Pending Home Sales Continue Slide in September

WASHINGTON (October 28, 2013) – Pending home sales declined for the fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 5.6 percent to 101.6 in September from […]

Then and Now: A Decade of Technology in Real Estate

WASHINGTON (October 25, 2013) – More buyers than ever are taking advantage of the latest technology and online tools to search for a place to call home. As a result, Realtors® are leveraging new technologies to better assist their more tech savvy clients. A 10-year history of the National Association of Realtors® annual Member Profile […]

Realtors® Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

  WASHINGTON (October 29, 2013) – As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption to the economy, warned the National Association […]

Realtors® Applaud Bipartisan Legislation to Delay Flood Insurance Rate Increases

WASHINGTON (October 29, 2013) – The following is a statement by National Association of Realtors® President Gary Thomas: “The bipartisan ‘Homeowner Flood Insurance Affordability Act’ introduced today in the Senate by Sens. Robert Mendendez, D-N.J.; Johnny Isakson, R-Ga.; and Mary Landrieu, D-La., and in the House by Reps. Michael Grimm, R-N.Y., and Maxine Waters, D-Calif., […]

Realtors® Report Americans Prefer to Live in Mixed-Use, Walkable Communities

WASHINGTON (November 1, 2013) – Choosing a community is one of the most important factors for consumers as they consider buying a home, and research by the National Association of Realtors® has consistently revealed that Americans prefer walkable, mixed-use neighborhoods and shorter commutes. According to NAR’s 2013 Community Preference Survey, 60 percent of respondents favor […]

Realtors® to Regulators: Aligning QRM with QM Assures Safe, Sound Mortgage Lending

WASHINGTON (October 31, 2013) – Revised rules proposed by federal regulators will help ensure rigorous and effective underwriting while also providing creditworthy homebuyers with access to safe mortgage financing, according to the National Association of Realtors®. In a comment letter submitted today, NAR applauded regulators for synchronizing Qualified Residential Mortgage standards with those applied to […]

Most Metro Areas Show Strong Annual Home-Price Growth

WASHINGTON (November 6, 2013) – The majority of metropolitan areas in the third quarter experienced robust year-over-year price gains, with the national median price showing the strongest annual growth in nearly eight years, according to the latest quarterly report by the National Association of Realtors®. The median existing single-family home price increased in 88 percent […]

Home Buyers and Sellers Survey Shows Lingering Impact of Tight Credit

WASHINGTON (November 4, 2013) – Although the housing market has shown a healthy recovery over the past two years, unnecessarily restrictive mortgage lending standards are preventing some financially qualified buyers from reaching their dreams, especially singles and first-time buyers, according to an annual study released today. The 2013 National Association of Realtors® Profile of Home […]

Realtors® Join Habitat for Humanity of Greater San Francisco to Create Housing Opportunities for Area Residents

SAN FRANCISCO (Nov. 6, 2013) – As leading advocates for responsible and sustainable homeownership, Realtors® work tirelessly to ensure the American Dream of homeownership remains alive and well. That commitment was evident today as Realtors® joined forces with Habitat for Humanity of Greater San Francisco to help construct a multifamily housing development for low-income families […]

NAR Launches Priority Registration List for New .Realtor Top-Level Domain

SAN FRANCISCO (November 7, 2013) – During the 2013 REALTORS® Conference & Expo in San Francisco today, the National Association of Realtors® launched a member awareness campaign and priority registration for the .Realtor top-level domain, as an alternative… Read More