REALTOR® University Granted Approval to Offer Master of Real Estate Degree Program
CHICAGO (February 8, 2012) – REALTOR® University now offers a Master of Real Estate degree for real estate professionals who are interested in expanding their education to advance their career and improve their business. Recently granted operating and degree authority by the Illinois Board of Higher Education, REALTOR® University was established by the National Association […]
REALTORS®: Bernanke Underscores Need for Housing Recovery
WASHINGTON (February 2, 2012) – The following is a statement by National Association of Realtors® President Moe Veissi: “NAR appreciates remarks made by Federal Reserve Chairman Ben Bernanke in support of homeowners and the struggling housing market in testimony today before the House Budget Committee. “We fully support Chairman Bernanke’s comments that the lack of […]
NAR to Administration: Do No Harm to Housing
WASHINGTON (February 13, 2012) – The following is a statement by National Association of Realtors® President Moe Veissi: “As the leading advocate for housing and homeownership, NAR is strongly opposed to elements of President Obama’s budget proposal that would limit itemized deductions, including the mortgage interest deduction, for thousands of families. “NAR firmly believes that the […]
Fourth Quarter Metro Area Home Prices Boost Affordability, Sales Improving
WASHINGTON (February 9, 2012) – Housing affordability conditions improved in most metropolitan areas from softer existing-home prices and record-low mortgage interest rates in the fourth quarter, with rising sales and lower inventory creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®. Introduced with this release is a new annual […]
NAR Collaborates With U.S. Treasury on Short Sale "Help for Homeowners"
WASHINGTON (February 22, 2012) – A new National Association of Realtors® collaboration with the U.S. Department of the Treasury will help Realtors® better assist homeowners who are struggling to sell their homes in a short sale. Realtors® who attend upcoming Making Home Affordable “Help for Homeowners” outreach events, sponsored by the Treasury Department, will learn […]
Existing-Home Sales Rise Again in January, Inventory Down
WASHINGTON (February 22, 2012) – Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 4.3 percent to a seasonally adjusted annual rate of […]
January Pending Home Sales Rise, Market on Uptrend
WASHINGTON (February 27, 2012) – Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.0 percent […]
Commercial Real Estate Vacancy Rates Improving, Rents Firming
WASHINGTON (February 24, 2012) – According to the National Association of Realtors® quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord’s market commanding bigger rent increases. These trends also are confirmed in NAR’s recent quarterly Commercial Real Estate Market Survey. Lawrence […]
Government Foreclosure to Rental Pilot Programs Not Needed In Most Markets, Say Realtors®
WASHINGTON (March 1, 2012) – Housing markets are complex and varied, and a government pilot program to turn bank-owned properties into rentals could be disruptive and counterproductive in some markets, according to the National Association of Realtors®. NAR urges the Federal Housing Finance Agency (FHFA) to proceed cautiously with its Real Estate-Owned (REO) Initiative pilot […]
REALTOR® Magazine Seeking Nominations for Annual Good Neighbor Awards
WASHINGTON (February 28, 2012) – Realtors® work hard to help people buy and sell homes, while also dedicating their time and efforts to improve the quality of life in communities across the country. The National Association of Realtors® recognizes these Realtors® who devote themselves to volunteer service through REALTOR® Magazine’s Good Neighbor Awards, which is currently […]
