General

NAR Generational Survey: Millennials Lead All Buyers, Most Likely to Use Real Estate Agent

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WASHINGTON (March 11, 2015) – Despite the economic and financial challenges young adults have braved since the recession, the millennial generation represented the largest share of recent buyers, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent home buyers and sellers.

The survey additionally found that an overwhelming majority of buyers search for homes online and then purchase their home through a real estate agent, with millennials using ...

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NAR and Realtors® Federal Credit Union Offer Credit Card as New Benefit for Realtors®

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WASHINGTON (March 5, 2015) –  National Association of Realtors® members now have access to an additional benefit through a new choice for credit, the official REALTOR® credit card. The credit program, available to current and new members of the Realtors® Federal Credit Union, a division of Northwest Federal Credit Union, features cards with customized real estate-themed designs, exclusive Realtor® branding options and competitive interest rates.

“Through our partnership with the credit union, we’re able to offer an extremely… Read More Continue Reading →

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Majority of Realtors® Feel Safe on the Job, According to New Survey

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WASHINGTON (March 2, 2015) – A new survey from the National Association of Realtors® found 96 percent of Realtors® have never been the victim of crime, but 40 percent have found themselves in situations where they have feared for their safety or the safety of their personal information.

Some of the most common circumstances that resulted in fearful situations were open houses, showing vacant and model homes, working with properties that were unlocked or unsecured and showing homes in remote areas.

“When ...

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Asian Investors Lead International Commercial Investment in U.S. and Canada, says NAR Survey

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WASHINGTON (March 12, 2015) – International investment in commercial real estate is dominated by Asian interests in both Canada and the U.S., according to a new survey from the Richard J. Rosenthal Center for Real Estate Studies at REALTOR® University and the National Association of Realtors®.

The survey found that 47 percent of Canadian respondents and 41 percent of those in the U.S. indicated that their international clients were from… Read More Continue Reading →

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NAR’s Second Century Ventures Selects Pro.com as First Member of 2015 REach® Accelerator Class

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REach® launches companies into trillion dollar industries; provides access to thousands of potential customers

CHICAGO (March 17, 2015) – The National Association of Realtors®’ strategic investment arm, Second Century Ventures, has selected Pro.com as the first company accepted into the 2015 class of REach®, its growth technology accelerator program. Pro.com is a new… Read More

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NAR Study: Accelerating Housing Costs Have Renters Feeling the Squeeze

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WASHINGTON (March 16, 2015) – The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises, according to new research by the National Association of Realtors®.

NAR reviewed data on income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years in metropolitan statistical areas1 across the U.S. The findings reveal that renters are being ...

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Realtor® Associations Honored with NAR Community Outreach Awards

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WASHINGTON (March 23, 2015) — The National Association of Realtors® has honored seven local Realtor® associations with NAR Community Outreach Awards. These awards recognize associations that have worked with their communities to make them a better place to live and do business.   

“Realtors® are community leaders and are dedicated to building successful neighborhoods and advocating on behalf of homeowners,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark. “I am proud to honor the… Continue Reading →

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Existing-Home Sales Slightly Improve in February, Price Growth Gains Steam

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WASHINGTON (March 23, 2015) – Existing-home sales increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose… Read More

Realtors® Show Support for New FHA Appointee Ed Golding

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WASHINGTON (March 26, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron in response to leadership changes at the Federal Housing Administration:

“NAR looks forward to working with Edward Golding in his new position as principal deputy assistant secretary for housing at the U.S. Department of Housing and Urban Development. Mr. Golding’s tenure at HUD, along with his decades of experience in the housing industry, makes him an ideal candidate to run the day-to-day operations ...

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zipLogix Partners with Realtors Property Resource® to Integrate Access

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Media Contacts:

Luke Capizzo / 248-258-2333 / lcapizzo@identitypr.com

Jane Dollinger / 202-383-1042 / jdollinger@realtors.org

FRASER, Mich., March 23, 2015 – zipLogix, a technology company helping real estate professionals improve productivity and efficiency, has formed a partnership with Realtors Property Resource® (RPR®). REALTORS® will have faster, fully integrated access directly from RPR to zipForm, for the most authoritative forms collection available, and will… Read More

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