NAR Protects Realtor® Trademark by Winning Domain Name Challenge
WASHINGTON (March 8, 2012) – The National Association of Realtors® has won a challenge to the use of its trademark Realtor® in a domain name operated by a former member. NAR rules allow members to use its trademark Realtor® in domain names according to specific requirements and rules. After extensive but unsuccessful efforts by NAR […]
Housing Affordability Index Hits Record High
WASHINGTON (March 6, 2012) – Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®. NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate. The higher […]
Realtors® Praise FHFA for Banning Private Transfer Fees
WASHINGTON (March 16, 2012) – The following is a statement by National Association of Realtors® President Moe Veissi: “As the leading advocate for homeownership and housing issues, NAR applauds the Federal Housing Finance Agency for issuing a final rule to restrict Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages […]
Seniors and Young Adults Will Influence U.S. Housing Markets
WASHINGTON (March 13, 2012) – Aging baby boomers and their echo boomer children will significantly impact trends in the nation’s housing market over the next 20 years. In a new report released by the Bipartisan Policy Center, “Demographic Challenges and Opportunities for U.S. Housing Markets,” researchers at the National Association of Realtors®, The Urban Institute, and […]
Strong Investment Home Sales Demonstrate Limited Need for Bulk REO Sales Program, Say Realtors®
WASHINGTON (May 29, 2012) – Investment home purchases represented nearly one-third of all existing-home sales last year, according to a National Association of Realtors® report on second homes released today. This robust investment activity underscores the importance of limiting the government’s use of real estate owned (REO) bulk sales, as NAR recommended in a letter […]
February Existing-Home Sales Slip But Up Strongly From a Year Ago
WASHINGTON (March 21, 2012) – February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors®. Sales were up in the Midwest and South, offset by declines in the Northeast and West. Total existing-home […]
Investment and Vacation Home Sales Surge in 2011
WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®. NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 […]
Pending Home Sales Ease in February but Solidly Higher Than a Year Ago
WASHINGTON (March 29, 2012) – Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, eased 0.5 percent to 96.5 in February from 97.0 in […]
Realtors® Raise Fair Housing Awareness in Local Communities
WASHINGTON (April 2, 2012) – As the leading advocate for homeownership and housing issues, the National Association of Realtors® will join the nation in honoring Fair Housing Month this April. This year marks the 44th anniversary of the 1968 landmark Fair Housing Act, which prohibits discrimination based on race, color, national origin, religion, sex, familial […]
Investment and Vacation Home Sales Surge in 2011
WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®. NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 […]
