Pending Home Sales Up in May, Continue Pattern of Strong Annual Gains
WASHINGTON (June 27, 2012) – Pending home sales bounced back in May, matching the highest level in the past two years, and are well above year-ago levels, according to the National Association of Realtors®. Both monthly and annual gains were seen in every region. The Pending Home Sales Index,* a forward-looking indicator based on contract […]
HouseLogic Offers a $20,000 Home Renovation with Boost Your Roost Contest
WASHINGTON (June 22, 2012) – HouseLogic.com, the award-winning comprehensive website for home owners from the National Association of Realtors®, is conducting a contest offering a chance to win a home renovation valued at $20,000 to make home sweet home that much sweeter. Today through July 16, homeowners are invited to submit renovation project ideas to […]
Home is Where the History Is
WASHINGTON (June 27, 2012) – As Americans prepare to celebrate Independence Day next week, thousands of them will flock to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country’s history and the men and women who shaped its future. The homes of founding fathers like George Washington, Thomas Jefferson […]
HouseLogic Helps Homeowners Clean up After Floods
WASHINGTON (June 29, 2012) – As Florida residents clean up in the aftermath of Tropical Storm Debby, many more Americans can anticipate flooding and damage during this year’s hurricane season. HouseLogic.com, the award-winning comprehensive website for home owners from the National Association of Realtors®, offers valuable resources and information to help residents clean up after […]
Strong, Independent Appraisal Industry Vital to Market and Loan Origination Process, Say Realtors®
WASHINGTON (June 28, 2012) – Developing and reporting property values more accurately is critical to improving market performance, reducing risk and strengthening the housing finance system, according to the National Association of Realtors®. That was the message delivered today by Frank Gregoire, immediate past chair of NAR’s Real Property Valuation Committee, in testimony before the House […]
Realtors® Testify Broad Qualified Mortgage is Critical to Bringing Certainty to Housing Finance System
WASHINGTON (July 11, 2012) – The National Association of Realtors® today urged Congress and the Administration to develop a broadly defined Qualified Mortgage (QM) regulation. The QM regulation is designed to ensure that lenders only make loans to borrowers who have the ability to repay the loan. If the QM regulation is too narrowly defined […]
Realtors® Applaud Long-Term Reauthorization of Flood Insurance Program
WASHINGTON (July 6, 2012) – The National Association of Realtors® applauds Congress for passing a five-year reauthorization of the National Flood Insurance Program (NFIP). The Biggert-Waters Flood Insurance Reform Act of 2012 was passed late last week as part of a transportation funding bill and signed into law by the president today. The legislation […]
June Existing-Home Prices Rise Again, Sales Down with Constrained Supply
WASHINGTON (July 19, 2012) – Existing-home prices continued to show gains but sales fell in June with tight supplies of affordable homes limiting first-time buyers, 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, declined 5.4 percent to a seasonally… Read More
Realtors® Support Setting Deadline for Subordinate Lien Holder Short Sale Decisions
WASHINGTON (July 19, 2012) – A proposed bill may soon help speed up the approval process for homeowners selling their home through short sale by requiring subordinate lien holders to review and respond to short sale requests within 45 days. The legislation, “The Fast Help for Homeowners Act,” was offered in Congress today by […]
Voting for $20k Home Renovation Now Open on HouseLogic
WASHINGTON (July 31, 2012) – HouseLogic.com, the award-winning, comprehensive website for homeowners from the National Association of Realtors®, is pleased to announce the six finalists in the website’s “Boost Your Roost” contest. Boost Your Roost gives homeowners a chance to win a $20,000 home renovation and star in original web videos this fall,… Read More