This Week In Real Estate: NAR Bans Zillow, Inventory Issue Hamper Spring Homebuying And More

This spring homebuying season could be a difficult one for first-time buyers, but Ten-X Residential Real Estate’s Nowcast projects continued growth in existing-home sales. Stay up to date on the latest real estate news with our weekly roundup:

  • This spring homebuying season could be a difficult one for first-time buyers and middle-income consumers in many of the nation’s largest housing markets, according to a recent analysis from Zillow. Find out which housing markets are facing the largest inventory issues here.
  • Ten-X has released its latest Ten-X Residential Real Estate Nowcast, which projects continued growth in existing-home sales for May. Read what Ten-X Chief Economist Peter Muoio has to say about how economic progress is aiding housing here.
  • The National Association of Realtors holds a number of events aimed at elevating its membership by introducing them to the cutting edge of the industry – the latest strategies, the trends and the technologies. But this year, Zillow Group is not welcome at any of them. Learn more about the legal situation between NAR and Zillow here.
  • Across the country, the salary needed to live in the largest metro areas has fluctuated in 2016, according to a new report from HSH.com. How much money do your clients need to purchase a home in your metro area? Find out here.

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