Multigenerational housing can be a model to help address housing supply shortages and growing homeownership gaps.
News Releases
![Collection of crystal awards](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/collection-of-crystal-awards-gettyimages-1404196950-1300w-867h.jpg?itok=RKbnG8ub)
NAR celebrated the achievements of its REALTOR Benefits® partners with an awards ceremony at the 2023 NAR NXT, The Realtor® Experience, held in Anaheim, California.
November 16, 2023
Media Contact:
Spencer High 202-383-1051![Speakers at the Emerging Business and Technology Forum at 2023 NAR NXT: The REALTOR® Experience](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2023-11-15-nar-nxt-emerging-business-and-technology-trends-forum-1300w-867h.jpg?itok=7vmCO8p5)
Two sessions at NAR NXT: The REALTOR® Experience focused on how automation and AI is reshaping real estate marketing and operations.
November 16, 2023
Media Contact:
Spencer High 202-383-1051![Panel at the Commercial Economic Issues & Trends Forum, 2023 NAR NXT: The REALTOR® Experience](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2023-11-15-nar-nxt-commercial-economic-issues-and-trends-forum-panel-1300w-867h.png?itok=PMgiuWjt)
There's tremendous difficulty in the commercial real estate market, with higher interest rates hindering borrowing and making refinancing costly.
November 16, 2023
Media Contact:
Lauren Cozzi 202-383-1178![2023 NAR Distinguished Service Award Winner Greg Herb](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2023-dsa-winner-greg-herb-blue-textured-background-1505272752yvv-1300w-867h.png?itok=Qc3T_EQ5)
Greg has had a tremendous impact on the real estate industry through his trailblazing accomplishments and selfless service to his fellow REALTORS® in Pennsylvania and nationwide.
November 16, 2023
Media Contact:
Troy Green 202-383-1042![2023 NAR Distinguished Service Award Winner Mike McGrew](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2023-dsa-winner-mike-mcgrew-1300w-867h.jpg?itok=jOrWQvnD)
Mike's commitment to the local, state, and national levels of NAR and his charitable work epitomizes the Distinguished Service Award.
November 16, 2023
Media Contact:
Troy Green 202-383-1042![NAR Chief Economist Lawrence Yun at the Residential Economic Issues & Trends Forum](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2023-11-14-lawrence-yun-at-the-residential-economic-issues-and-trends-forum-1300w-867h.png?itok=m6EKNWgp)
Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans.
November 15, 2023
Media Contact:
Lauren Cozzi 202-383-1178![Speakers at the Advocacy Scoop at 2023 NAR NXT: The REALTOR® Experience](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2023-11-13-nar-nxt-advocacy-scoop-1300w-867h.jpg?itok=qpWegYWl)
NAR's priorities include improving access to homeownership, expanding economic opportunities, and promoting NAR research to inform policymaking.
![Real estate agent showing home to clients Real estate agent showing home to clients](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/real-estate-agent-showing-home-to-clients-gettyimages-1572059022-1300w-867h.jpg?itok=G14bZp_H)
Buyer income annual increase of 22% is largest on record (from $88,000 in 2022 report); down payments jumped to highest percentages in two decades.
November 13, 2023
Media Contact:
Lauren Cozzi 202-383-1178![Aerial photo of a residential neighborhood in the foreground and a city skyline in the background](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/aerial-photo-residential-neighborhood-in-foreground-city-skyline-in-background-gettyimages-1488696044-1300w-867h.jpg?itok=oF5kkF9X)
Eleven percent of the metro areas NAR tracked registered double-digit price increases in Q3 2023, up from 5% in the second quarter, and the 30-year fixed mortgage rate ranged from 6.81% to 7.31%.
November 9, 2023
Media Contact:
Troy Green 202-383-1042