Coronavirus: A Guide for REALTORS®

Northern Wasatch Association of Realtors Advice, Update

Why is NAR issuing this guidance? In response to the growing concerns about COVID-19, commonly referred to as coronavirus, NAR is providing this guidance to help REALTORS® respond to the coronavirus’s potential impact on the real estate industry. As of March 4, 2020, the U.S. Centers for Disease Control and Prevention (CDC) has issued Level 3 Travel Warnings for all of China, South Korea, Italy, and Iran, and a Level 2 Travel Warning for Japan. However, the situation is rapidly evolving.  Be sure to refer to the CDC’s website for up-to-date information about travel warnings (link is external), as well as information about the coronavirus’ current impact in the United States (link is external). Daily updates about the coronavirus are also available …

Clear Cooperation Policy Webinar

Northern Wasatch Association of Realtors Advice with Molly Nielson, Brad Bjelke, and Casey Hickman To view the video go to:–Clear-Cooperation-Webinar.mp4

2020 real estate forecast

Northern Wasatch Association of Realtors Advice

President’s MessageRobert Bolar As 2019 draws to a close, it’s time to start looking ahead to 2020. In the real estate market, conditions next year will be much like they were this year. Key characteristics will include low mortgage rates, rising home sales and increasing home prices. These predictions come from Lawrence Yun, chief economist of the National Association of Realtors, who recently presented his 2019-2020 housing forecast at the annual Realtors conference in San Francisco.  For 2019 as a whole, he expects a 9% increase in new home sales nationwide, a 1% increase in existing sales, median price growth of 4.3% and an average of 4% for a 30-year fixed-rate mortgage.  For 2020, his forecast looks similar except Yun …