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.TREC Notification of Statutory Changes
Notification of Statutory Changes Pursuant to Tenn. Code Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession. As such, the...
Eviction Moratorium Extended
CDC Extends Eviction Moratorium Through July On Thursday, June 24, the Centers for Disease Control (CDC) extended its federal eviction moratorium, previously set to expire on June 30, through July 31, 2021. The agency stated in its announcement that this latest...
HELP defend 1031
Help Defend 1031 Recent proposals to repeal or limit the 1031 like-kind exchange could devastate the commercial real estate sector and investment in communities across the country. We need your help to educate lawmakers and their staff about the economic benefits of...
NAR says housing shortage needs national strategy
Time to Act: ‘The State of America’s Housing Stock Is Dire’ June 16, 2021 A “once in a generation” response is needed to address the decades of underinvestment and underbuilding in the housing market, according to a report released on Wednesday by the National...
Opendoor Home Loans? Yep.
https://youtu.be/FLUKggZ-ZBU Here we go again. More “i” stuff getting thrown into the mortgage and real estate space. Now we have Opendoor touting their home loans. Well you might think there must be something amazing about a new home loan program from a...
Hot Housing Market Leaves People Afraid to Trade Up
The housing market is so hot that some homeowners have become afraid to sell. In more normal times, first-time home buyers move into starter homes. As their families grow, they upgrade to bigger houses. Eventually, empty-nesters and retirees sell their larger homes to...
Realtors Doing Appraisal Work Discussed
Earlier this week we talked about a proposal that real estate agents doing dome information gathering to help appraisers do their job. This came from an HousingWire article and was written by the employee of an AMC. NAMB President Kimber White and I discussed the...
Opendoor Offers Discounted Real Estate Services
Yep. Opendoor is now selling real estate the “traditional” way for 5% commission, which is what they are considering a “discounted fee”. Of course, slam all other Realtors saying they charge 6%, which we all know is not true in most areas. But to start offering...
Real Estate Professionals and the MLS: Key Players of a Pro-Consumer, Pro-Competitive Market
Here is something real estate brokers know well: A home is the single largest, most complex purchase most people make in a lifetime. From the legal and financial analyses to contract negotiations, mandatory disclosures, inspections and more—there are a lot of layers...
Appraisal oversight? What do you think?
About 10 years ago the appraisal industry got slammed with HVCC. Suddenly we had a new way of getting an appraiser out to see a property with the rollout of the “AMC”. Back then it didn’t seem like a very good idea, but today I think many would say that it was...