OfficeMax Offers REALTORS® New Ways to Save
WASHINGTON (March 28, 2011) – As Realtors®’ businesses grow, so do their needs for quality office supply products. Now OfficeMax and the National Association of Realtors® are proud to offer discounts to NAR members on office supplies and services through the REALTOR Benefits® Program. “The REALTOR Benefits® Program provides value-added offers and savings to Realtors®,” said […]
Vacation- and Investment-Home Shares Hold Even in 2010
WASHINGTON (March 30, 2011) – The market share of vacation- and investment-home sales1 held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors®. NAR’s 2011 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2010, shows vacation-home sales accounted for 10 percent of […]
Realtors® Oppose High Down Payment Requirement for Qualified Residential Mortgage Exemption
WASHINGTON (March 29, 2011) – High down payment requirements being proposed by federal regulatory agencies as part of the upcoming rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act will unnecessarily burden homebuyers and significantly impede the economic and housing recovery, according to the National Association of Realtors®. Six agencies, including the Department […]
Realtors® Urge Congress to Approach GSE Reform Slowly
WASHINGTON (March 31, 2011) – The National Association of REALTORS® today urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie Mac. Reforming America’s housing finance market can only be achieved through a forward-looking, comprehensive approach that supports the housing and economic recoveries, said NAR President Ron Phipps in testimony before the […]
Realtors® Committed to Fair Housing Throughout the Year
WASHINGTON (April 1, 2011) – The National Association of Realtors® will join Americans across the country as they honor Fair Housing Month this April. As the leading advocate for home ownership, NAR strongly supports the Fair Housing Act and believes that anyone who is able and willing to assume the responsibilities of owning a home should […]
Realtors® Applaud Bill to Speed Lender Response to Short Sales
WASHINGTON (April 13, 2011) – A new bill to improve the process for approving short sales may soon bring relief to distressed home owners who are unable to keep their homes and hope to avoid foreclosure. The bill, introduced in the U.S. House yesterday and strongly supported by the National Association of Realtors®, would impose […]
NAR Study Finds Americans Prefer Smart Growth Communities
WASHINGTON (April 4, 2011) – Americans favor walkable, mixed-use neighborhoods, with 56 percent of respondents preferring smart growth neighborhoods over neighborhoods that require more driving between home, work and recreation. That’s according to a recent study, the Community Preference Survey, by the National Association of REALTORS®. “REALTORS® care about improving communities through smart growth initiatives,” said NAR […]
New Errors and Omissions Insurance Benefit Provides Protection for REALTORS®
WASHINGTON (April 18, 2011) – Realtors® now have access to an errors and omissions insurance program from the National Association of Realtors®’ newest REALTOR Benefits® Partner, Victor O. Schinnerer & Company, Inc. “Realtors® help consumers invest in their future through home ownership,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “E&O insurance […]
Realtors® Commend Students for School of the Future Designs
WASHINGTON (April 15, 2011) – The National Association of Realtors® welcomed middle school students from across the country this week to participate in the annual School of Future Design Competition. The competition encourages students to work in teams to plan and design a school that will improve the learning environment and the facility’s energy efficiency, […]
Pending Home Sales Rise Again in March
WASHINGTON (April 28, 2011) – March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised […]
