Pending Home Sales Maintain Momentum in March
WASHINGTON (April 27, 2016) — Pending home sales increased slightly in March for the second consecutive month and reached their highest level in almost a year, according to the National Association of Realtors®. Only the West region saw a decline in contract activity last month. The Pending Home Sales Index,* a forward-looking indicator based on […]
Metro Home Prices Maintain Steadfast Growth in First Quarter
WASHINGTON (May 9, 2016) — An uptick in sales activity amidst meager supply levels upheld the trend of unwavering price gains in an overwhelming majority of metro areas during the first quarter of the year, according to the latest quarterly report by the National Association of Realtors®. The median existing single-family home price increased in […]
NAR Survey : Active Military Homebuyers Purchase at Younger Ages, Buy Larger and More Expensive Homes
WASHINGTON (May 3, 2016) – Differences in household demographics and affordable financing options spur homebuying demand for young active-service military members, causing them to significantly outpace the share of non-military homebuyers under the age of 35, according to the first-ever 2016 Veterans & Active Military Home Buyers and Sellers Profile, which evaluates the differences of […]
Realtors® Gather in Washington to Lay Groundwork for Future Policy Successes
WASHINGTON (May 10, 2016) — Thousands of Realtors® from across the nation are meeting with legislators, regulators and industry leaders this week to advance the issues critical to their businesses, communities and clients as the REALTORS® Legislative Meetings & Trade Expo begins. More than 8,500 Realtors and guests from across the country are expected to […]
RealScout Joins REach® Accelerator Class of 2016
WASHINGTON (May 11, 2016) – Second Century Ventures, the strategic investment arm of the National Association of Realtors® has accepted RealScout, an agent-branded web and mobile platform, as the eighth company in its 2016 REach® accelerator class. Last month, SCV announced seven other companies had been chosen to be part of the fourth class. The […]
HUD Secretary Castro, Panelists Discuss Housing Opportunities for Young Adults Repaying Student Debt
WASHINGTON (May 10, 2016) — Struggles exist for many young adults trying to become homeowners, and the burden of repaying their student loan debt is in part delaying their ability to buy, according to speakers at a regulatory issues forum on student debt and homeownership at the 2016 REALTORS® Legislative Meetings & Trade Expo. The […]
Existing-Home Sales on Course for Best Year since 2006, Student Loan Debt Slowing Prospective Buyers
WASHINGTON (May 12, 2016) – Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum here at the 2016 REALTORS® Legislative Meetings & Trade Expo. Lawrence […]
Real Estate Agents, Appraisers Voice Concerns over FHA Appraisal Policies
WASHINGTON (May 11, 2016) – While the Federal Housing Administration’s overhaul of its Single-Family Housing Policy Handbook last year offered loan originators more clarity on lending policies and loan underwriting standards, some changes made to the property valuation policies are causing confusion and delays, according to speakers at a real property valuation forum yesterday at the 2016 REALTORS® […]
What the Latest Fair Housing Guidance on Criminal Background Checks Means for Real Estate
WASHINGTON (May 13, 2016) – The Department of Housing and Urban Development published Fair Housing Act guidance on April 4 that has raised concerns for housing providers who use criminal history screening processes to make decisions about sales, rentals financing and other real estate activity. Since then, real estate professionals have been asking what it […]
Lending Remains Largest Concern for Commercial Real Estate Market, Say Realtors®
WASHINGTON (May 13, 2016) — Realtors® specializing in commercial real estate expressed confidence in the continued recovery seen in the market but concern over the availability of commercial financing, during a commercial economic issues and trends forum at the 2016 REALTORS® Legislative Meetings & Trade Expo. National Association of Realtors® Chief Economist Lawrence Yun discussed […]
