News
RealEstateRama News
Slowdown Impacts Commercial Real Estate Markets, Modest Improvement Seen
Washington, DC - August 25, 2011 - (RealEstateRama) -- Commercial real estate vacancy rates are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the National Association of Realtors®
Realtors® Call on White House to Host Housing Summit
Washington, DC - August 25, 2011 - (RealEstateRama) -- To help develop policies that will stabilize the nation’s housing market and support an economic recovery, the National Association of Realtors® urges the White House to host a summit of policy makers, industry leaders and government stake holders focused on revitalizing the nation’s housing
Bus Tour Brings Home Ownership Matters to Grand Rapids
Washington, DC - August 25, 2011 - (RealEstateRama) -- Changes to the mortgage interest deduction could dramatically impact home owners and aspiring home owners in Grand Rapids, Mich., and beyond. That’s just one of the many issues the National Association of Realtors® wants Michigan residents to know about as the Home Ownership Matters Bus Tour pulls into Grand Rapids this week.
Existing-Home Sales Down in July but Up Strongly From a Year Ago
Washington, DC - August 18, 2011 - (RealEstateRama) -- Existing-home sales declined in July from an upwardly revised June pace but are notably higher than a year ago, according to the National Association of Realtors®. Monthly gains in the Northeast and Midwest were offset by declines in the West and South.
Second Quarter Metro Area Prices Mixed with Little Change, State Sales Down
Washington, DC - August 10, 2011 - (RealEstateRama) -- Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010, according to the latest quarterly report by the National Association of Realtors®.
REALTORS® Rally for Joplin Recovery
Washington, DC - August 4, 2011 - (RealEstateRama) -- As the National Association of Realtors® Home Ownership Matters bus crosses Missouri this week, a stop in Joplin, Mo., today will underscore Realtors®’ commitment to rebuilding the local community.
Realtors® to Regulators: Narrow QRM Definition Not Necessary to Assure Safe, Sound Mortgage Lending
Washington, DC - August 2, 2011 - (RealEstateRama) -- A proposed rule by federal regulators to impose a minimum 20 percent down payment, stringent debt-to-income ratio requirements and rigid credit standards will deny millions of Americans access to safe, low-cost mortgages, according to the National Association of Realtors
Realtors Urge Action on Debt Ceiling
Washington, DC - July 29, 2011 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Ron Phipps. “The National Association of Realtors®, on behalf of its 1.1 million members, their clients and customers, and the nation’s 75 million homeowners, urges Congress to resolve the mounting debt ceiling crisis before the August 2 deadline.
Homeownership Tax Benefits Must Be Preserved, Say Realtors®
Washington, DC - July 29, 2011 - (RealEstateRama) -- Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth.
NAR and NHC Bring Workers Home Through Workforce Housing Forum
Washington, DC - July 29, 2011 - (RealEstateRama) -- Public and private sector workers in the Northeast need more affordable housing opportunities. In response, the National Association of Realtors®, in partnership with the National Housing Conference, will host a regional forum today in Boston to help develop solutions to workforce housing issues
Pending Home Sales Rise in June
Washington, DC - July 28, 2011 - (RealEstateRama) -- Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.
Bus Tour Brings Home Ownership Matters to Memphis
Washington, DC - July 21, 2011 - (RealEstateRama) -- If regulators get their way, many qualified home buyers in Memphis, Tenn., may be shut out of the market very soon. That’s one of the reasons the National Association of Realtors® will be in town this weekend as part of its Home Ownership Matters Bus Tour.
Tornado Recovery Underscores How Much Home Ownership Matters
Washington, DC - July 21, 2011 - (RealEstateRama) -- As NAR’s Home Ownership Matters bus crosses Alabama this week, Realtors® are providing assistance to victims of the April 27 tornadoes with funds raised from Realtor® donations across the country.
June Existing-Home Sales Slip on Contract Cancellations, but Prices Stabilize
Washington, DC - July 20, 2011 - (RealEstateRama) -- Existing-home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly, according to the National Association of Realtors®.
Stabilizing the Housing Market is Key to the Economic Recovery, Say Realtors
Washington, DC - July 19, 2011 - (RealEstateRama) -- Stability in the housing market will lead to a quicker and greater economic recovery, according to the National Association of Realtors®. In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.
Bus Tour Brings Home Ownership Matters to Atlanta
Atlanta, GA - July 18, 2011 - (RealEstateRama) -- Home buyers across Georgia may have reduced access to mortgage funds this fall if Congress decides to reduce current Federal Housing Administration loan limits. That’s just one of the many issues th...
NAR Bus Tour Takes Home Ownership Issues Coast-to-Coast
Washington, DC - July 18, 2011 - (RealEstateRama) -- As policymakers consider changes to government programs and incentives that could dramatically change the nature of home ownership in this country, the National Association of Realtors® is once again bringing these issues to people across the country with the second phase of the Home Ownership Matters Bus Tour.
Realtors® Support Bill for Comprehensive Reform of Secondary Mortgage Market
Washington, DC - July 7, 2011 - (RealEstateRama) -- The long-term viability of America’s housing finance market requires comprehensive reform of the secondary mortgage market. Toward that end, the National Association of Realtors® supports H.R. 2413, the “Secondary Market Facility for Residential Mortgage Act of 2011.”
Seven Out of 10 Renters Say Owning a Home is a Top Priority
Washington, DC - July 6, 2011 - (RealEstateRama) -- Most Americans still believe that owning a home is a solid financial decision, and a majority of renters aspire to home ownership as a long-term goal. According to the 2011 National Housing Pulse Survey released today by the National Association of Realtors®, 72 percent of renters surveyed said owning a home is a top priority for their future, up from 63 percent in 2010.
Celebrating America’s History of Home Ownership
Washington, DC - July 1 30, 2011 - (RealEstateRama) -- The ability to buy, sell and own property has defined our nation throughout its history, and as the U.S. prepares to celebrate its 235 birthday, Americans continue to reaffirm their support of and aspirations toward home ownership
