Terrorism Risk Insurance Vital to Commercial Real Estate Market, Say Realtors®
WASHINGTON (September 11, 2012) – American businesses rely upon the availability and affordability of terrorism risk insurance and it’s a vital component of most commercial real estate transactions, the National Association of Realtors® said in testimony today. NAR’s 2012 Commercial Committee Vice Chair Linda St. Peter spoke before the House Financial Services Subcommittee on Insurance, […]
Homes Selling More Quickly, Time on Market Down with Tighter Supplies
WASHINGTON (September 5, 2012) – A new measure shows the typical amount of time it takes to sell a home is shrinking, and for traditional sellers is now in the range of historic norms for a balanced market, well below the cyclical peak reached in 2009, according to the National Association of Realtors®. The median […]
Home Sales and Job Creation would Rise with Sensible Lending Standards
WASHINGTON (September 17, 2012) – New survey findings, combined with an analysis of historic credit scores and loan performance, show home sales could be notably higher by returning to reasonably safe and sound lending standards, which also would create new jobs, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said there […]
HouseLogic Named Best Online Content Marketing Program of the Year
WASHINGTON (September 24, 2012) – HouseLogic.com, a comprehensive website about all aspects of homeownership from the National Association of Realtors®, has won Content Marketing Institute’s (CMI) 2012 Content Marketing Orange Award for the Content Marketing “Program of the Year” in the online channel. The Orange Awards are presented to the best examples of content marketing […]
August Existing-Home Sales and Prices Rise
WASHINGTON (September 19, 2012) – Existing-home sales continued to improve in August and the national median price rose on a year-over-year basis for the sixth straight month, according to the National Association of Realtors®. Total existing-home sales 1 , which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 7.8 percent to […]
Pending Home Sales Decline in August
WASHINGTON (September 27, 2012) – After reaching a two-year peak, pending home sales fell in August but are at elevated levels compared with a year ago, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.6 percent to 99.2 in August from an upwardly […]
Discounted Sprint Plans Make it Easier for Realtors® to Connect
WASHINGTON (October 5, 2012) – When working with a real estate professional, home buyers and sellers count on their agent to be accessible and easy to reach any time of day. The National Association of Realtors® is making this even easier for its members through a new collaboration with Sprint through the REALTOR Benefits® Program, […]
Low Valuation in Home Appraisals Causing Steady Level of Contract Glitches
WASHINGTON (October 10, 2012) – The real estate market is recovering but still faces hurdles, notably from tight mortgage credit, but problems with a sizeable share of real estate appraisals also are holding back home sales, according to survey findings by the National Association of Realtors®. Most appraisers are competent and provide good valuations that […]
September Existing-Home Sales Down but Prices Continue to Improve
WASHINGTON (October 19, 2012) – September existing-home sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family… Read More
Realtors® Focus on Workforce Housing Challenges, Solutions at National Forum
WASHINGTON (October 10, 2012) – As leading advocates for housing issues, Realtors® work hard to address the shortage of affordable housing for public and private sector workers in communities across the country. To raise awareness of this critical issue, the National Association of Realtors® will host a national forum today in Chicago focusing on the […]
