NAR Presents Realtor® Cynthia Shelton with Distinguished Service Award
SAN DIEGO (November 16, 2015) – Cynthia Shelton, a Realtor® from Orlando, has received the National Association of Realtors® 2015 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s more than one million members. Winners were recognized at the REALTORS® Conference & Expo in San Diego. NAR established the… […]
Moderate Expansion, Easing Prices Expected for Commercial Real Estate Markets
WASHINGTON (November 24, 2015) — Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors® quarterly commercial real […]
Existing-Home Sales Dial Back in October
WASHINGTON (November 23, 2015) — With mortgage rates remaining below 4 percent for the third straight month, existing-home sales in October were at a healthy pace but failed to keep up with September’s jump, according to the National Association of Realtors®. All four major regions saw no gains in sales in October. Total existing-home sales1, […]
NAR Installs 2016 Officers
San Diego (November 16, 2015) — Tom Salomone, a second generation Realtor® from Coral Springs, Florida, was installed today as 2016 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2015 REALTORS® Conference & Expo. Salomone has been a licensed real estate agent for 40 years and is […]
Realtors® Applaud Transportation Conference Report
WASHINGTON (December 1, 2015) – The conference agreement for a multi-year surface transportation authorization was released in Congress this week, with both the U.S. House and Senate set to vote on the measure in the days ahead. The bill funds several highway and transit-related projects, with monies coming from a variety of sources. National Association […]
Pending Home Sales Nudge Forward in October
WASHINGTON (November 30, 2015) — Pending home sales were mostly unchanged in October, but shifted marginally higher after two straight months of declines, according to the National Association of Realtors®. Gains in the Northeast and West were offset by declines in the Midwest and South. The Pending Home Sales Index,* a forward-looking indicator based on […]
Homeowners Reap Remodeling Benefits Whether Selling or Staying, Say Realtors®
WASHINGTON (December 9, 2015) — Homeowners preparing to sell often make improvements, both big and small, to their homes that can help yield positive results and garner top dollar from buyers. According to a new report from the National Association of Realtors®, remodeling projects can also bring major benefits to homeowners who choose to remain […]
Realtors® Partner With Boys & Girls Clubs of America
WASHINGTON (December 8, 2015) – The National Association of Realtors® has joined forces with Boys & Girls Clubs of America in an effort to strengthen communities and support the country’s youth. Beginning in 2016, NAR and BGCA will begin collaborating to make a positive impact in communities across the country. Realtors® are the most trusted […]
National Association of Realtors® Applauds Passage of Tax Extenders Package
WASHINGTON (December 18, 2015) – A significant piece of tax legislation is now on its way to the President’s desk, and the bill includes the extension of a number of expired tax provisions important to supporting homeowners and real estate investment. Tom Salomone, National Association of Realtors® president and broker-owner of Real Estate II Inc. […]
NAR HOME Survey: Desire to Buy Strong Despite Affordability, Economic Concerns
WASHINGTON (December 17, 2015) — Although only half of surveyed households believe the economy is currently improving, nearly all young renters eventually want to buy a home, and a convincing majority still view homeownership as part of their American Dream, according to a new quarterly consumer survey released today by the National Association of Realtors®. […]