NAR Identifies Top Metro Areas Poised for Uptick in Baby Boomer Home Sales

WASHINGTON (December 10, 2014) – Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research by the National Association of Realtors®. NAR analyzed current […]

CREA & NAR Win Rights to .MLS Top-Level Domain

CHICAGO (December 18, 2014) – The Canadian Real Estate Association, in cooperation with the National Association of Realtors®, has secured the rights to the .MLS top-level domain. CREA has registered Canadian certification marks for the letters MLS and the term “multiple listing service” in Canada and is the exclusive licensee of the Realtor® mark in […]

Realtors® Disappointed Senate Failed to Reauthorize Federal Terrorism Risk Insurance Program

WASHINGTON (December 17, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron: “The U.S. Senate’s alarming failure to renew the federal terrorism risk insurance program before adjournment will stall commercial real estate development around the country. The Senate missed an opportunity to approve a six-year reauthorization of the Terrorism […]

Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

WASHINGTON (December 22, 2014) – After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors®. All major regions experienced a decline in sales compared to a month earlier. Total existing-home sales1… Read More

Pending Home Sales Show Modest Gain in November

WASHINGTON (December 31, 2014) — Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced a slight gain in activity in November. The Pending Home Sales Index,* a forward-looking indicator based on contract […]

Realtors® Applaud House Reauthorization of Federal Terrorism Risk Insurance Program, Call on Senate for Immediate Action

WASHINGTON (January 7, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron: “Realtors® applaud the U.S. House of Representatives for prioritizing the reauthorization of the federal terrorism risk insurance program and quickly passing the Terrorism Risk Insurance Act, which authorizes the program for six years. The program… Read More

Stronger Economy, Solid Job Growth Expected to Boost Home Sales in 2015

WASHINGTON (January 7, 2015) – Existing-home sales are forecasted to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released video on his 2015 housing market expectations. In the NAR-published video, Yun […]

Realtors® Laud President’s Action to Lower Cost Prohibitive FHA Insurance Premiums

PHOENIX (January 8, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron: “The National Association of Realtors® applauds new policy initiatives announced today by President Barack Obama that will enable more first-time and underserved homebuyers to enter the housing market while preserving strong underwriting standards and protecting taxpayers… Read […]

Realtors® Applaud Six-Year Reauthorization of Federal Terrorism Risk Insurance Program

WASHINGTON (January 8, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron: “Realtors® applaud the U.S. House of Representatives and U.S. Senate for prioritizing the reauthorization of the federal terrorism risk insurance program and quickly passing the Terrorism Risk Insurance Act, which authorizes the program for six years. When TRIA […]

Small, Exterior Home Improvements Offer the Best Value Investments in 2015, Say Realtors®

WASHINGTON (January 12, 2015) – Homeowners often consider various remodeling and replacement projects as a way to add value to their homes. Some projects add more value and better recoup their costs than others, according to Realtors® who rated small and exterior projects as the most valuable home improvement projects in the 2015 Remodeling Cost […]