Pending Home Sales Slip in June, Remain Above a Year Ago

WASHINGTON (July 26, 2012) – Pending home sales declined in June but marked 14 consecutive months of year-over-year gains, according to the National Association of Realtors® The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 1.4 percent to 99.3 in June from a downwardly revised 100.7 in May but is 9.5 […]

Second Quarter Metro Area Home Prices Rise, Limited Inventory Capping Sales

WASHINGTON (August 9, 2012) – Median existing single-family home prices are rising in more metropolitan areas, but a lack of inventory – notably in lower price ranges – is limiting buyer choices in an increasing number of markets around the country, according to the latest quarterly report by the National Association of Realtors®. The median […]

Credit Union Merger Provides Greater Services for Realtors®

WASHINGTON (August 6, 2012) – On August 1, Realtors® Federal Credit Union merged with Northwest Federal Credit Union to better serve its members. Members of the Realtors® Federal Credit Union, now a division of Northwest Federal Credit Union, have greater access to service centers, financial loans, banking services and much more. “As the fastest growing […]

Realtors® Applaud FHFA for Expanding Short Sale Eligibility to Help More Struggling Homeowners

WASHINGTON (August 21, 2012) – The National Association of Realtors® applauds the Federal Housing Finance Agency for working with Fannie Mae and Freddie Mac to issue new guidelines that expand eligibility criteria and streamline the short sale process. The new guidelines would offer a more streamlined short sale approach for homeowners most in need, as […]

Existing-Home Sales Improve in July, Prices Continue to Rise

WASHINGTON (August 22, 2012) – Sales of existing homes rose in July even with constraints of affordable inventory, and the national median price is showing five consecutive months of year-over-year increases, according to the National Association of Realtors®.  Monthly sales rose in every region but the West, where inventory is very tight. Total existing-home sales1, […]

Commercial Real Estate Recovering at a Slower Pace

WASHINGTON (August 27, 2012) – Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, said there are […]

July Pending Home Sales Rebound

WASHINGTON (August 29, 2012) – Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.4 percent to 101.7 in July from 99.3 in June […]

NAR Member Benefit Helps Realtors® Take Care of Their Homes

WASHINGTON (August 28, 2012) – Realtors® help people achieve the dream of homeownership, but are often also homeowners themselves. A new offer through the REALTOR Benefits® Program will help members of the National Association of Realtors® who own homes prolong the life of their air conditioning and heating systems. American Home Shield, a long-time participant […]

NAR Announces Finalists Recognized for Excellence in Community Service

WASHINGTON (August 29, 2012) – Realtors® are the backbone of their communities, often supporting local causes large and small, and volunteering their time to help improve the communities in which they live. The National Association of Realtors® recognized 10 such Realtors® today as finalists for REALTOR® Magazine’s 2012 Good Neighbor Awards. This year marks the […]

HouseLogic Helps Families Prepare for Back-to-School

WASHINGTON (August 31, 2012) – It’s that time of year again! The dog days of summer are drawing to a close with fall just around the corner. Many families are turning their attention towards one of the most important parts of their entire year, sending their kids back to school. For many families, school and […]