General

Drone Landscape Still Evolving as Realtor®, Other Commercial Use Grows

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San Diego (November 15, 2015) – The Federal Aviation Administration continues its work to integrate unmanned aerial systems, also known as drones, into the National Airspace System, and Realtors® stand ready to take advantage of their many benefits.

That’s according to panelists at the “Using a Drone in Your Business: Knowing Your Risk” session held as part of the 2015 REALTORS® Conference & Expo.

“This technology is an incredible tool for real estate professionals, but can be dangerous if the wrong… ...

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FHA Fund Achieves 2 Percent Capital Reserve Requirement

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Realtors® Applaud Success, Call for Further FHA Policy Changes to Bolster Homeownership

WASHINGTON (November 16, 2015) — The Federal Housing Administration today released its 2015 Actuarial Review, a financial assessment of the Mutual Mortgage Insurance Fund, and the review shows that the fund has strongly rebounded, achieved greater overall health, and seen increased access to safe mortgage financing as cuts to FHA’s annual mortgage insurance premium have taken hold.

The… Read More

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NAR Presents Realtor® Cynthia Shelton with Distinguished Service Award

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SAN DIEGO (November 16, 2015) – Cynthia Shelton, a Realtor® from Orlando, has received the National Association of Realtors® 2015 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s more than one million members. Winners were recognized at the REALTORS® Conference & Expo in San Diego.

NAR established the… Read More

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Existing-Home Sales Dial Back in October

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WASHINGTON (November 23, 2015) — With mortgage rates remaining below 4 percent for the third straight month, existing-home sales in October were at a healthy pace but failed to keep up with September’s jump, according to the National Association of Realtors®. All four major regions saw no gains in sales in October.

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

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NAR Installs 2016 Officers

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San Diego (November 16, 2015) — Tom Salomone, a second generation Realtor® from Coral Springs, Florida, was installed today as 2016 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2015 REALTORS® Conference & Expo. Salomone has been a licensed real estate agent for 40 years and is broker/owner of Real Estate II, a firm specializing in residential real estate.

Salomone was NAR’s 2015 president-elect and 2014 first… Read More Continue Reading →

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Pending Home Sales Nudge Forward in October

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WASHINGTON (November 30, 2015) — Pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines, according to the National Association of Realtors®. Gains in the Northeast and West were offset by declines in the Midwest and South.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched 0.2 percent to 107.7 in October from an upwardly revised 107.5 in September and is now 3.9 percent above October 2014… ...

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Moderate Expansion, Easing Prices Expected for Commercial Real Estate Markets

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WASHINGTON (November 24, 2015) — Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors® quarterly commercial real estate forecast.

National office vacancy rates are forecast by Realtors® to decrease 0.8 percent to 14.8 percent over… Read More Continue Reading →

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Realtors® Partner With Boys & Girls Clubs of America

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WASHINGTON (December 8, 2015) – The National Association of Realtors® has joined forces with Boys & Girls Clubs of America in an effort to strengthen communities and support the country’s youth.

Beginning in 2016, NAR and BGCA will begin collaborating to make a positive impact in communities across the country. Realtors® are the most trusted resource for real estate information, with unparalleled knowledge of local market conditions, while BGCA, the premier youth development organization in the U.S. serving nearly 4 million ...

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Realtors® Applaud Transportation Conference Report

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WASHINGTON (December 1, 2015) – The conference agreement for a multi-year surface transportation authorization was released in Congress this week, with both the U.S. House and Senate set to vote on the measure in the days ahead.

The bill funds several highway and transit-related projects, with monies coming from a variety of sources.

National Association of Realtors® President Tom Salomone, broker-owner of Real… Read More

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