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 […]
Real Estate Firms Remain Confident About Future Profitability, NAR Study Shows
WASHINGTON (August 6, 2015) – Real estate firms are confident in the industry’s future growth and their increasing profitability, according to the 2015 National Association of Realtors® Profile of Real Estate Firms. “A majority of firms have a positive view of the future, with 95 percent of all firms expecting their net income to either […]
NAR Names Arnold Worldwide Agency of Record
WASHINGTON (July 29, 2015) – The National Association of Realtors®, America’s largest trade association, representing more than 1 million members involved in all aspects of the residential and commercial real estate industries, has appointed global creative agency Arnold Worldwide as agency of record, effective immediately. As AOR, Arnold will lead the association’s integrated marketing efforts […]
Existing-Home Sales Maintain Solid Growth in July
WASHINGTON (August 20, 2015) — Existing-home sales steadily increased for the third consecutive month in July, while stubbornly low inventory levels and rising prices are likely to blame for sales to first-time buyers falling to their lowest share since January, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that […]
Home Prices Rise in Nearly All Metro Areas in Second Quarter
WASHINGTON (August 11, 2015) — A promising climb in home sales throughout the country amidst insufficient supply caused home prices to steadily rise in most metro areas during the second quarter, according to the latest quarterly report by the National Association of Realtors®. The median existing single-family home price increased in 93 percent of measured […]
Pending Home Sales Inch Forward in July
WASHINGTON (August 27, 2015) — Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, marginally increased 0.5 percent to 110.9 in July from an upwardly revised 110.4 […]
NAR Good Neighbor Award Finalists Honored for Their Commitment to Good Works, Volunteering
WASHINGTON (August 25, 2015) — The National Association of Realtors® has selected 10 individuals as finalists for REALTOR® Magazine’s 2015 Good Neighbor Awards. This award honors Realtors® who volunteer in their communities, improve the quality of life for their neighbors and go above and beyond in their commitment to making their neighborhoods better places to live. […]
NAR President Testifies Before House Judiciary Subcommittee in Support of Responsible Commercial Drone Use
NAR President Chris Polychron testifying before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet WASHINGTON (September 10, 2015) – Today, National Association of Realtors® President Chris Polychron testified before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet at a hearing entitled “Unmanned Aerial Vehicles: Commercial Applications and Public […]
NAR Study: New Home Construction Trailing Job Growth in Majority of Metro Areas
WASHINGTON (September 9, 2015) — Despite positive improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent housing shortages and unhealthy price growth in many markets, according to new research from the National Association of Realtors®. NAR measured the volume […]
Realtors® Help CFPB Director Cordray Unveil New Know Before You Owe Online Tools
Consumer Financial Protection Bureau Director Richard Cordray and National Association of Realtors® 2015 First Vice President-Elect Elizabeth Mendenhall WASHINGTON (September 17, 2015) — Consumer Financial Protection Bureau Director Richard Cordray today joined National Association of Realtors® 2015 First Vice President-Elect Elizabeth Mendenhall to highlight the agency’s Know Before You Owe initiative in advance of upcoming […]
