Tight Lending Standards Hindering Commercial Real Estate Recovery
WASHINGTON (May 3, 2012) – Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors® annual Commercial Real Estate 2012 Lending Survey. Lawrence Yun, […]
Realtor® Magazine Wins Multiple Awards for Media Innovation
WASHINGTON (May 10, 2012) – Realtor® Magazine, an online and print publication of the National Association of Realtors®, has received three awards for Media Innovation from the Association Media & Publishing EXCEL Awards. The EXCEL Awards honor the best and brightest in association media and publishing. “NAR is Realtors®’ business advantage, and Realtor® Magazine is […]
America Needs Long-Term Extension of National Flood Insurance Program, Say Realtors®
WASHINGTON (May 9, 2012) – A long-term extension of the National Flood Insurance Program (NFIP) before the current temporary extension expires on May 31, is critical to provide certainty and avoid further disruptions in real estate markets. That was the message delivered today by National Association of Realtors® President Moe Veissi before the Senate Banking […]
2012 NAR Member Survey Shows Rising Incomes
WASHINGTON (May 14, 2012) – The income and business of Realtors® is growing after many years of decline, according to the 2012 National Association of Realtors® Member Profile. The study’s results are representative of the nation’s Realtors®, who are members of NAR. Realtors® account for about half of the 2 million active real estate licensees […]
Xceligent Acquires Commercial Data Platform from NAR's Second Century Ventures
WASHINGTON (May 10, 2012) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has sold ePropertyData (ePD) to Xceligent to create a competitive national alternative in commercial real estate information. Xceligent will leverage ePD’s commercial information exchange (CIE) solution to help expand its existing coverage of fully researched commercial real estate […]
New REALTOR Benefits® Partner, Xceligent, Creates Competitive Advantage
WASHINGTON (May 14, 2012) – The National Association of Realtors® announced today a strategic alliance with Xceligent, Inc., a leading commercial real estate information services provider. Xceligent recently acquired ePropertyData from NAR’s strategic investment fund, Second Century Ventures, to create a competitive national alternative in commercial real estate information. As part of the REALTOR Benefits® […]
Realtors® Ready to Drive Real Estate Issues Home in Nation's Capital
WASHINGTON (May 14, 2012) – 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 homeowners, aspiring homeowners and real estate investors everywhere as the Realtors® Midyear Legislative Meetings & Trade Expo begins. “As leading advocates for homeownership, housing issues […]
Housing Mortgage Market Reform Key to Housing Recovery
WASHINGTON (May 15, 2012) – A sustainable housing recovery requires that policymakers move forward with the difficult decisions regarding the future of the mortgage market. That’s according to Federal Reserve Board Governor Elizabeth Duke, who spoke to Realtors® at a joint Real Estate Services and Regulatory Issues Forum—Prescriptions for Housing Recovery session today during the […]
Housing Affordability Indices Reach Records in First Quarter
WASHINGTON (May 15, 2012) – Housing affordability conditions for all buyers reached a milestone in the first quarter, according to the National Association of Realtors®. NAR’s composite quarterly Housing Affordability Index* rose to a record high of 205.9 in first quarter, based on the relationship between median home price, median family income and average mortgage […]
Future of Housing Finance Will be Top Issue for Next President
WASHINGTON (May 16, 2012) – The future of housing finance in the U.S. will be a key issue facing the winner of the upcoming presidential election. That’s what a panel of industry experts told several thousand Realtors® gathered at a symposium, Housing Policy in 2013: Challenges, Opportunities and Solutions, during the Realtors® Midyear Legislative Meetings […]