Realtors® Applaud Senate Hearings on Housing Finance Reform
WASHINGTON (September 12, 2013) – The following is a statement by National Association of Realtors® President Gary Thomas: “Realtors® applaud Senate Banking Committee Chairman Tim Johnson, D-S.D., and Ranking Member Mike Crapo, R-Idaho, for initiating a series of hearings beginning today about the future of the secondary mortgage market and the essential elements of sustainable […]
Realtors® Respond to President Obama's Speech on Fifth Anniversary of Financial Crisis
WASHINGTON (September 16, 2013) – The following is a statement by National Association of Realtors® President Gary Thomas: “In his speech today, President Obama reflected on the five years since the financial meltdown and on the housing market’s steady return from the epoch of underwater mortgages, foreclosures and frozen credit. With NAR’s support, the administration […]
Realtors® Help Support U.S. Troops with New Military Relocation Professional Certification
WASHINGTON (September 16, 2013) – Realtors® have always been invested in helping military service professionals find housing solutions that best meet their needs and allow them to take full advantage of their military benefits. Now Realtors® can enhance the services they provide for those who have served our country through the National Association of Realtors® […]
Pending Home Sales Decline in August
WASHINGTON (September 26, 2013) – Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, eased 1.6 percent to 107.7 in August […]
August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices
WASHINGTON (September 19, 2013) – Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes,… Read More
Home Buyers Value Environmentally Friendly Features
WASHINGTON (October 9, 2013) – Homeowners frequently see their heating bills rise as fall begins and the weather cools. For this reason, homes with energy efficient and environmentally friendly features are often a priority to prospective buyers. According to the National Association of Realtors®’ 2012 Profile of Home Buyers and Sellers, nearly nine out of […]
Realtor® Good Neighbor Award Winners Improve Lives, Build Strong Communities
WASHINGTON (October 1, 2013) – One of the many ways that Realtors® strengthen communities and the lives of their neighbors is through volunteer work, and for 14 years the Good Neighbor Awards program has recognized Realtors® who do just that. The five individuals named as this year’s REALTOR® Magazine Good Neighbor Awards winners demonstrate how […]
Existing-Home Sales Down in September but Prices Rise
WASHINGTON (October 21, 2013) – After hitting the highest level in nearly four years, existing-home sales declined in September, but limited inventory conditions continued to pressure home prices in much of the country, 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, […]
NAR Uses Big Data To Make a Big Difference for Realtors®
CHICAGO (October 21, 2013) – Today’s ever-evolving technology world is transforming the real estate industry, not only with new applications and tools, but also in generating volumes of information about how people approach and conduct real estate transactions. To help Realtors® understand and interpret these trends, the National Association of Realtors® has hired Todd Carpenter […]
Realtors® Warn Congress Default Could Have Severe Impact on Housing Market
WASHINGTON (October 10, 2013) – Defaulting on the nation’s federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery, cautioned the National Association of Realtors® today in testimony before the Senate Committee on Banking, Housing and Urban Affairs. NAR President Gary Thomas called on Congress to raise the debt […]