Newsroom
Welcome. The RCAR Newsroom is designed for members of the media seeking real estate market updates for the Cleveland area and 5 surrounding counties, including home sales statistics, as well as general news from RCAR and information about the area REALTORS®. Reporters, editors and other members of the media should direct all requests and inquiries to the RCAR CEO via phone at 423.476.5912 or by email at Lisa@RiverCounties.com.No Income Non-Owner 80 LTV Taking Over
Click the graphic
Getting Reviews for Your Real Estate Business
As a real estate agent, you have several important tools in your arsenal. But there is one in particular that you should focus on: reviews. Most real estate agents generate their business from either someone they have previously worked with or by searching for local...
Home Prices Climb in February
https://www-businessinsider-com.cdn.ampproject.org/c/s/www.businessinsider.com/home-prices-climb-february-housing-market-supply-mortgage-rates-corelogic-2021-4?amp
HUD is Loaded But Won’t Lower MI
HUD has over 3 times the amount of required reserves it needs but won’t lower MI. Why not? Probably because they’re bracing for that wave of foreclosures we’ve been talking about over here at the NREP for months now. It’s all coming to a head and there’s going to be...
CFPB Kicks Forbearance Down the Road 6 Months
In an effort to stave off the pending forbearance/foreclosure crisis we’re facing, the CFPB has decided it’s best to kick the can down the road yet another 6 months. This so probably a very good idea considering there isn’t any real plan in place on how to handle...
Black Millennials Were Major Contributors To 2020’s Home Buying Surge
Homeownership is one of the most well-known and effective ways Black families can build intergenerational wealth. Unfortunately, like most industries, housing equity is not shared and distributed evenly. For many, the dream never seemed attainable — due to...
Pending home sales plunge for the second straight month
Pending home sales, a leading indicator of the health of the housing market, plunged in February across all regions in the U.S. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold,...
Buyer & Seller Perks in Today’s Housing Market
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves...
New MUD Program Awesome for Vets and Realtors
This is part 2 of a show we did last week about the Military Urban Development Initative or MUD. Last week we didn’t have all the details, but on today’s show we interview 2 of the key players of the program and wow, I have to tell ya, this is an amazingly awesome...
Mixed-Income Community in Tennessee Sets a High Standard for Redeveloping Distressed Public Housing
This is copied from the NAHB website, you can follow the link to their website here. Affordable housing is sorely needed throughout the country as part of the ongoing housing affordability crisis. Builders are trying to tackle this crisis through a number of different...