Realtors® Add Gender Identity to Code of Ethics
WASHINGTON (November 11, 2013) – The following is a statement by National Association of Realtors® President Steve Brown: “Today Realtors® have demonstrated their all-inclusive support of ensuring fair housing opportunities by adding gender identity to their Code of Ethics. As we celebrate 100 years of the Realtor® Code of Ethics, this decision is a fitting […]
October Existing-Home Sales Cool but Low Inventory Drives Prices
WASHINGTON (December 20, 2013) – Existing-home sales declined for the second consecutive month in October, while constrained inventory means home prices continue to see double-digit year-over-year gains, 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, fell… Read More
Realtors® Support Revamped Mortgage Disclosure Form
WASHINGTON (November 20, 2013) – The following is a statement by National Association of Realtors® President Steve Brown: “Realtors® applaud new rules from the Consumer Financial Protection Bureau that will help home buyers receive timely, accurate, and easy-to-understand information about their mortgage loan before closing. “Real estate is the largest financial investment most people will […]
October Pending Home Sales Down Again, but Expected to Level Out
WASHINGTON (November 25, 2013) – Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 0.6 percent to 102.1 in October from an […]
Modest Growth Seen in Commercial Real Estate Markets
WASHINGTON (November 22, 2013) – Commercial real estate leasing patterns are showing steady but modest growth, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, projects only modest changes in the coming year. “Jobs are the key driver for commercial real estate, and the accumulation of 7 […]
NAR Applauds House Passage of Legislation to Protect Realtors® from Frivolous Patent Infringement Lawsuits
WASHINGTON (December 5, 2013) – “The Innovation Act of 2013, which passed in the U.S. House of Representatives today, will help curb abusive patent litigation and licensing schemes that are increasingly harming Realtors® and main street business owners. “NAR will continue to support legislative efforts to prevent fraudulent claims from ‘patent trolls,’ who divert significant […]
Realtors® Applaud DeMarco for Heeding Warnings, Leaving GSE Loan Limits As Is
WASHINGTON (November 26, 2013) – The following is a statement by National Association of Realtors® President Steve Brown: “Realtors® welcome today’s announcement from the Federal Housing Finance Agency that the current limits on conforming loans will remain in effect until further notice. As the leading voice for homeownership, NAR opposes lowering the ceiling on loans […]
NAR Praises Positive Federal Housing Administration Actuarial Review
WASHINGTON (December 13, 2013) – The following is a statement by National Association of Realtors® President Steve Brown: “NAR is a strong supporter of the Federal Housing Administration and its vital role in the mortgage marketplace. “The 2013 Actuarial Review released today shows that FHA is on a positive trajectory to rebuild its capital reserve […]
Realtors® Applaud Confirmation of Watt as FHFA Director
WASHINGTON (December 10, 2013) – The following is a statement by National Association of Realtors® President Steve Brown: “NAR commends the U.S. Senate today for approving the nomination of Rep. Melvin Watt for the position of Federal Housing Finance Agency director. “During his two-decade tenure in Congress, Watt served on the U.S. House Financial Services […]
Pending Home Sales Edge Up in November
WASHINGTON (December 30, 2013) – Pending home sales stabilized in November with a slight gain, according to the National Association of Realtors®. Monthly increases in the South and West offset declines in the Northeast and Midwest. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.2 percent to 101.7 in […]
