Realtors® Welcome Secretary Julián Castro’s New Vision for HUD
WASHINGTON (September 16, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “By making access to affordable homeownership the cornerstone of his vision for the future of the Department of Housing and Urban Development, Secretary Julián Castro is proving himself to be dedicated to the values supported by Realtors® […]
Realtors® President Calls on Policy Makers to Protect Middle Class Homeownership at Bipartisan Policy Center Housing Summit
WASHINGTON (September 16, 2014) – National Association of Realtors® President Steve Brown delivered remarks about the ongoing obstacles to mortgage credit facing creditworthy buyers today at the Bipartisan Policy Center’s 2014 Housing Summit, Housing America’s Future: New Directions for National Policy. Brown, co-owner of Irongate, Inc., Realtors® in Dayton, Ohio, joined distinguished housing leaders and […]
Existing-Home Sales Slightly Lose Momentum in August as Investor Activity Declines
WASHINGTON (September 22, 2014) – After four consecutive months of gains, existing-home sales slipped in August as investors paying in cash retreated from the market, according to the National Association of Realtors®. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West. Total existing-home sales 1, which are completed […]
Pending Home Sales Fall Slightly in August
WASHINGTON (September 29, 2014) – Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of Realtors®. All major regions experienced declines except for the West, which rose for the fourth consecutive month. The Pending Home Sales Index,* a forward-looking indicator […]
2014 Realtor® Good Neighbor Award Winners Improve Lives, Communities
WASHINGTON (October 1, 2014) – For the past 15 years, the Good Neighbor Awards program has honored Realtors® who volunteer their time and energy to help strengthen their communities and better the lives of their neighbors. The five individuals recognized as this year’s REALTOR® Magazine Good Neighbor Awards winners exemplify Realtors®’ commitment to serving their […]
NAR Wins Rights to .Realestate Top-Level Domain
WASHINGTON (October 6, 2014) – The National Association of REALTORS® has won the rights to the new .realestate top-level domain. NAR intends to use the .realestate domain along with the recently acquired .REALTOR domain to create order for real estate information on the Internet and to provide NAR members with tools that help brand themselves […]
Real Estate Firms Optimistic About Future of Industry
WASHINGTON (October 2, 2014) – Real estate firms are confident about the future growth and profitably of their industry, according to the 2014 National Association of Realtors® Profile of Real Estate Firms. “The real estate industry is competitive, and Realtors® know that to be successful they must have a strong entrepreneurial spirit and the know-how […]
Realtors® Say QRM Rule Will Provide Clarity in Housing Finance Market, Benefit Consumers
WASHINGTON (October 21, 2014) – The following is a statement by National Association of Realtors® President Steve Brown: “NAR applauds the Federal Deposit Insurance Corporation for finalizing the Qualified Residential Mortgage rule today, which includes a broad definition of QRM and aligns with the Qualified Mortgage standard implemented earlier this year. “Realtors® are confident that […]
Existing-Home Sales Rebound in September
WASHINGTON (October 21, 2014) – After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Total existing-home sales1, which are completed transactions that include single-… Read More
NAR Annual Survey Reveals Notable Decline in First-time Buyers
WASHINGTON (November 3, 2014) – Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its full potential, according to an annual survey released today by the National Association of Realtors®. The survey […]
