Realtor® Broker Summit Returns to Offer Business Insights and Strategies; Mary Lou Retton to Speak
WASHINGTON (March 10, 2016) — From industry panel sessions and keynotes to a comprehensive economic and market update, attendees at this year’s 2016 Realtor® Broker Summit will be treated to even more perspectives and insights about critical business strategies and tools for successfully running their brokerages. All-around Olympic gold medalist Mary Lou Retton will also speak to attending […]
NAR HOME Survey Underscores Need for More Single-family Home Construction
WASHINGTON (March 15, 2016) – Over three-quarters of surveyed households would purchase a single-family home if they were to buy in the next six months, and 79 percent of renters would choose to buy outside of an urban area, according to the second installment of the National Association of Realtors® new quarterly consumer survey. The […]
Rapattoni Announces Integration With RPR Advanced Multi-List Platform™ (AMP™)
Chicago, IL, March 22, 2016 – Rapattoni Corporation and Realtors Property Resource® (RPR®) have jointly announced that Rapattoni customers may be among the first real estate professionals with instant access to live listing data and other MLS resources through RPR’s Advanced Multi-List Platform™ (AMP™). “We’re looking to the future of the MLS business, anticipating the […]
Existing-Home Sales Fizzle in February
WASHINGTON (March 21, 2016) — After increasing to the highest annual rate in six months, existing-home sales tumbled in February amidst unshakably low supply levels and steadfast price growth in several sections of the country, according to the National Association of Realtors®. Led by the Northeast and Midwest, all four major regions experienced sales declines […]
Realtors® Give Homebuyers Leg Up in Competitive Spring Market
WASHINGTON (April 13, 2016) – With demand exceeding supply in markets across the U.S., homebuyers may be facing an uphill battle to find the perfect home this spring. Total housing inventory at the end of February was 1.88 million existing homes available for sale, 1.1 percent lower than last year and at a 4.4 month supply […]
Vacation Home Sales Retreat, Investment Sales Leap in 2015
WASHINGTON (April 6, 2016) — Vacation home sales cooled off in 2015 but remained at the second highest amount in nearly a decade, while investment purchases increased for the first time in five years, according to an annual survey of residential homebuyers released today by the National Association of Realtors®. Mirroring the strong price growth […]
Pending Home Sales Move Forward in February
WASHINGTON (March 28, 2016) — Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of Realtors®. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity in […]
Existing-Home Sales Spring Ahead in March
WASHINGTON (April 20, 2016) — Bolstered by big gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, 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, jumped 5.1 percent to a […]
Second Century Ventures® Announces 2016 REach® Accelerator Class
CHICAGO (April 19, 2016) – The National Association of Realtors®’ strategic investment fund, Second Century Ventures, today announced the seven companies chosen to be part of the fourth class of NAR REach®, a vertical tech accelerator helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused […]
Flood Insurance Legislation Promises Flexibility for Consumers
WASHINGTON (April 28, 2016) — Property owners who opt to purchase flood insurance in the private market rather than through the National Flood Insurance Program may do so under current rules, but they risk paying higher rates if they return to the NFIP. H.R. 2901, the “Flood Insurance Market Parity and Modernization Act,” passed the […]