Realtors® Urge Regulators to Rethink Mortgage Requirements
WASHINGTON (May 12, 2011) – A proposed rule to define qualified residential mortgages (QRM) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) would unnecessarily restrict access to home ownership. Realtors® at the Real Estate Services Forum – The Impact of Dodd-Frank on Real Estate session today during the Realtors® Midyear Legislative Meetings […]
Housing and Economic Forecast Points to Rising Activity
WASHINGTON (May 12, 2011) – Home sales are expected to stay on an uptrend through 2012, although the performance will be uneven with mortgage constraints weighing on the market, according to experts at a residential real estate forum today at the Realtors® Midyear Legislative Meetings & Trade Expo here. Lawrence Yun, NAR chief economist, said […]
NAR Chief Economist Sees Sluggish but Improving Commercial Outlook
WASHINGTON (May 13, 2011) – The commercial real estate market continues a slow pace toward recovery with occupancy rates rising in the office and industrial properties in most major cities across the U.S. supported by rising employment and restocking of wholesale inventory, according to National Association of Realtors® Chief Economist Lawrence Yun. At the “Economics Issues […]
New Realtor® Certification Helps Members Grow Business
WASHINGTON (May 13, 2011) – With the changing real estate landscape and the increased use of broker price opinions (BPOs) by market participants, the National Association of Realtors® has launched a new certification, BPO Resource, recognizing Realtors® who have completed NAR’s new BPO education program. The new certification course was offered here during the Realtors® Midyear […]
Minority Homeownership Award Winners Help Others Realize, Sustain American Dream
WASHINGTON (May 13, 2011) – While the past few years have been challenging for many, owning a home continues to be a goal for Americans of every background, according to John D. Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development. Trasviña made his remarks during the […]
NAR Member Survey Shows Focus on Training, Commitment to Profession
WASHINGTON (May 17, 2011) – Realtors® have been focusing more on training to help them better meet the needs of clients in a housing market with unique challenges, according to the 2011 National Association of Realtors® Member Profile. The study’s results are representative of the nation’s Realtors®, who account for more than half of the approximately […]
New NAR Benefits Partner Improves Realtor®-Client Communications
WASHINGTON (May 16, 2011) – As Realtors® and their clients becoming increasingly more mobile, Realtors® must ensure that buyers and sellers can reach them at a moment’s notice. Ifbyphone, a voice-based marketing automation platform, provides a solution that enhances voice transactions and is now available to members of the National Association of Realtors® through the REALTOR […]
April Existing-Home Sales Ease
WASHINGTON (May 19, 2011) – Existing-home sales slipped in April, although the market has managed six gains in the past nine months, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, eased 0.8 percent to a seasonally adjusted annual rate of 5.05 million in […]
Foreign Buyers Recognize Value of Home Ownership in U.S.
WASHINGTON (May 18, 2011) – The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years. This is according to the National Association of Realtors®’ 2011 Profile of International Home Buying Activity. According to the survey, total residential international […]
Commercial Real Estate Markets Stabilizing, Demand Growing
WASHINGTON (May 24, 2011) – The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said job creation will be the biggest factor moving forward. “Job growth creates demand for commercial space, and the economy should be adding between 1.5 […]
