Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing
WASHINGTON, DC - April 19, 2012 - (RealEstateRama) -- Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the
Realtors® Praise FHFA for Issuing Short Sale Approval Guidance
WASHINGTON, DC - April 19, 2012 - (RealEstateRama) -- The National Association of Realtors® applauds the Federal Housing Finance Agency for issuing new guidance requiring servicers of Fannie Mae and Freddie Mac loans to speed responses to short sale requests.
Realtors® Call for Broad Qualified Mortgage Definition to Help Consumers and Housing Market
WASHINGTON, DC - April 17, 2012 - (RealEstateRama) -- A narrow definition of the impending Ability to Repay regulation could harm consumers and the housing market recovery, according to the National Association of Realtors®.
Homeownership Makes Tax Time Less Taxing
Washington, DC - April 11, 2012 - (RealEstateRama) -- With the April 17 tax deadline one week away, many individuals and families still have time to take advantage of the valuable tax benefits homeownership affords. The National Association of Realtors® consumer website, HouseLogic.com, can help.
Realtors® Raise Fair Housing Awareness in Local Communities
Washington, DC - April 2, 2012 - (RealEstateRama) -- As the leading advocate for homeownership and housing issues, the National Association of Realtors® will join the nation in honoring Fair Housing Month this April.
Strong Investment Home Sales Demonstrate Limited Need for Bulk REO Sales Program, Say Realtors®
Washington, DC - March 29, 2012 - (RealEstateRama) -- Investment home purchases represented nearly one-third of all existing-home sales last year, according to a National Association of Realtors® report on second homes released today. This robust investment activity underscores the importance of limiting the government’s use of real estate owned (REO) bulk sales, as NAR recommended in a letter sent to regulators this week.
Investment and Vacation Home Sales Surge in 2011
Washington, DC - March 29, 2012 - (RealEstateRama) -- WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.
February Existing-Home Sales Slip But Up Strongly From a Year Ago
Washington, DC - March 26, 2012 - (RealEstateRama) -- February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.
Pending Home Sales Ease in February but Solidly Higher Than a Year Ago
Washington, DC - March 26, 2012 - (RealEstateRama) -- Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®.
February Existing-Home Sales Slip But Up Strongly From a Year Ago
Washington, DC - March 21, 2012 - (RealEstateRama) -- February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.
Realtors® Praise FHFA for Banning Private Transfer Fees
Washington, DC - March 16, 2012 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Moe Veissi: “As the leading advocate for homeownership and housing issues, NAR applauds the Federal Housing Finance Agency for issuing a final rule to restrict Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants
Seniors and Young Adults Will Influence U.S. Housing Markets
Washington, DC - March 13, 2012 - (RealEstateRama) -- Aging baby boomers and their echo boomer children will significantly impact trends in the nation’s housing market over the next 20 years. In a new report released by the Bipartisan Policy Center, “Demographic Challenges and Opportunities for U.S. Housing Markets,” researchers at the National Association of Realtors®, The Urban Institute, and the University of Southern California analyze key demographic trends and their likely influence on housing and homeownership in the U.S.
NAR Protects Realtor® Trademark by Winning Domain Name Challenge
Washington, DC - March 9, 2012 - (RealEstateRama) -- The National Association of Realtors® has won a challenge to the use of its trademark Realtor® in a domain name operated by a former member.
Government Foreclosure to Rental Pilot Programs Not Needed In Most Markets, Say Realtors®
Washington, DC - March 2, 2012 - (RealEstateRama) -- Housing markets are complex and varied, and a government pilot program to turn bank-owned properties into rentals could be disruptive and counterproductive in some markets, according to the National Association of Realtors®.
REALTOR® Magazine Seeking Nominations for Annual Good Neighbor Awards
Washington, DC - February 28, 2012 - (RealEstateRama) -- Realtors® work hard to help people buy and sell homes, while also dedicating their time and efforts to improve the quality of life in communities across the country. The National Association of Realtors® recognizes these Realtors® who devote themselves to volunteer service through REALTOR® Magazine’s Good Neighbor Awards, which is currently accepting applications.
January Pending Home Sales Rise, Market on Uptrend
Washington, DC - February 27, 2012 - (RealEstateRama) -- Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors®.
NAR Collaborates With U.S. Treasury on Short Sale “Help for Homeowners”
Washington, DC - February 24, 2012 - (RealEstateRama) -- A new National Association of Realtors® collaboration with the U.S. Department of the Treasury will help Realtors® better assist homeowners who are struggling to sell their homes in a short sale.
Commercial Real Estate Vacancy Rates Improving, Rents Firming
Washington, DC - February 24, 2012 - (RealEstateRama) -- According to the National Association of Realtors® quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord’s market commanding bigger rent increases. These trends also are confirmed in NAR’s recent quarterly Commercial Real Estate Market Survey.
Existing-Home Sales Rise Again in January, Inventory Down
Washington, DC - February 22, 2012 - (RealEstateRama) -- Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®
NAR to Administration: Do No Harm to Housing
Washington , DC - February 14, 2012 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Moe Veissi: “As the leading advocate for housing and homeownership, NAR is strongly opposed to elements of President Obama’s budget proposal that would limit itemized deductions, including the mortgage interest deduction, for thousands of families.