Housing Must Be a National Priority
ANAHEIM (November 13, 2011) – The struggling housing market needs to be a priority on the nation’s public policy agenda, because housing and homeownership issues affect all Americans. That was the message from speakers at the Legislative and Political Forum yesterday at the 2011 Realtors® Conference & Expo here. Realtors® at the National Association of Realtors® […]
U.S. Will Remain a Nation of Homeowners
ANAHEIM (November 12, 2011) – The U.S. will not become a nation of renters; there are just too many benefits, both financial and otherwise, to own versus rent. That’s according to the combined findings of several recent studies presented during the “Buyer or Renter Nation?” session today at the 2011 Realtors® Conference & Expo. An analysis over […]
Realtor® Adorna Carroll Honored with NAR Distinguished Service Award
ANAHEIM (November 14, 2011) – Adorna Carroll, a Realtor® from Berlin, Conn., has received the National Association of Realtors® 2011 Distinguished Service Award. Out of 1.1 million Realtors®, no more than two are recognized with this award each year. The recipients were announced in Anaheim, Calif., during NAR’s annual Realtors® Conference & Expo. NAR established the […]
REALTORS® Help Buyers Overcome Tight Mortgage Credit
ANAHEIM (November 13, 2011) – Home buyers face unprecedented hurdles in qualifying for a mortgage in today’s market, but getting a loan is possible for those who know how to overcome the obstacles, according to a presentation on Cracking the Credit Code at the 2011 Realtors® Conference & Expo. Data from the National Association of Realtors® […]
NAR Installs 2012 Officers
ANAHEIM (November 14, 2011) – Maurice “Moe” Veissi, a Realtor® from Miami, was installed today as 2012 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2011 Realtors® Conference & Expo. In 2011, Veissi was NAR president-elect, and he was NAR first vice president in 2010. A Realtor® for […]
Realtor® PeggyAnn McConnochie Honored with NAR Distinguished Service Award
ANAHEIM (November 14, 2011) – PeggyAnn McConnochie, a Realtor® from Juneau, Alaska, has received the National Association of Realtors® 2011 Distinguished Service Award. Out of 1.1 million Realtors®, no more than two are recognized with this award each year. The recipients were announced in Anaheim, Calif. during NAR’s annual REALTORS® Conference & Expo. NAR established the […]
October Existing-Home Sales Rise, Unsold Inventory Continues to Decline
WASHINGTON (November 21, 2011) – Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in […]
Realtors® Applaud Congress for Reinstating FHA Loan Limits
WASHINGTON (November 18, 2011) – The National Association of Realtors® commends Congress for reinstating the loan limit formula and maximum cap for Federal Housing Administration-insured loans for two years. “As the nation’s leading advocate for homeownership, we applaud members of Congress for restoring FHA’s previous loan limits, which will help reduce consumer cost burdens, stabilize […]
Growth in Commercial Real Estate Markets Expected in 2012
WASHINGTON (November 28, 2011) – Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said there is little change in most of the commercial market sectors. “Vacancy rates are flat, […]
NAR Awards Realtor® Associations Grants to Promote and Expand Affordable Housing
WASHINGTON (November 22, 2011) – The Housing Opportunity Program Grants, a National Association of Realtors® grant program, has presented $62,500 to 19 local and state Realtor® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities. “Realtors® work hard to help raise awareness and identify and promote solutions that […]