CFPB Takes First Steps Toward Greater Clarity on RESPA-TILA Integrated Disclosure Enforcement

WASHINGTON (June 3, 2015) – The following is a statement from National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., in response to the Consumer Financial Protection Bureau’s announcement  of “sensitivity” to companies making a good-faith effort to comply with the new Truth in Lending Act and […]

Realtors® Report Increase in Commercial Transactions, Income and Sales Volume

WASHINGTON (June 15, 2015) – Commercial real estate markets are improving with Realtors® specializing in commercial real estate reporting an increase in annual gross income, the number of sales transactions and sales volume, according to the 2015 National Association of Realtors® Commercial Member Profile. The annual study’s results represent Realtors®, members of NAR, who conduct […]

Realtors® Applaud CFPB's Proposed Extension of TRID Implementation

WASHINGTON (June 17, 2015) –National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., released the following statement in response to the Consumer Financial Protection Bureau’s announcement  of a proposed two-month delay for the implementation of  the new Truth in Lending Act and Real Estate Settlement Procedures Act […]

International Sales Dollar Volume Increases as More Upscale Buyers Enter Market, Say Realtors®

WASHINGTON (June 17, 2015) – While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent, according to the National Association of Realtors® 2015 Profile of Home Buying Activity of International Clients . For the period of April 2014 through March 2015, total international sales were estimated at […]

Existing-Home Sales Bounce Back Strongly in May as First-time Buyers Return

WASHINGTON (June 22, 2015) — Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors®. Led by the Northeast, all major regions experienced sales increases in May. Total existing-home sales1, which are […]

NAR Survey finds Like-Kind Exchanges Promote Job, Economic Growth

WASHINGTON (July 9, 2015) — Real estate like-kind exchanges are an important vehicle for disposing of and acquiring properties and support the nation’s financial growth, job creation and economy, according to a new report from the National Association of Realtors®. The Like-Kind Exchanges: Real Estate Market Perspectives 2015 survey of NAR’s commercial and residential members […]

Pending Home Sales Maintain Momentum in May

WASHINGTON (June 29, 2015) — Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. Gains in the Northeast and West were offset by small decreases in the Midwest and South. The Pending Home Sales Index,* a forward-looking indicator […]

Realtors® Applaud CFPB’s Extended TRID Implementation Deadline

WASHINGTON (July 21, 2015) — The following is a statement by National Association of Realtors® President Chris Polychron in… Read More

Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak

WASHINGTON (July 22, 2015) — Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and […]

Millennials Favor Walkable Communities, Says New NAR Poll

WASHINGTON (July 28, 2015) – Millennials prefer walking over driving by a substantially wider margin than any other generation, according to a new poll conducted by the National Association of Realtors® and the Transportation Research and Education Center at Portland State University. The 2015 National Community and Transportation Preference Survey found that millennials, those aged […]