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Existing-Home Sales Decline in October Following Two Monthly Gains

Washington, DC – November 23, 2010 – (RealEstateRama) — Existing-home sales retreated in October on the heels of two strong monthly gains, according to the National Association of REALTORS

IdentitySecure Gives Realtors® Peace of Mind

Washington, DC- November 22, 2010 – (RealEstateRama) — Identity theft is becoming one of the fastest growing crimes in America, and the National Association of Realtors® is committed to helping members keep their identities safe. Toward that end, the IdentitySecure Program for Realtors® is now available through NAR’s REALTOR Benefits® Program in partnership with Affinion Benefits Group, LLC.

NAR’s Realtor.com is Going Global

Washington, DC – November 19, 2010 – (RealEstateRama) — The National Association of REALTORS® announced today that Realtor.com, NAR’s official website, will be going global, extending its lead as the world’s largest online source of residential property listings.

REALTOR® Associations Receive Grants for Supporting Housing Opportunities

Washington, DC – November 18, 2010 – (RealEstateRama) — The Housing Opportunity Fund, a National Association of REALTORS® grant program, has presented $50,000 to 15 local and state REALTOR® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities.

NAR Praises FHA’s Increased Stability

Washington, DC – November 17, 2010 – (RealEstateRama) — The latest independent audit of the Federal Housing Administration shows the agency’s financial condition has improved from last year, when it announced its capital reserve fund had fallen below the 2 percent level mandated by Congress. The annual audit shows that the capital ratio for the single-family portfolio rose from 0.42 percent to 0.79 percent over the past year.

Housing Market Recovery Depends on Jobs, Access to Credit, Says NAR

Washington, DC – November 17, 2010 – (RealEstateRama) — Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis.

Fundamentals Holding in Commercial Real Estate

WASHINGTON, March 12, 2008 – Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors

Why Now is a Smart Time to Buy

Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.
The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring

Recognizing Inspection Red Flags

Practitioners can protect themselves against potential liability by learning how to pick out visible defects in new and older homes.

REALTORS® Reach More Consumers with New NAR Strategic Alliance

WASHINGTON, March 05, 2008 – The National Association of Realtors® has established a strategic alliance that will help Realtors® identify potential home buyers and sellers more efficiently. infoUSA Inc. joins NAR’s roster of REALTOR Benefits® partners as a leading provider of sales leads, mailing lists and database marketing tools.

REALTORS® Speak Out on Behalf of Housing Affordability for Veterans

WASHINGTON, February 28, 2008 – The National Association of Realtors® testified today in Congress that the Veterans Home Loan Guaranty Program should continue to be a valuable asset in helping the nation’s veterans achieve the dream of homeownership in a way that is safe, fair and affordable.

REALTOR® Magazine’s Good Neighbor Awards Opens Call For Entries

WASHINGTON, February 26, 2008 – Nominations are now open for the National Association of Realtors® ninth annual REALTOR® Magazine Good Neighbor Awards. The program recognizes Realtors® whose extraordinary commitment to volunteer work has helped make their community a better place to live.

Existing-Homes Sales Slip in January as Some Potential Buyers Wait on Sidelines

WASHINGTON, February 25, 2008 – Existing-home sales – including single-family, townhomes, condominiums and co-ops – slipped 0.4 percent to a seasonally adjusted annual rate(1) of 4.89 million units in January from an upwardly revised level of 4.91 million in December, and are 23.4 percent below the 6.44 million-unit pace in January 2007.

REALTORS Hope to Improve State of Minority Homeownership

WASHINGTON, February 25, 2008 – “Homeownership is part of the American dream,” said 2008 NAR President-elect Charles McMillan. “As the nation’s leading advocate for housing issues, NAR is committed to removing disparities in homeownership and making the face of homeownership in this country look more like America.”

Mastering Foreclosures

REO business awaits those who can juggle details and expectations for fast turnover while earning the trust of lenders.

Fourth Quarter Commercial Real Estate Index Eases

WASHINGTON, February 20, 2008 – The Commercial Leading Indicator for Brokerage Activity(1) slipped 0.4 percent to an index of 120.1 in the fourth quarter from a reading of 120.6 in the third quarter, but remains 0.1 above the fourth quarter of 2006 when it stood at 119.9.

NAR Pushes for Homeownership Protection for Older Americans

WASHINGTON, February 13, 2008 – The National Association of Realtors testified today that foreclosure rescue scams have caused major problems for many Americans and that older Americans and other vulnerable borrowers are frequently targets. NAR called for increased funding for programs that provide financial assistance, counseling and consumer education to borrowers to help them avoid foreclosures and foreclosure rescue scams.

Existing-Home Sales to Hold in Narrow Range, then Begin Upward Trend

WASHINGTON, February 07, 2008 – A continuation of soft market conditions is forecast for existing-home sales in the months ahead, with improvement expected by the second half of this year if loan limits are increased, according to the latest forecast by the National Association of Realtors

Fannie and Freddie Reform Will Significantly Impact Housing Market, Says NAR

WASHINGTON, February 07, 2008 – The National Association of Realtors today expressed ongoing support for legislative reform to Fannie Mae and Freddie Mac that would help stabilize the housing market and improve liquidity to the secondary nonconforming market. NAR stressed the importance of permanently increasing the loan limits as part of any reform package; that will help encourage healthier conditions in the housing market and strengthen the national GDP.

REALTORS®, Mayors Recognize Miami-Dade for Virtual Housing Center

WASHINGTON, February 01, 2008 – The National Association of Realtors® and the U.S. Conference of Mayors have named Miami-Dade County an Ambassador City for its Housing Central Web portal. The virtual one-stop housing center connects residents with affordable homes and rental units and provides valuable information and resources for area families.

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Recent NAR Press Releases

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NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales...

The worst of the housing inventory shortage is coming to an end, mortgage rates are stabilizing and job additions are continuing, according to NAR Chief Economist Lawrence Yun.

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