Existing-Home Sales Decline in November, but Strong Price Gains Continue
WASHINGTON (December 19, 2013) – Existing-home sales fell in November, although median prices continue to show strong year-over-year growth, according to the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 4.3 percent to a seasonally adjusted annual rate of 4.90 million in November […]
Realtors®, CFPB to Monitor Impacts of New Mortgage Rule
WASHINGTON (January 7, 2014) – New mortgage lending rules to protect consumers from risky loan products will take effect this Friday, and Realtors® will be on the front lines as homebuyers access safer mortgages that meet strong underwriting standards, said Consumer Financial Protection Bureau Director Richard Cordray at an event held today by the National […]
NAR Announces Opening of Applications for Strategic Technology Accelerator, REach™
CHICAGO (January 7, 2014) – REach™, the strategic accelerator for technology startups created and managed by the National Association of Realtors®’ investment fund, Second Century Ventures, announced the opening of applications to join its 2014 class. The deadline to apply for the 2014 program is March 1. The program runs from April through the Realtors® […]
Realtors® Support FHFA Decision to Delay Fannie, Freddie Fee Increases
WASHINGTON (January 8, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “Realtors® applaud the decision by Federal Housing Finance Agency Director Mel Watt to delay increases in guarantee fees on loans purchased by Fannie Mae and Freddie Mac. In a September 2013 letter, NAR called on FHFA to refrain […]
NAR Extends Alliance with Chrysler Group LLC
WASHINGTON (January 8, 2014) – Part of the cost of doing business as a real estate agent is spending a considerable amount of time driving from one property to another to assist clients. To help members who are always on the go, the National Association of Realtors® is pleased to announce a two-year extension of […]
Realtors® Rate Exterior Replacement Projects Among Most Valuable Home Improvements
WASHINGTON (January 16, 2014) – A home’s curb appeal is crucial because it can be the first thing buyers notice about a home. That’s why Realtors® rated exterior projects among the most valuable home improvement projects in the 2014 Remodeling Cost vs. Value Report. “With many factors to consider such as cost and time, deciding […]
REALTOR® Magazine Seeks Entries for 2014 Volunteering Works Program
WASHINGTON (January 14, 2014) – Realtors® are not only strong advocates for homeownership, but also for their communities, and many contribute countless hours of their time to enhance the lives of others. For six years now, Realtor® Magazine’s Good Neighbor Society has helped Realtors® expand and develop their charitable efforts through the Volunteering Works Grant […]
December Existing-Home Sales Rise, 2013 Strongest in Seven Years
WASHINGTON (January 23, 2014) – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.0 percent to a seasonally […]
Multi Merchant Prepaid Card Gives Realtors® a New Way to Thank Clients
WASHINGTON (January 28, 2014) – It’s common practice for real estate professionals to give closing gifts to their home buying and selling clients, and a new offer through the REALTOR Benefits® Program gives members of the National Association of Realtors® a new way to thank and stay connected with their clients. Through a new collaboration […]
Realtors® Optimistic as Senate Moves to Consider Flood Insurance Rate Relief Bill
WASHINGTON (January 27, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “Realtors® applaud the Senate for moving to consider and debate the Homeowner Flood Insurance Affordability Act, S. 1926, sponsored by Sens. Bob Menendez, D-N.J., and Johnny Isakson, R-Ga. This critical legislation will help the millions of […]
