Existing-Home Sales Rise in March
WASHINGTON (April 20, 2011) – Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 3.7 percent to a seasonally adjusted annual rate of 5.10 million […]
ePropertyData Provides Customized Data Solutions for Realtors®
Washington, DC, May 05, 2011 Commercial members of the National Association of Realtors® will have greater access to commercial information exchange data through a new mobile application by ePropertyData. ePD, a leading CIE solutions provider, is owned by NAR and operates CIEs throughout the U.S., offering data solutions to more than 150,000 commercial real estate […]
Realtors® Advocate Mortgage Liquidity for Creditworthy Home Buyers
WASHINGTON (May 10, 2011) – The pendulum on mortgage credit has swung too far in the other direction after the recent housing downturn and is putting an unnecessary burden on creditworthy consumers, impeding the economic and housing market recoveries. That’s what a panel of industry experts told several thousand Realtors® gathered at a special symposium, Ensuring […]
Realtors® Working for Tomorrow's Home Owners Today
WASHINGTON (May 9, 2011) – Realtors® from across the country are meeting with legislators, public policy makers and industry leaders this week to address pressing concerns and issues that affect home owners, aspiring home owners and real estate investors everywhere as the Realtors® Midyear Legislative Meetings & Trade Expo begins. “As leading advocates for home ownership, […]
Housing Finance Market Reform Must Ensure Mortgage Affordability, Availability
WASHINGTON (May 10, 2011) – Reforms to America’s housing finance market must ensure a reliable source of affordable mortgage lending for creditworthy consumers. That’s according to Realtors® and other industry insiders who examined the federal government’s future role in the secondary mortgage market at the “Fannie Mae & Freddie Mac: Obama Options and Beyond” session during […]
Existing-Home Sales Rise in Most States in First Quarter; Metro Area Prices Mixed
WASHINGTON (May 10, 2011) – Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®. Total state existing-home sales, including single-family and […]
Realtors® Go Green with New and Improved Designation
WASHINGTON (May 11, 2011) – The National Association of Realtors® is modifying its popular Green Designation program to focus on residential real estate practice. “NAR research has consistently shown that there is a considerable and growing market for green buildings, and many of today’s consumers want homes and communities that are more resource efficient and […]
Realtors® Urged to "Seize the Day"
WASHINGTON (May 10, 2011) – Now is the time for Realtors® to come to the aid of their industry, on behalf of the nation’s 75 million home owners, aspiring home owners, real estate investors, and the nation’s economy. That was the message delivered today during “59 and ½ Minutes: A Member-Director Forum” during the Realtors® Midyear Legislative […]
NAR Awards Nearly $5 Million in Workforce Housing Grants
WASHINGTON (May 11, 2011) – Realtors® strive to preserve and expand housing opportunities in communities across the country, and the National Association of Realtors® supported many of these efforts through the Ira Gribin Workforce Housing Grants. NAR issued a final report, “Tackling Workforce Housing State by State,” on the grant program results today at the Realtors® […]
New FTC Rule Impacts Realtors®' Short Sale Business
WASHINGTON (May 11, 2011) – A new rule from the Federal Trade Commission that aims to protect home owners from mortgage relief scams may impact real estate professionals who represent clients involved in short sale transactions. Several hundred Realtors® learned more about the new rule and its impact on their business at the “Risk Management and […]