GMAR
NAR 2022 Home Buyers and Sellers Generational Trends Report
Since 2013, the National Association of REALTORS® Home Buyers and Sellers Generational Trends Report has produced the 2022 Home Buyers and Sellers Generational Trends Report. This report provides insights into differences and similarities across generations of home buyers and sellers.
NAR 2022 Snapshot of Race and Home Buying in America
Since 2006, 2021 was the best year for the real estate market in the last 15 years. Home purchases surged over the past year in an abnormal way. Even though home prices hit record highs eroding affordability, the housing market outperformed. The main driver of this booming housing market was record-low mortgage rates, as the interest rate on a mortgage has a direct impact on the size of a mortgage payment. Higher rates increase mortgage payments while higher rates typically reduce the amount of money that people can borrow.
National Flood Insurance Program Preparedness Toolkit Now Available
Congress recently passed a continuing resolution to fund the government and the National Flood Insurance Program (NFIP) through March 11th while lawmakers negotiate a longer-term funding deal.
With flooding being the most common and costly natural disaster in the United States, REALTORS® play an important role as an information resource regarding flood preparedness for current and potential homeowners.
GMAR Makes $10,000 Donation to NAR's Realtors® Relief Foundation
Southfield, Michigan (February 7, 2022) – In the Fall of 2021, two local Realtor® Associations combined efforts to help those impacted in the Oakland and Macomb communities, primarily in White Lake and Armada, by the severe weather, which caused significant damage to many homes.
2022 RELOCATE 2 Metro Detroit Guide
The Metro-Detroit/Southeast Michigan comprises over 130 communities that provide a rich and diverse quality of life for its inhabitants. A broad array of living environments, educational opportunities, housing options, and recreational and cultural activities offers each resident an unequaled chance to choose their ideal lifestyle.