Home-Price Gains Decelerate in Many Metro Areas during Second Quarter

WASHINGTON (August 12, 2014) – Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of Realtors®. The median existing single-family home price increased in 71 percent of measured […]

New Credit Scoring Calculation Will Improve Access to Homeownership, Say Realtors®

WASHINGTON (August 8, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “Realtors® welcome today’s announcement from Fair Isaac Corp., or FICO, that it will no longer penalize borrowers for certain debt-collection activities when calculating credit scores. “This move will ultimately make a real difference in the lives of […]

NAR Announces Launch of .REALTOR Top-Level Domain

WASHINGTON (August 18, 2014) –The National Association of Realtors®’ new .REALTOR top-level domain will be available October 23, 2014 to members of NAR and the Canadian Real Estate Association. The Internet is undergoing vast changes with the creation of over 1,900 new top-level domains, and with nine out of 10 recent buyers beginning their home […]

Realtors® Join FHFA in Georgia to Inform Homeowners about HARP Benefits

ATLANTA  (August 14, 2014) – More than 34,000 Atlanta residents are potentially eligible to reduce their mortgage payments under the Home Affordable Refinance Program, or HARP, according to Federal Housing Finance Agency Director Mel Watt and the National Association of Realtors®, who are participating in a special town hall meeting in Atlanta today for community […]

Realtors® Say Attorney General Holder is Right – No One Should Pay Taxes on Phantom Income

WASHINGTON (August 21, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “U.S. Attorney General Eric Holder called on Congress today to do the right thing for financially distressed American families who lost homes to foreclosure or short sales this year, and Realtors® agree. After announcing the details of […]

Existing-Home Sales Continue to Climb in July

WASHINGTON (August 21, 2014) – Existing-home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, 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, rose 2.4… Read More

NAR President Steve Brown and HUD Secretary Julián Castro Share Real Insights

WASHINGTON (August 26, 2014) – Buying a home is one of the most significant personal and financial commitments most Americans ever make. To give today’s home buyers and sellers the information they need to succeed, the National Association of Realtors® has launched Real Insights. Today’s… Read More

Improving Economy Slowly Brightens Outlook for Commercial Real Estate

WASHINGTON (August 26, 2014) – The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of Realtors® quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, says after many false starts, […]

Pending Home Sales Pick Up in July

WASHINGTON (August 28, 2014) — Pending home sales rebounded in July and have now risen in four of the last five months, according to the National Association of Realtors®. All major regions experienced healthy gains except for the Midwest, which saw a slight decline. The Pending Home Sales Index,* a forward-looking indicator based on contract […]

Realtor® Award Finalists Selected for Their Dedication to Community Service

WASHINGTON (August 27, 2014) – The National Association of Realtors® has recognized 10 Realtors® as finalists for REALTOR® Magazine’s 2014 Good Neighbor Awards. This award honors Realtors® who help build communities, often supporting causes that enrich and improve neighborhoods and volunteering their time to better the lives and homes of community members. This year marks […]