may help homeowners reverse the trend.


We Recommend


FREE Webinar: Broker Power Hour
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Join NAR’s Broker Engagement Team for a free Broker Power Hour on Tuesday, June 7 at 12:00 p.m. CT. Leading experts will present Hot Topics in Broker Risk Reduction! To access the session materials or recording, please register no later than Monday, June 6th. Register now. [link removed]


Using Your Voice as a REALTOR®
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Two pros who helped NAR secure pandemic-era housing protections tell the Drive With NAR [link removed] podcast how you can fight for your clients more effectively.


What You Missed When REALTORS® Took Over D.C.
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From residential and commercial real estate predictions to finding solutions to the inventory shortage, we've got all the top takeaways from the REALTORS® Legislative Meetings. Visit REALTOR® Magazine Live [link removed] for all the news and views from the event.


From Our Blogs


STYLED, STAGED & SOLD

5 Hottest Hues for the Bathroom
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Even the smallest spaces can be enhanced with the right color scheme.


YPN LOUNGE

5 Things Agents Can Do in Times of Uncertainty
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We’re seeing rising interest rates, high levels of inflation, and predictions are of “doom and gloom” for the real estate market and economy at large. Start making plans for various scenarios.


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