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April 20, 2023
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Top News
Purchases of existing properties fell in March as buyers show extreme sensitivity to fluctuations in borrowing costs. Read more from NAR's latest housing report.
Full Story: REALTOR® Magazine (4/20) 
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Best Practices in Sales & Marketing
Spring showers may bring flowers, but they also might cause flooding in basements, crawl spaces and weakened foundations. Here's how to help homeowners prepare and prevent that.
Full Story: REALTOR® Magazine (April 28, 2022) 
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The most forward-thinking companies are giving their workers more freedom, which is leading to greater opportunities for growth, writes Chris Kay, CEO of Saatchi & Saatchi. Creativity that results in real growth is becoming essential to businesses overcoming challenging times, according to a Deloitte survey of 1,015 executives.
Full Story: Fast Company (tiered subscription model) (4/18) 
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Real Estate Trends
Interior design experts are turning to sandy beige, light blue and plaster pink as alternatives to gray as a neutral color for rooms.
Full Story: Livingetc (4/19) 
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BCITO Te Pukenga, the New Zealand Institute of Skills and Technology, has recognized a Sumner, Christchurch project by architect Greg Young with its Excellence in Residential Concrete Award. Designed for durability and thermal efficiency, the judges admired the insulated and exposed concrete that uses thermal mass to optimize the passive solar design.
Full Story: Stuff (New Zealand) (4/19) 
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Technology & Innovations
Special-purpose acquisition company Nova Vision Acquisition plans to merge with Real Messenger, a startup that works to connect real estate sellers, buyers and agents.
Full Story: Orange County Business Journal (Irvine, Calif.) (4/17) 
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Business Wellness
Find a new way to manage your time
(Pixabay)
Does your schedule feel overwhelming? Do a better job of accomplishing tasks through one of these 19 time-management apps reviewed by Hubspot's "Hustle."
Full Story: HubSpot (4/18) 
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News from NAR
He had a global reach teaching the principles of real estate and leading the effort to quash a threat to the mortgage interest deduction.
Full Story: REALTOR® Magazine (4/20) 
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Fair & Equitable Housing
ATTOM is tracking the rise in foreclosures that has gone on unabated since the end of government mandated homeowner protections enacted at the start of the coronavirus pandemic. New York, Chicago and Los Angeles topped the list of larger U.S. cities seeing the highest number of foreclosures.
Full Story: Los Angeles Daily News (4/19) 
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Legislation & Regulation
Fidelity Investments chair Romain Boscher says a "true and visible credit crunch" remains the "biggest threat" facing the economy. Boscher told an industry event that tightening credit stemming from the bank failures in March has yet to work its way out of the financial system.
Full Story: Reuters (4/19) 
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The White House is carefully monitoring commercial real estate conditions, Jared Bernstein, a member of the White House Council of Economic Advisers, said at a Senate committee hearing. During the hearing, Sen. Mark Warner, D-Va., discussed the amount of outstanding commercial debt that is linked to real estate and pointed to dislocation in the market. "That is a relevant, germane concern," Bernstein noted.
Full Story: Reuters (4/18) 
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About The National Association of REALTORS®
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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