December Pending Home Sales Fall
WASHINGTON (January 30, 2014) – Pending home sales measurably dropped in December, with abnormal weather partly inhibiting home shopping in much of the U.S., according to the National Association of Realtors®. Declines were experienced in all four major regions. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 8.7 percent to […]
The State of the Union is Getting Better for Homeownership
WASHINGTON (January 28, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “NAR commends President Obama for highlighting two key policy reforms during his State of the Union address tonight that support the future of homeownership and the business of real estate. “Realtors® welcome the President’s call for legislation […]
Metro Areas See Solid Home-Price Growth, Some Markets Facing Affordability Issues
WASHINGTON (February 11, 2014) – The lion’s share of metropolitan areas continued to experience strong year-over-year price growth in the fourth quarter, according to the latest quarterly report by the National Association of Realtors®. A companion metro area annual affordability report shows less favorable conditions, particularly in the West. The median existing single-family home price […]
Realtors® Praise Senate Passage of Bill to Delay Flood Insurance Rate Increases
WASHINGTON (January 30, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “The Homeowner Flood Insurance Affordability Act, S. 1926, passed by the Senate this afternoon is the time-out Realtors® first advocated when dramatic flood insurance premium increases went into effect on October 1, 2013. “This legislation will help […]
NAR Tech Edge helps Realtors® Keep Abreast of the Latest Technologies
WASHINGTON (February 13, 2014) – The ever-changing technology landscape continues to transform the way that Realtors® and the real estate business operate. To help Realtors® keep up with the latest mobile and web-based technologies that can benefit their business and clients, the National Association of Realtors® is continuing its one-day technology conference series, NAR Tech […]
Commercial Real Estate Investors "Cautiously Optimistic" As the Future Unfolds, According to New Outlook Report
WASHINGTON (February 12, 2014) – Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds, an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of Realtors®(NAR). The three organizations have […]
Existing-Home Sales Drop in January While Prices Continue to Grow
WASHINGTON (February 21, 2014) – Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., 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, dropped 5.1 percent […]
REALTOR® Magazine’s 2014 Good Neighbor Awards Open for Nominations
WASHINGTON (February 18, 2014) – Realtors® have a long-standing tradition of aiding those in need, and many volunteer their time and energy to improving the lives of others in communities throughout the world. The National Association of Realtors® recognizes those Realtors® who demonstrate exceptional service through REALTOR® Magazine’s Good Neighbor Awards, which is currently accepting […]
NAR Names New General Counsel
WASHINGTON (February 24, 2014) – After a comprehensive national search, the National Association of Realtors® has selected Katie Raynolds Johnson as the association’s newest Senior Vice President and General Counsel. She assumes her new responsibilities effective today. Johnson has served as Associate Counsel for NAR since 2007; before coming to NAR she worked at the […]
Commercial Real Estate Outlook Positive but Moderating
WASHINGTON (February 24, 2014) – Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, said fundamentals are still on an uptrend. “Growth in commercial real estate sectors continues at a moderate pace from […]
