General

PHOENIX (January 8, 2015) –

The following is a statement by National Association of Realtors^® President Chris Polychron:

“The National Association of Realtors^® applauds new policy initiatives announced today by President Barack Obama that will enable more first-time and underserved homebuyers to enter the housing market while preserving strong underwriting standards and protecting taxpayers… Read More

“Realtors® applaud the U.S. House of Representatives and U.S. Senate for prioritizing the reauthorization of the federal terrorism risk insurance program and quickly passing the Terrorism Risk Insurance Act, which authorizes the program for six years. When TRIA lapsed at the end… Read More

WASHINGTON (January 12, 2015) –

Homeowners often consider various remodeling and replacement projects as a way to add value to their homes. Some projects add more value and better recoup their costs than others, according to Realtors^® who rated small and exterior projects as the most valuable home improvement projects in the 2015 Remodeling Cost vs. Value Report. Compiled annually in collaboration with Hanley Wood’s Remodeling Magazine, the report compares changes in home improvement project costs with Realtors^®’… Read ...

WASHINGTON (January 22, 2015) – Realtors^® not only help people realize their dream of homeownership, they also volunteer countless hours to help improve the communities in which they live and work. For seven years, REALTOR^® Magazine’s Good Neighbor Society has helped Realtors^® broaden and shape their charitable efforts through the Volunteering Works grant and mentoring program. The program, which matches expert mentors to Realtors^® who are looking to expand and improve their community service outreach, is… Read More Continue Reading →

“NAR has joined the United for Patent Reform coalition along with a diverse group of American businesses to pursue comprehensive solutions to abusive patent litigation, which costs the U.S. economy billions of dollars every year.

  “As a member of United for… Read More

WASHINGTON (January 27, 2015) – Most homeowners know it is important to keep a home clean, bright and free from clutter while it is on the market for sale. But sometimes, Realtors^® say, taking the extra step to stage a home can make a difference in how a buyer values it and the price a seller might get for it, according to the National Association of Realtors^®2015 Profile of Home Staging.

“Realtors^® know how important it is to have a ...

WASHINGTON (January 23, 2015) – Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to the National Association of Realtors®. Median home prices for 2014 rose to their highest level since 2007, but total sales fell 3.1 percent from 2013.

Total existing-home sales¹,… Read More

WASHINGTON (January 29, 2015) – Despite interest rates being at their lowest level of 2014, pending home sales cooled in December but remained above year-over-year levels for the fourth consecutive month, according to the National Association of Realtors^®. All major regions experienced declines in December.

The Pending Home Sales Index,^* a forward-looking indicator based on contract signings, decreased 3.7 percent to 100.7 in December from a… Read More

WASHINGTON (January 27, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron: “Realtors® support responsible lending to qualified buyers, which is essential for building strong communities. The new low down payment mortgage program introduced last month by Federal Housing Finance Agency Director Mel Watt will safely… Read More

WASHINGTON (February 11, 2015) – The majority of metropolitan areas experienced steady but slightly stronger price growth in the fourth quarter of 2014, behind a decline in housing supply and an uptick in demand fueled by lower interest rates and a stronger job market, according to the latest quarterly report by the National Association of Realtors^®.

The median existing single-family home price increased in 86 percent of… Read More