Existing-Home Sales on the Rebound Despite Some Affordability Concerns
WASHINGTON (May 14, 2015) – Existing-home sales are expected to finish the year at their highest pace since 2006, but accelerating price growth and rising mortgage rates have the potential to slow sales, according to an economic forecast forum here at the 2015 Realtors® Legislative Meetings & Trade Expo. Lawrence Yun, chief economist of the […]
Realtor.com® Strengthens Ties to Realtors® with New Website Improvements
WASHINGTON (May 15, 2015) – In a move to better position itself for the future and further align itself with Realtors®, Move, Inc., operator of realtor.com®, the official listing site of the National Association of Realtors®, this week introduced new site features to better connect Realtors® and consumers. The announcement, made at the 2015 REALTORS® […]
Commercial Market Continues Recovery, Says NAR Chief Economist
WASHINGTON (May 14, 2015) – While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo. National Association of Realtors® […]
Realtors® Eagerly Await A-OK to Fly UAVs
WASHINGTON (May 15, 2015) – There will be a time when Realtors® can legally fly an unmanned aerial system, or drone, around property listings to capture images for marketing purposes, but that time has not yet arrived, at least not completely. That’s according to Federal Aviation Administration officials who told Realtors® today during the When, […]
Realtors® Help Make Home Possible for Vets, Say VA Officials
WASHINGTON (May 15, 2015) — Officials from the U.S. Department of Veterans Affairs encouraged Realtors® to help debunk misconceptions regarding the VA Home Loan Guaranty Program yesterday at an agency briefing held during the REALTORS® Legislative Meetings & Trade Expo. The VA home loan guaranty is a military benefit that helps service members, veterans and […]
Walkable Urban Places are the Future of Real Estate Development
WASHINGTON (May 15, 2015) — Realtors® from across the country gathered today to learn about the importance and benefits of walkable urban communities in real estate development during a panel organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies during the REALTORS® Legislative Meetings & Trade Expo. “Creating walkability with restaurants […]
Modest Growth Expected in Commercial Real Estate Markets
WASHINGTON (May 26, 2015) — A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline, according to the National Association of Realtors® quarterly commercial real estate forecast. National office vacancy rates are forecast to slightly decrease 0.1 percent over the coming year as the demand for office […]
Let Rural Housing Service Provide Direct Endorsement Authority to Lenders, Say Realtors®
WASHINGTON (May 19, 2015) — The following is a statement by National Association of Realtors® President Chris Polychron in support of the Rural Housing Service and today’s testimony from RHS Administrator Tony Hernandez before the U.S. House Financial Services Subcommittee on Housing and Insurance: “Today, every Rural Housing Service loan must be approved by RHS […]
NAR Member Survey Reveals Slight Dip in Realtor® Business in 2014
WASHINGTON (June 3, 2015) – After gradually climbing for three consecutive years, the decline in existing-home sales in 2014 resulted in a slight reduction in Realtor® business activity and income last year, according to the 2015 National Association of Realtors® Member Profile. The survey also found that Realtors® are increasingly more comfortable using multiple communication […]
Pending Home Sales Climb in April to Highest Level since May 2006
WASHINGTON (May 28, 2015) — Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors®. Led by the Northeast and Midwest, all four major regions saw increases in April. The Pending Home Sales Index,* a forward-looking indicator based on […]
