NAR Study: Accelerating Housing Costs Have Renters Feeling the Squeeze
WASHINGTON (March 16, 2015) – The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises, according to new research by the National Association of Realtors®. NAR reviewed data on income growth, housing costs and changes in […]
Asian Investors Lead International Commercial Investment in U.S. and Canada, says NAR Survey
WASHINGTON (March 12, 2015) – International investment in commercial real estate is dominated by Asian interests in both Canada and the U.S., according to a new survey from the Richard J. Rosenthal Center for Real Estate Studies at REALTOR® University and the National Association of Realtors®. The survey found that 47 percent of Canadian respondents […]
Existing-Home Sales Slightly Improve in February, Price Growth Gains Steam
WASHINGTON (March 23, 2015) – Existing-home sales increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, 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… Read More
NAR’s Second Century Ventures Selects Pro.com as First Member of 2015 REach® Accelerator Class
REach® launches companies into trillion dollar industries; provides access to thousands of potential customers CHICAGO (March 17, 2015) – The National Association of Realtors®’ strategic investment arm, Second Century Ventures, has selected Pro.com as the first company accepted into the 2015 class of REach®, its growth technology accelerator program. Pro.com is a new… Read More
zipLogix Partners with Realtors Property Resource® to Integrate Access
Media Contacts: Luke Capizzo / 248-258-2333 / lcapizzo@identitypr.com Jane Dollinger / 202-383-1042 / jdollinger@realtors.org FRASER, Mich., March 23, 2015 – zipLogix, a technology company helping real estate professionals improve productivity and efficiency, has formed a partnership with Realtors Property Resource® (RPR®). REALTORS® will have faster, fully integrated access directly from RPR to zipForm, for the […]
Realtor® Associations Honored with NAR Community Outreach Awards
WASHINGTON (March 23, 2015) — The National Association of Realtors® has honored seven local Realtor® associations with NAR Community Outreach Awards. These awards recognize associations that have worked with their communities to make them a better place to live and do business. “Realtors® are community leaders and are dedicated to building successful neighborhoods and advocating […]
Pending Home Sales Rise in February Behind Solid Gains in Midwest, West
WASHINGTON (March 30, 2015) – Pending home sales in February increased to their highest level since June 2013 as sizeable gains in the Midwest and West offset smaller declines in the Northeast and South, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.1 […]
Realtors® Show Support for New FHA Appointee Ed Golding
WASHINGTON (March 26, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron in response to leadership changes at the Federal Housing Administration: “NAR looks forward to working with Edward Golding in his new position as principal deputy assistant secretary for housing at the U.S. Department of Housing and Urban […]
HUD Secretary Tells Realtors® FHA is Exploring Alternative Credit Scoring Models to Expand Mortgage Access
NAR President Chris Polychron with HUD Secretary Julián Castro. WASHINGTON (April 1, 2015) – A diverse group of housing industry stakeholders participated in a credit access symposium today to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical debts. […]
Vacation Home Sales Soar to Record High in 2014, Investment Purchases Fall
WASHINGTON (April 1, 2015) – Vacation home sales boomed in 2014 to above their most recent peak level in 2006, while investment purchases fell for the fourth straight year, according to an annual survey of residential homebuyers released today by the National Association of Realtors®. NAR’s 2015 Investment and Vacation Home Buyers Survey,* covering existing- […]
