FROM SCR – Post Conference News

September, 23rd, 2022

Thanks to everyone who attended SCR’s Annual Conference and Expo, Homeownership Heroes! The event was a huge success with a sold out crowd of approximately 400 attendees. The SCR Board of Directors met at SCR’s Annual Conference, Homeownership Heroes. A few of the passed motions include:   The Legal Action Committee, Realtor® Foundation, and Community Alliance all had changes to address the makeup of these committees to take into account the new regions. The DEI Council policy has been amended to include the responsibility to disburse the specialty REALTOR® license plate funds to local habitat chapters. The SCR Candidate Screening...

August 2022 Market Reports

September, 19th, 2022

Housing Supply Overview Builder sentiment slid into negative territory in August, as higher costs continue to impact buyers and builders alike. Buyer traffic has declined considerably this summer, with new home sales down 29.6% nationally compared to a year ago and falling to their lowest level since 2016, according to the U.S. Census Bureau. As sales slow and new home inventory piles up, builders are lowering prices to entice buyers, with about 1 in 5 builders cutting prices in August to boost sales and limit cancellations, according to the National Association of Home Builders. For the 12-month period spanning September...