Existing-Home Sales and Prices Continue to Rise in February
WASHINGTON (March 21, 2013) – February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of Realtors®. Sales have been above year-ago levels for 20 consecutive months, while prices show 12 consecutive months of year-over-year price increases. Total existing-home sales1, which are completed transactions that […]
NAR Selects Six Start-Ups to Join REach™ Accelerator Program
2013 class will receive mentoring and market advantages from alignment with strategic venture arm of the National Association of Realtors® WASHINGTON (March 26, 2013) – REach™, an accelerator program developed by Second Century Ventures (SCV) , the strategic investment arm of the National Association of Realtors® to introduce innovative technology companies to the real estate marketplace, […]
Home Values Performed 42 Percent Better When Located Near Public Transportation During Last Recession
WASHINGTON (March 21, 2013) – Location, location, location near public transportation may be the new real-estate mantra according to a new study released today by the American Public Transportation Association (APTA) and the National Association of Realtors® (NAR). Data in the study reveals that during the last recession, residential property values performed 42 percent better […]
NAR Tech Edge Gives Realtors® Tools to Enhance Their Business
WASHINGTON (April 1, 2013) – Technology has transformed the way Realtors® do business, and the National Association of Realtors® is helping members keep up with the latest trends that can enhance business and client relations. NAR Tech Edge, a one-day technology conference hosted by NAR, will give attendees the chance to learn about cutting-edge technologies […]
Pending Home Sales Slip on Constrained Inventory
WASHINGTON (March 27, 2013) – February pending home sales flattened with limited buyer choices, but remained at the second highest level in nearly three years, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 0.4 percent to 104.8 in February from a downwardly revised […]
Treater Joins REach™ Charter Class
WASHINGTON (April 9, 2013) – REach™ today named Treater as the seventh company to join its charter class. REach™ is an Accelerator program developed by Second Century Ventures, the strategic investment arm of the National Association of Realtors® to introduce innovative technology companies to the real estate marketplace. Treater joins BombBomb, Lumentus, Planwise, Reach150, Updater, […]
2012 Vacation Home Sales Up, Investment Dips but Stays Elevated, Prices Rise
WASHINGTON (April 2, 2013) – Vacation home sales improved in 2012, while investment purchases remained elevated for a second consecutive year, according to the National Association of Realtors®. NAR’s 2013 Investment and Vacation Home Buyers Survey,* covering existing- and new-home transactions in 2012, shows vacation-home sales rose 10.1 percent to 553,000 from 502,000 in 2011. […]
Buyers, Sellers and Realtors® Get Ready for Nationwide Open House Weekend
WASHINGTON (April 19, 2013) — Despite the digital age, open houses have remained one of the top resources for buyers when it comes to their home search process. This weekend buyers can get a jump on the spring buying season by visiting open houses in their area during Realtor® Nationwide Open House Weekend, organized by […]
Realtors® Applaud FHA for Taking Steps to Improve its Financial Stability; More Reforms Necessary
WASHINGTON (April 10, 2013) – While the Federal Housing Administration still faces challenges ahead, the agency has already taken a number of significant steps to mitigate risk and increase the solvency and strength of the mortgage-insurance fund. That’s according to National Association of Realtors® President Gary Thomas, who testified today before the U.S. House […]
March Existing-Home Sales Slip Due to Limited Inventory, Prices Maintain Uptrend
WASHINGTON (April 22, 2013) – Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, 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 0.6 percent to a seasonally adjusted annual rate of 4.92 million in March […]