Vacation Home Sales Surge in 2013, Investment Property Declines
WASHINGTON (April 2, 2014) – Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors®. NAR’s 2014 Investment and Vacation Home Buyers Survey,* covering existing- and new-home transactions in 2013, shows vacation-home sales jumped 29.7 percent to […]
Pending Home Sales Increase in March
WASHINGTON (April 28, 2014) – After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.4 percent to 97.4 from an upwardly revised 94.2 in […]
Existing-Home Sales Remain Soft in March
WASHINGTON (April 22, 2014) – Existing-home sales were essentially flat in March, while the growth in home prices moderated, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were offset by declines in the West and South. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums […]
New NAR Guide Helps MLSs Highlight Green Homes and Features
WASHINGTON (May 7, 2014) – Finding and selling green homes is about to get easier for buyers and sellers with the National Association of Realtors®’ new Green MLS Implementation Guide, a comprehensive guide for helping multiple listing services promote the special features of a green home. “The demand for green is growing; NAR’s research consistently […]
Realtors® Report Positive Outlook in Commercial Market with Increases in Sales Volume, Income
WASHINGTON (May 6, 2014) – Realtors® who practice commercial real estate reported an increase in sales transaction volume and medium gross annual income last year, according to the 2014 National Association of Realtors® Commercial Member Profile. NAR commercial members who were surveyed conduct all or part of their activity in commercial sales, leasing, brokerage and […]
Home-Price Growth Slows in Many Metro Areas during First Quarter
WASHINGTON (May 12, 2014) – Although strong year-over-year price growth continued in most metropolitan areas in the first quarter, increases were somewhat smaller, according to the latest quarterly report by the National Association of Realtors®. A companion breakout of income requirements to purchase a median-priced home on a metro basis shows the typical buyer was […]
All-Cash Sales Up While Distressed Sales and Investors Decline
WASHINGTON (May 8, 2014) – Analysis of data collected for the Realtors® Confidence Index shows the market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said the findings are counterintuitive. “Distressed home sales, most popular […]
Realtor® Volunteering Works Program Announces 2014 Recipients of Mentoring and Grants
WASHINGTON (May 12, 2014) – REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the sixth annual Volunteering Works, a program that matches Realtors® who work on small-scale charitable efforts with mentors and awards them grant money. The Volunteering Works recipients were selected based on their dedication to the community through volunteer […]
Policy Issues Top of Mind as REALTORS® Head to Washington
WASHINGTON (May 12, 2014) – This week nearly 8,500 Realtors® from across the country will advocate policies that impact the residential and commercial real estate markets during the Realtor® Party Convention & Trade Expo. Realtors® will meet with legislators, congressional and regulatory staff, as well as top industry executives during the meetings, which run here […]
FHA Announces Blueprint for Greater Homebuyer Access to Credit
WASHINGTON (May 13, 2014) – The Federal Housing Agency is taking additional steps to expand access to mortgage credit for underserved borrowers, according to Department of Housing and Urban Development Secretary Shaun Donovan, who spoke to Realtors® today at the FHA: 80 Years and Counting – Regulatory Issues Forum during the Realtor® Party Convention & […]
