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Monday, January 01, 0001 -

WASHINGTON (February 27, 2015) — Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors®. All major regions except for the Midwest saw gains in activity in January.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 1.7 percent to 104.2 in January from an upwardly revised 102.5 in December and is now 8.4 percent above January... Read More

Monday, January 01, 0001 -

WASHINGTON (February 15, 2015) – National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Arkansas, issued the following statement about new proposed rules for unmanned aircraft systems issued today by the Federal Aviation Administration:

"The proposed rules announced today for the commercial use of unmanned... Read More

Monday, January 01, 0001 -

WASHINGTON (February 11, 2015) – National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Arkansas, issued the following statement at the conclusion of today’s hearing of the U.S. House Financial Services Committee, The Future of Housing in America: Oversight of the Federal Housing Administration:


... Read More

Monday, January 01, 0001 -

WASHINGTON (January 27, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron: “Realtors® support responsible lending to qualified buyers, which is essential for building strong communities. The new low down payment mortgage program introduced last month by Federal Housing Finance Agency Director Mel Watt will safely... Read More

Monday, January 01, 0001 -

WASHINGTON (December 31, 2014) — Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced a slight gain in activity in November.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 0.8 percent to 104.8 in November from a slightly downwardly revised 104.0 in October and is now 4.1 percent... Read More

Monday, January 01, 0001 -

WASHINGTON (November 26, 2014)—Pending home sales declined in October but remained at a healthy level of activity and are above year-over-year levels for the second straight month, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, decreased 1.1 percent to 104.1 in October from an upwardly-revised 105.3 in September, but is 2.2 percent higher than October 2013 (101.9). The index is above 100—... Read More

Monday, January 01, 0001 -

CHICAGO (November 13, 2014) - Second Century Ventures, the strategic investment fund of the National Association of Realtors® , announced today that it is accepting applications for its 2015 REach® Accelerator program, now through January 30th, 2015. The nine-month program provides a unique opportunity for technology companies to get intense exposure into  real estate, a market that represents more than $1 trillion in revenue, consists of more than 100,000 small- and medium-sized businesses and generates more than $12.5 billion in... Read More

Monday, January 01, 0001 -

WASHINGTON (November 11, 2014) – Advances in mobile technology have the potential to radically change the ways consumers search for real estate online, according to a session at the 2014 REALTORS® Conference & Expo that peered into what can happen in the future regarding big data and real estate.

At the session, National Association of Realtor®’s Managing Director of Data Analytics Todd Carpenter discussed how big data and mobile computing can be leveraged by brokers, agents and... Read More

Monday, January 01, 0001 -

“NAR welcomes President Obama’s bold support for true net neutrality rules that preserve an open Internet and allow for equal, unencumbered access to this powerful driver of economic activity for both small businesses and consumers. Realtors® have been vocal opponents of rules proposed by the Federal Communications Commission that would create a two-tiered... Read More

Monday, January 01, 0001 -

New Orleans (November 11, 2014) – Chris Polychron, a Realtor® in Hot Springs, Ark., was installed today as 2015 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2014 REALTORS® Conference & Expo.

Polychron has been a Realtor® for more than 25 years and is an executive broker with 1st Choice Realty, specializing in residential brokerage. Polychron has served on NAR’s... Read More

Monday, January 01, 0001 -

NEW ORLEANS (November 10, 2014) – James Helsel, Jr., a Realtor® from Lemoyne, Penn., has received the National Association of Realtors® 2014 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s 1 million members. Winners were announced during the 2014 REALTORS® Conference & Expo in New Orleans.   

NAR established the DSA in 1979 to honor Realtors®... Read More

Monday, January 01, 0001 -

NEW ORLEANS (November 10, 2014) – Realtor® Mike Brodie of Plano, Texas has received the National Association of Realtors® 2014 Distinguished Service Award, an honor presented to no more than two of NAR’s 1 million members each year. Recipients were announced in New Orleans during the 2014 Realtors® Conference & Expo.

NAR established the DSA in 1979 to honor Realtors® who have made outstanding contributions to the real estate industry and are recognized as leaders in their local... Read More

Monday, January 01, 0001 -

NEW ORLEANS (November 9, 2014) – The National Association of Realtors® honored and celebrated Realtors® during the 2014 REALTORS® Conference & Expo for their ongoing commitment to serving individuals and communities, helping the underprivileged, and improving the lives of their clients and neighbors.

REALTOR® Magazine’s 2014 Good Neighbor Award winners were recognized during the conference’s general session. The award program recognizes Realtors® who make an... Read More

Monday, January 01, 0001 -

NEW ORLEANS (November 6, 2014) – The housing market has rebounded dramatically from the weak prices and record low sales activity seen in 2010, which was the last time Realtors® were in New Orleans for the REALTORS® Conference & Expo, here through November 10.

Today, housing markets in New Orleans and across of the country are well on the road to recovery. Existing-home sales are stronger, 31 consecutive months of year-over-year price gains have helped homeowners recover equity, inventory... Read More

Monday, January 01, 0001 -

WASHINGTON (October 27, 2014) – Pending home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched  0.3 percent to 105.0 in September from 104.7 in August, and is now 1.0 percent higher than September 2013 (104.0). The index is above 100 for the... Read More

Monday, January 01, 0001 -

WASHINGTON (October 2, 2014) –  Real estate firms are confident about the future growth and profitably of their industry, according to the  2014 National Association of Realtors® Profile of Real Estate Firms.

“The real estate industry is competitive, and Realtors® know that to be successful they must have a strong entrepreneurial spirit and the know-how to make a business thrive, even in a difficult market,” said NAR President... Read More

Monday, January 01, 0001 -

WASHINGTON (September 29, 2014) – Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of Realtors®. All major regions experienced declines except for the West, which rose for the fourth consecutive month.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 1.0 percent to 104.7 in August from 105.8 in... Read More

Monday, January 01, 0001 -

WASHINGTON (September 22, 2014) – After four consecutive months of gains, existing-home sales slipped in August as investors paying in cash retreated from the market, according to the National Association of Realtors®. Sales increases in the Northeast and Midwest were outweighed by declines in the South and West.

Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 1.8 percent to a seasonally... Read More

Monday, January 01, 0001 -

WASHINGTON (August 28, 2014) — Pending home sales rebounded in July and have now risen in four of the last five months, according to the National Association of Realtors®. All major regions experienced healthy gains except for the Midwest, which saw a slight decline.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 3.3 percent to 105.9 in July from 102.5 in June, but is still 2.1 percent below July... Read More

Monday, January 01, 0001 -


WASHINGTON (August 26, 2014) - Buying a home is one of the most significant personal and financial commitments most Americans ever make. To give today's home buyers and sellers the information they need to succeed, the National Association of Realtors® has launched Real Insights.

Today's... Read More

Monday, January 01, 0001 -

WASHINGTON (July 28, 2014) – After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 1.1 percent to 102.7 in June from 103.8 in May, and is 7.3 percent below June 2013 (110.8). Despite June’s decrease, the index is above 100 – considered an average level... Read More

Monday, January 01, 0001 -

WASHINGTON (June 30, 2014) – In a letter sent today to the U.S. Department of Housing and Urban Development, the National Association of Realtors® offered support for the Federal Housing Administration’s efforts to reduce mortgage insurance premiums for first-time buyers through its Homeowners Armed with Knowledge, or HAWK, housing counseling pilot program but is concerned the program won’t significantly reduce premiums or reach enough qualified buyers.

“As the... Read More

Monday, January 01, 0001 -

WASHINGTON (June 30, 2014) — Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors®. All four regions of the country saw increases in pending sales, with the Northeast and West experiencing the largest gains.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 6.1 percent to 103.9 in May from... Read More

Monday, January 01, 0001 -

WASHINGTON (June 23, 2014) – Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors®. All four regions of the country experienced sales gains compared to a month earlier.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and... Read More

Monday, January 01, 0001 -

WASHINGTON (June 16, 2014) - The National Association of Realtors® today published information for NAR members regarding advertising properties as "coming soon."

Some "coming soon" advertisements involve unlisted properties which may or will be listed with a broker in the near future, while others relate to properties that are subject to listing agreements where property is available to potential purchasers only through the listing broker and not... Read More

Monday, January 01, 0001 -

WASHINGTON (May 29, 2014) – Pending home sales improved for the second straight month in April, according to the National Association of Realtors®. Gains in the Midwest and Northeast offset declines in the West and South.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 0.4 percent to 97.8 in April from 97.4 in March, but is 9.2 percent below April 2013 when it was 107.7.

... Read More

Monday, January 01, 0001 -

WASHINGTON (May 20, 2014) — Reflecting the 11.5 percent growth in home prices last year, income and sales volume jumped for the third year in a row, according to the 2014 National Association of Realtors® Member Profile. The survey also found an increase in new and younger members to NAR in 2013.

The survey's results are representative of the nation's Realtors®; members of NAR account for about half of the approximately 2 million active real estate... Read More

Monday, January 01, 0001 -

WASHINGTON (May 15, 2014) — Realtors® who specialize in commercial real estate expressed confidence and optimism in the market during a forum at the REALTOR® Party Convention & Trade Expo. Despite a sluggish economy, commercial practitioners are not only reporting improvements in the market, but they expect improvements to continue in the years to come.

National Association of Realtors® Chief Economist Lawrence Yun joined... Read More

Monday, January 01, 0001 -

WASHINGTON (May 12, 2014) – Although strong year-over-year price growth continued in most metropolitan areas in the first quarter, increases were somewhat smaller, according to the latest quarterly report by the National Association of Realtors®. A companion breakout of income requirements to purchase a median-priced home on a metro basis shows the typical buyer was in a good position to buy an existing home in many cities in the Midwest and South.

The median... Read More

Monday, January 01, 0001 -

WASHINGTON (May 7, 2014) – Finding and selling green homes is about to get easier for buyers and sellers with the National Association of Realtors®’ new Green MLS Implementation Guide, a comprehensive guide for helping multiple listing services promote the special features of a green home.

“The demand for green is growing; NAR’s research consistently shows that today’s consumers want homes and communities that are environmentally sustainable... Read More

Monday, January 01, 0001 -

WASHINGTON (May 6, 2014) – Realtors® who practice commercial real estate reported an increase in sales transaction volume and medium gross annual income last year, according to the 2014 National Association of Realtors® Commercial Member Profile.

NAR commercial members who were surveyed conduct all or part of their activity in commercial sales, leasing, brokerage and development for land, office and industrial space, multifamily, and retail buildings, as well... Read More

Monday, January 01, 0001 -

WASHINGTON (April 28, 2014) – After months of stagnant activity, pending home sales rose in March, marking the first gain in the past nine months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.4 percent to 97.4 from an upwardly revised 94.2 in February, but is 7.9 percent below March 2013 when it was 105.7.

... Read More

Monday, January 01, 0001 -

WASHINGTON (April 22, 2014) – Existing-home sales were essentially flat in March, while the growth in home prices moderated, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were offset by declines in the West and South.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-... Read More

Monday, January 01, 0001 -

WASHINGTON (April 4, 2014) – HouseLogic.com, the comprehensive website for homeowners from the National Association of Realtors®, has won the 2014 Internet Advertising Competition (IAC) “Best Real Estate Social Media Campaign Award” for developing original infographics distributed via Facebook and other social communities.

The IAC Awards are produced by the Web Marketing Association to honor excellence in online advertising, recognize the individuals and... Read More

Monday, January 01, 0001 -

WASHINGTON (April 2, 2014) – Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of Realtors®.

NAR’s 2014 Investment and Vacation Home Buyers Survey,* covering existing- and new-home transactions in 2013, shows vacation-home sales jumped 29.7 percent to an estimated 717,000 last year from 553,000 in 2012. Investment-home sales fell 8.5 percent to an estimated 1.10 million in 2013 from 1.21 million in 2012... Read More

Monday, January 01, 0001 -

WASHINGTON (March 27, 2014) – Pending home sales declined for the eighth straight month in February, according to the National Association of Realtors®. Modest increases in the Midwest and West were offset by declines in the Northeast and South; all regions are below a year ago.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, dipped 0.8 percent to 93.9 from a downwardly revised 94.7 in January, and is 10.5 percent below February... Read More

Monday, January 01, 0001 -

WASHINGTON (March 17, 2014) The National Association of Realtors® today announced that SmartZip Analytics, the national leader in real estate analytics and predictive marketing, is the first company selected to join the 2014 class of REach™, the strategic growth technology accelerator founded and managed by NAR’s investment arm, Second Century Ventures.

Consistent with REach’s mission to provide a platform from which successful technology companies can launch into the real estate... Read More

Monday, January 01, 0001 -

WASHINGTON (February 28, 2014) – Pending home sales were essentially unchanged in January, according to the National Association of Realtors®. Monthly gains in the South and Northeast were offset by declines in the West and Midwest.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, edged up 0.1 percent to 95.0 in January from an upwardly revised 94.9 in December, but is 9.0 percent below January 2013 when it was 104.4.

... Read More

Monday, January 01, 0001 -

WASHINGTON (February 24, 2014) – Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of Realtors® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, said fundamentals are still on an uptrend. “Growth in commercial real estate sectors continues at a moderate pace from a very slow pace of absorption, despite job additions to the economy. Companies appear hesitant to add new space,... Read More

Monday, January 01, 0001 -

WASHINGTON (February 21, 2014) – Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., 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, dropped 5.1 percent to a seasonally adjusted annual rate of 4.62 million in January from 4.87 million... Read More

Monday, January 01, 0001 -

WASHINGTON (February 12, 2014) – Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds, an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of Realtors®(NAR).

The three organizations have drawn on their respective capabilities to examine the economy, capital... Read More

Monday, January 01, 0001 -

WASHINGTON (February 11, 2014) – The lion’s share of metropolitan areas continued to experience strong year-over-year price growth in the fourth quarter, according to the latest quarterly report by the National Association of Realtors®. A companion metro area annual affordability report shows less favorable conditions, particularly in the West.

The median existing single-family home price increased in 73 percent of measured markets... Read More

Monday, January 01, 0001 -

WASHINGTON (January 30, 2014) – Pending home sales measurably dropped in December, with abnormal weather partly inhibiting home shopping in much of the U.S., according to the National Association of Realtors®. Declines were experienced in all four major regions.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 8.7 percent to 92.4 in December from a downwardly revised 101.2 in November, and is 8.8 percent below December 2012... Read More

Monday, January 01, 0001 -

WASHINGTON (January 23, 2014) – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to the National Association of Realtors®.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.0 percent to a seasonally adjusted annual rate of 4.87 million in... Read More

Monday, January 01, 0001 -

WASHINGTON (January 8, 2014) – Part of the cost of doing business as a real estate agent is spending a considerable amount of time driving from one property to another to assist clients. To help members who are always on the go, the National Association of Realtors® is pleased to announce a two-year extension of its agreement with Chrysler Group LLC, as NAR’s official automobile manufacturer through the REALTOR Benefits® Program.

Through the partnership with Chrysler, Realtor® members and staff of local, state and... Read More

Monday, January 01, 0001 -

CHICAGO (January 7, 2014) – REach™, the strategic accelerator for technology startups created and managed by the National Association of Realtors®’ investment fund, Second Century Ventures, announced the opening of applications to join its 2014 class. The deadline to apply for the 2014 program is March 1. The program runs from April through the Realtors® Conference & Expo in November, where participating companies will be showcased at the industry’s largest gathering.

NAR’s REach™ accelerator provides... Read More

Monday, January 01, 0001 -

WASHINGTON (December 30, 2013) – Pending home sales stabilized in November with a slight gain, according to the National Association of Realtors®. Monthly increases in the South and West offset declines in the Northeast and Midwest.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.2 percent to 101.7 in November from a downwardly revised 101.5 in October, but is 1.6 percent below November 2012 when it was 103.3. The data reflect contracts but... Read More

Monday, January 01, 0001 -

WASHINGTON (December 19, 2013) – Existing-home sales fell in November, although median prices continue to show strong year-over-year growth, according to the National Association of Realtors®.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dropped 4.3 percent to a seasonally adjusted annual rate of 4.90 million in November from 5.12 million in October, and are 1.2 percent below the 4.96... Read More

Monday, January 01, 0001 -

WASHINGTON (November 25, 2013) – Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 0.6 percent to 102.1 in October from an upwardly revised 102.7 in September, and is 1.6 percent below October 2012 when it was 103.8. The... Read More

Monday, January 01, 0001 -

WASHINGTON (November 22, 2013) – Commercial real estate leasing patterns are showing steady but modest growth, according to the National Association of Realtors® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, projects only modest changes in the coming year. “Jobs are the key driver for commercial real estate, and the accumulation of 7 million net new jobs from the low point a few years ago is steadily... Read More

Monday, January 01, 0001 -

SAN FRANCISCO (November 11, 2013) – Steve Brown, a Realtor® in Dayton, Ohio, was installed today as 2014 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2013 Realtors® Conference and Expo.

Brown has been in the business for more than 30 years, and is co-owner of Irongate, Inc. Realtors®. He has held NAR leadership positions since 2005. In 2013, Brown was NAR president-elect and he was NAR first vice president in 2012... Read More

Monday, January 01, 0001 -

SAN FRANCISCO (November 8, 2013) – Rising interest and capitalization rates top the list of issues that have future implications for real estate. That’s according to an industry expert at the “Top 10 Issues Affecting Real Estate” session at the 2013 REALTORS® Conference and Expo.

Scott Muldavin, industry veteran and president of The Muldavin Company Inc., a consulting firm in San Rafael, Calif., that serves the real estate industry, shared his insights into top issues that could potentially impact... Read More

Monday, January 01, 0001 -

SAN FRANCISCO (November 9, 2013) – National Association of Realtors® CEO Dale Stinton has joined the board of directors for DocuSign, the leading provider of e-signature transaction management solutions.

As an influential industry veteran, Stinton has been CEO of America’s largest trade association since 2005 and brings more than 30 years of residential and commercial real estate leadership to the DocuSign board.

“NAR is... Read More

Monday, January 01, 0001 -

SAN FRANCISCO (November 7, 2013) - This year the National Association of Realtors® celebrates the 100th anniversary of the Realtors® Code of Ethics. The code spells out the professional responsibilities and expectations of NAR's 1 million Realtor® members to their clients, customers, fellow Realtors® and the general public.

"As the leading advocate for homeowners and real estate investors, Realtors® have been subscribing to NAR... Read More

Monday, January 01, 0001 -

dotREALTOR

SAN FRANCISCO (November 7, 2013) – During the 2013 REALTORS® Conference & Expo in San Francisco today, the National Association of Realtors® launched a member awareness campaign and priority registration for the .Realtor top-level domain, as an alternative... Read More

Monday, January 01, 0001 -

WASHINGTON (October 28, 2013) – Pending home sales declined for the fourth consecutive month in September, as higher mortgage interest rates and higher home prices curbed buying power, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 5.6 percent to 101.6 in September from a downwardly revised 107.6 in August, and is 1.2 percent below September 2012 when it was 102.... Read More

Monday, January 01, 0001 -

 

WASHINGTON (October 10, 2013) – Defaulting on the nation’s federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery, cautioned the National Association of Realtors® today in testimony before the Senate Committee on Banking, Housing and Urban Affairs.

NAR President Gary Thomas called on Congress to raise the debt limit in a timely manner to avoid the consequences of a severe and drawn-... Read More

Monday, January 01, 0001 -

WASHINGTON (September 26, 2013) – Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, eased 1.6 percent to 107.7 in August from a downwardly revised 109.4 in July, but remains 5.8 percent above August 2012 when it was 101.8; the... Read More

Monday, January 01, 0001 -

WASHINGTON (August 28, 2013) – Pending home sales were down in July, with higher mortgage interest rates slowing the market, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 1.3 percent to 109.5 in July from 110.9 in June, but is 6.7 percent above July 2012 when it was 102.6; the data reflect contracts but not closings.  Pending sales have stayed above year-ago... Read More

Monday, January 01, 0001 -

WASHINGTON (August 26, 2013) – Vacancy rates generally are tightening in commercial real estate sectors with modest rent growth, according to the National Association of Realtors® quarterly commercial real estate forecast

Lawrence Yun, NAR chief economist, said commercial real estate is on a more moderate growth path.  “Office vacancies haven’t declined much because total jobs today are still below that of the pre-recession level in 2007, but... Read More

Monday, January 01, 0001 -

WASHINGTON (August 21, 2013) – Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, 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, increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July from a downwardly revised 5.06 million in June, and are 17.2... Read More

Monday, January 01, 0001 -

WASHINGTON (August 8, 2013) – Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the latest quarterly report by the National Association of Realtors®.

Despite rising prices and higher mortgage interest rates, a companion breakout of income requirements to buy a median-priced home on a metro area basis shows most buyers remain well positioned to... Read More

Monday, January 01, 0001 -

WASHINGTON (July 29, 2013) – After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, edged down 0.4 percent to 110.9 in June from a downwardly revised 111.3 in May, but is 10.9 percent higher than June 2012 when it was 100.0; the data reflect... Read More

Monday, January 01, 0001 -

CHICAGO (July 24, 2013) – The National Association of Realtors® Board of Directors today reaffirmed NAR’s commitment to making realtor.com® the first, best online destination for home buyers and sellers. The board voted in favor of recommendations to modify an existing operating agreement that will help the site compete more effectively in an evolving online marketplace. 

“Over the years, Realtors® have invested a lot of time and millions of dollars in building information technology to give consumers online... Read More

Monday, January 01, 0001 -

WASHINGTON (July 9, 2013) – Millennials are more confident than any other age group that their recent home purchase was a good financial investment, according to a new study released today. The inaugural 2013 National Association of Realtors® Home Buyer and Seller Generational Trends evaluated the generational differences of recent home buyers and sellers and found that while eight out of 10 recent buyers considered their home purchase a good financial investment, the number was even higher, 85... Read More

Monday, January 01, 0001 -

 

WASHINGTON (May 30, 2013) – Pending home sales improved slightly in April and continue to be well above a year ago, according to the National Association of Realtors®.  Gains in the Northeast and Midwest were offset largely by declines in the West and South.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 0.3 percent to 106.0 in April from 105.7 in... Read More

Monday, January 01, 0001 -

WASHINGTON (May 16, 2013) – Realtors® who specialize in commercial real estate expressed optimism and confidence in the market during a forum at the Realtors® Midyear Legislative Meetings & Trade Expo. Despite a slow turning economy, commercial practitioners believe the market is not only better off than it was a year ago, but also will continue to improve.

National Association of Realtors® chief economist Lawrence Yun joined several Realtor® commercial... Read More

Monday, January 01, 0001 -

WASHINGTON (May 9, 2013) – Metropolitan area median home prices continued to rise in the first quarter, with the national gain showing the best year-over-year performance in over seven years, according to the latest quarterly report by the National Association of Realtors®.  A companion breakout of income requirements to purchase a median-priced home on a metro basis shows the typical buyer earns roughly double the income needed to buy a home in his or her area.... Read More

Monday, January 01, 0001 -

WASHINGTON (April 29, 2013) – Pending home sales increased in March and remain above year-ago levels, but contract activity in recent months shows only modest movement, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 1.5 percent to 105.7 in March from a downwardly revised 104.1 in February, and is 7.0 percent above March 2012 when it was 98.8. Pending sales have been above year-ago levels... Read More

Monday, January 01, 0001 -

WASHINGTON (April 22, 2013) – Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, 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, declined 0.6 percent to a seasonally adjusted annual rate of 4.92 million in March from a downwardly... Read More

Monday, January 01, 0001 -

WASHINGTON (April 9, 2013) – REach™ today named Treater as the seventh company to join its charter class. REach™ is an Accelerator program developed by Second Century Ventures, the strategic investment arm of the National Association of Realtors® to introduce innovative technology companies to the real estate marketplace. Treater joins BombBomb, Lumentus, Planwise, Reach150, Updater, and Workface, who were named to REach™ last month... Read More

Monday, January 01, 0001 -

WASHINGTON (April 2, 2013) – Vacation home sales improved in 2012, while investment purchases remained elevated for a second consecutive year, according to the National Association of Realtors®.

NAR’s 2013 Investment and Vacation Home Buyers Survey,* covering existing- and new-home transactions in 2012, shows vacation-home sales rose 10.1 percent to 553,000 from 502,000 in 2011.  Investment-home sales declined 2.1 percent to 1.21 million from 1.23 million in 2011, but those... Read More

Monday, January 01, 0001 -

WASHINGTON (April 1, 2013) – Technology has transformed the way Realtors® do business, and the National Association of Realtors® is helping members keep up with the latest trends that can enhance business and client relations. NAR Tech Edge, a one-day technology conference hosted by NAR, will give attendees the chance to learn about cutting-edge technologies that are changing the real estate industry.

“Technology continues to change the way that Realtors® and the real estate business operate,” said NAR President... Read More

Monday, January 01, 0001 -

WASHINGTON (March 27, 2013) – February pending home sales flattened with limited buyer choices, but remained at the second highest level in nearly three years, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 0.4 percent to 104.8 in February from a downwardly revised 105.2 in January, but is 8.4 percent higher than February 2012 when it was 96.6. Contract activity has been above year-ago... Read More

Monday, January 01, 0001 -

2013 class will receive mentoring and market advantages from alignment with strategic venture arm of the National Association of Realtors®

WASHINGTON (March 26, 2013) – REach™, an accelerator program developed by Second Century Ventures (SCV) , the strategic investment arm of the National Association of Realtors® to introduce innovative technology companies to the real estate marketplace, today named six companies to join its 2013... Read More

Monday, January 01, 0001 -

WASHINGTON (March 13, 2013) – Purchasing a home is an important life decision, and many factors can influence the home choices buyers make.

The National Association of Realtors® 2013 Profile of Buyers’ Home Feature Preferences examines the features buyers prefer when it comes to purchasing a home, as well as the differences in preferences when it comes to factors such as region, demographics and household composition. The survey captures buyers who purchased a home between 2010 and 2012.

“Deciding where to... Read More

Monday, January 01, 0001 -

WASHINGTON (March 4, 2013) – Tax season is underway, and homeowners gearing up to meet the April 15 filing deadline can find the tax tips and insights they need at HouseLogic.com, the award-winning comprehensive website for homeowners from the National Association of Realtors®.

HouseLogic’s “Homeowner’s Guide to Taxes” can help filers take advantage of the tax benefits that come with homeownership while avoiding common... Read More

Monday, January 01, 0001 -

WASHINGTON (February 7, 2013) – Frustrated by continued uncertainty, a sluggish recovery, and a challenging investment environment, investors generally appear eager to put the past behind them and adjust to the new normal, as outlined in Expectations & Market Realities in Real Estate 2013—Turn the Page, a new annual report published jointly by Real Estate Research Corporation (RERC), Deloitte, and the National Association of REALTORS® (NAR). According to the report, investors appear to realize that this environment will likely be with us for the... Read More

Monday, January 01, 0001 -

WASHINGTON (January 28, 2013) – Pending home sales declined in December but have stayed above year-ago levels for 20 consecutive months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 4.3 percent to 101.7 in December from 106.3 in November but is 6.9 percent higher than December 2011 when it was 95.1. The data... Read More

Monday, January 01, 0001 -

WASHINGTON (January 16, 2013) – The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Symform, a revolutionary, distributed cloud backup service.

“Second Century Ventures was created to help develop and deliver real estate industry technologies to Realtors® so they can best serve their clients and customers,” said Dale Stinton,... Read More

Monday, January 01, 0001 -

CHICAGO (January 15, 2013) – The National Association of Realtors®, along with Second Century Ventures today announced BombBomb, a video email marketing platform, as the first company selected for its REach™ accelerator program.

BombBomb’s patented technology is platform independent, meaning that video recorded on any platform can be sent and viewed in any platform. Video has exploded in the online world and been shown to have a positive impact on lead... Read More

Monday, January 01, 0001 -

WASHINGTON (January 7, 2013) – Real estate-related searches on Google.com have grown 253 percent over the past four years, according to a joint study from the National Association of Realtors® and Google.

 “These results parallel the trends shown in NAR’s economic research reports,” said NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif. “As home sales and prices continue to trend up, more people are regaining... Read More

Monday, January 01, 0001 -

WASHINGTON (December 28, 2012) – Pending home sales increased in November for the third straight month and reached the highest level in two-and-a-half years, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 1.7 percent to 106.4 in November from a downwardly revised 104.6 in October and is 9.8 percent above November 2011... Read More

Monday, January 01, 0001 -

WASHINGTON (December 20, 2012) – Existing-home sales continued to improve in November with low inventory supply pressuring home prices, 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, rose 5.9 percent to a seasonally adjusted annual rate of 5.04 million in November from a downwardly... Read More

Monday, January 01, 0001 -

WASHINGTON (December 7, 2012) – With the 2012 holiday season in full swing, HouseLogic, the award-winning, comprehensive website for homeowners from the National Association of Realtors®, wants to inspire holiday celebrations with a chance to win a $500 gift card in HouseLogic’s “Pin the Season Giveaway” on Pinterest.  Now through December 17, HouseLogic visitors can create a seasonal Pinterest pinboard to help ensure a... Read More

Monday, January 01, 0001 -

WASHINGTON (November 29, 2012) – Pending home sales rose strongly in October with mixed regional results, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 5.2 percent to 104.8 in October from an upwardly revised 99.6 in September and is 13.2 percent above October 2011 when it was 92.6. The data reflect contracts but not closings.

Lawrence Yun ,... Read More

Monday, January 01, 0001 -

ORLANDO (November 12, 2012) – Gary Thomas, a Realtor® in Orange County, Calif., was installed today as 2013 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2012 Realtors® Conference and Expo.

In 2012, Thomas was NAR president-elect, and he was NAR first vice president in 2011.  Thomas has been in the business for more than 35 years, and is broker/owner of Evergreen Realty in Villa... Read More

Monday, January 01, 0001 -

WASHINGTON (November 12, 2012) – Bruce Aydt, a Realtor® from the St. Louis, Mo., area, has received the National Association of Realtors® 2012 Distinguished Service Award. Out of 1 million Realtors®, no more than two are recognized with this award each year. The recipients were announced in Orlando today during NAR’s annual Realtors® Conference and Expo.  

NAR established the DSA in 1979 to honor Realtors® who have made outstanding contributions to the real estate industry and are recognized as leaders in... Read More

Monday, January 01, 0001 -

ORLANDO (November 9, 2012) – The next few years will be pivotal for the future of homeownership in this country, according to 2013 National Association of Realtors® President Gary Thomas in a news conference today during the 2012 Realtors® Conference and Expo.

"For most of this nation's history, homeownership has been an investment in our collective futures," said Thomas, broker-owner of Evergreen Realty in Villa Park, Calif. "Realtors® know our country faces... Read More

Monday, January 01, 0001 -

ORLANDO (November 8, 2012) – Florida is not only the host state for this year’s Realtors® Conference & Expo; it’s also the fastest growing destination of choice for international buyers, accounting for 26 percent of foreign purchases last year, according to the National Association of Realtors® 2012 Profile of International Home Buying Activity. It’s no surprise, then, that this year’s conference... Read More

Monday, January 01, 0001 -

ORLANDO (November 8, 2012) – Real estate is facing a transformation in the coming years, given the nation’s economic concerns, demographic trends and shifting socio-economic landscape. As Realtors® gather this week for NAR’s annual Realtors® Conference and Expo, they are working to shape that future through the REThink Initiative.

“NAR takes its role as a leader in the real estate industry very seriously,” said NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in... Read More

Monday, January 01, 0001 -

CHICAGO (November 8, 2012) – The National Association of Realtors® is announcing REach™, a new type of Accelerator program developed to introduce innovative technology companies to the real estate marketplace.  REach™ is being developed through NAR’s strategic venture arm, Second Century Ventures.

Companies across the U.S. and internationally can apply online beginning today through January 10, 2013.  REach™ accepts companies at... Read More

Monday, January 01, 0001 -

WASHINGTON (November 7, 2012) – Growth in metropolitan area median home prices increased in the third quarter, and more areas are showing gains, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price rose in 120 out of 149 metropolitan statistical areas1 (MSAs) based on closings in the third quarter compared with same quarter in 2011, while 29 areas had... Read More

Monday, January 01, 0001 -

WASHINGTON (November 1, 2012) – Today the National Association of Realtors® launched its Realtors Property Resource® application nationwide. All Realtors® will have access to RPR, regardless of multiple listing service status with the site. Members whose MLSs and associations have partnered with RPR will have the benefit of additional functionality with the RPR tools and features, as the addition of  local market data provided by their MLS will... Read More

Monday, January 01, 0001 -

WASHINGTON (October 25, 2012) – Pending home sales were little changed in September but remain well above a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, edged up 0.3 percent to 99.5 in September from 99.2 in August and is 14.5 percent above September 2011 when it was 86.9. The data reflect contracts but not closings.

Lawrence Yun , NAR chief... Read More

Monday, January 01, 0001 -

WASHINGTON (October 22, 2012) – HouseLogic.com, the award-winning, comprehensive website for homeowners from the National Association of Realtors®, is pleased to unveil an original video series chronicling a $20,000 backyard makeover for Allison and Aaron Smith in Santa Maria, Calif. The Smiths were named the winners of the website’s... Read More

Monday, January 01, 0001 -

WASHINGTON (September 27, 2012) – After reaching a two-year peak, pending home sales fell in August but are at elevated levels compared with a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.6 percent to 99.2 in August from an upwardly revised 101.9 in July but is 10.7 percent above August 2011 when it was 89.6. The data reflect... Read More

Monday, January 01, 0001 -

WASHINGTON (September 24, 2012) – HouseLogic.com, a comprehensive website about all aspects of homeownership from the National Association of Realtors®, has won Content Marketing Institute’s (CMI) 2012 Content Marketing Orange Award for the Content Marketing “Program of the Year” in the online channel. The Orange Awards are presented to the best examples of content marketing projects, content marketing professionals and content marketing agency innovation.

“We are honored to receive such a prestigious distinction... Read More

Monday, January 01, 0001 -

WASHINGTON (September 19, 2012) – Existing-home sales continued to improve in August and the national median price rose on a year-over-year basis for the sixth straight month, according to the National Association of Realtors®.

Total existing-home sales 1 , which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 7.8 percent to a seasonally adjusted annual rate of 4.82 million in August from 4.47 million in July,... Read More

Monday, January 01, 0001 -

WASHINGTON (September 5, 2012) – A new measure shows the typical amount of time it takes to sell a home is shrinking, and for traditional sellers is now in the range of historic norms for a balanced market, well below the cyclical peak reached in 2009, according to the National Association of Realtors®.

The median time a home was listed for sale on the market1 was 69 days in July, down 29.6 percent from 98 days in July 2011.  The median reflects a wide spectrum; one-third of homes purchased in July were on the market for... Read More

Monday, January 01, 0001 -

WASHINGTON (August 29, 2012) – Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.4 percent to 101.7 in July from 99.3 in June and is 12.4 percent above July 2011 when it was 90.5. The data reflect contracts but not closings... Read More

Monday, January 01, 0001 -

WASHINGTON (July 31, 2012) – HouseLogic.com, the award-winning, comprehensive website for homeowners from the National Association of Realtors®, is pleased to announce the six finalists in the website’s  “Boost Your Roost” contest. Boost Your Roost gives homeowners a chance to win a $20,000 home renovation and star in original web videos this fall,... Read More

Monday, January 01, 0001 -

WASHINGTON (July 26, 2012) – Pending home sales declined in June but marked 14 consecutive months of year-over-year gains, according to the National Association of Realtors®

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, slipped 1.4 percent to 99.3 in June from a downwardly revised 100.7 in May but is 9.5 percent higher than June 2011 when it was 90.7.  The data... Read More

Monday, January 01, 0001 -

WASHINGTON (June 29, 2012) – As Florida residents clean up in the aftermath of Tropical Storm Debby, many more Americans can anticipate flooding and damage during this year's hurricane season. HouseLogic.com, the award-winning comprehensive website for home owners from the National Association of Realtors®, offers valuable resources and information to help residents clean up after floods.

"The damage from natural disasters like floods and hurricanes not only affects individual families but also entire communities,... Read More

Monday, January 01, 0001 -

WASHINGTON (June 27, 2012) – Pending home sales bounced back in May, matching the highest level in the past two years, and are well above year-ago levels, according to the National Association of Realtors®.  Both monthly and annual gains were seen in every region.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.9 percent to 101.1 in May from 95.5 in April and is 13.3 percent above May 2011 when it was 89.2.  The data reflect contracts but... Read More

Monday, January 01, 0001 -

WASHINGTON (June 22, 2012) – HouseLogic.com, the award-winning comprehensive website for home owners from the National Association of Realtors®, is conducting a contest offering a chance to win a home renovation valued at $20,000 to make home sweet home that much sweeter. Today through July 16, homeowners are invited to submit renovation project ideas to the "Boost Your Roost" contest to be considered... Read More

Monday, January 01, 0001 -

WASHINGTON (May 30, 2012) – Pending home sales retrenched in April following three consecutive monthly gains, but are notably higher than a year ago, according to the National Association of Realtors® ®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 5.5 percent to 95.5 from a downwardly revised 101.1 in March but is 14.4 percent above April 2011 when it was 83.5.  The data reflects contracts but not closings... Read More

Monday, January 01, 0001 -

WASHINGTON (May 29, 2012) – Technology has transformed the way Realtors® do business, and the National Association of Realtors® is helping members keep up with the latest trends that can enhance business and client relations. NAR Tech Edge, a new one-day technology conference hosted by NAR, will give attendees the chance to learn about cutting edge technologies that are changing the real estate industry.

"Technology is increasingly important for Realtors® and their business," said... Read More

Monday, January 01, 0001 -

WASHINGTON (May 23, 2012) – Realtors® specializing in commercial real estate reported an increase in transactions in 2011, as well as a rise in their median gross annual income, according to the 2012 National Association of Realtors® Commercial Member Profile.
  
The study's results represent Realtors® who practice commercial real estate; these NAR members conduct all or part of their activity in commercial sales, leasing, brokerage and development for... Read More

Monday, January 01, 0001 -

WASHINGTON (May 22, 2012) – Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of Realtors®. The improvements in sales and prices were broad based across all regions.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4 percent to a seasonally adjusted... Read More

Monday, January 01, 0001 -

WASHINGTON (May 21, 2012) – HouseLogic.com, the award-winning comprehensive website for homeowners from the National Association of Realtors®, launches its next online sweepstakes Monday, May 21, and site visitors could win a $100 Visa gift card.  Readers who comment on a special blog series, the “Drafty House Rehab,” will have a chance to win one of four available gift cards. 

The giveaway,... Read More

Monday, January 01, 0001 -

WASHINGTON (May 21, 2012) – Realtors® Federal Credit Union members now have access to expanded financial and banking resources as a result of a merger with Northwest Federal Credit Union.

"The National Association of Realtors® is a Realtor's® business advantage," said NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. "This credit union merger helps us continue to provide products and services that meet the specific needs... Read More

Monday, January 01, 0001 -

WASHINGTON (May 18, 2012) – The next two decades in housing markets depends largely on the Echo Boomers. That's according to panelists at the "Shifting Demographics and Housing Choice: A Whole New World?" session today during the Realtors® 2012 Midyear Legislative Meetings & Trade Expo here.

There are approximately 62 million echo boomers in the U.S. Also called "millennials," echo boomers are currently ages 17-31. According to the 2011 National Association of Realtors® Profile of Home Buyers and... Read More

Monday, January 01, 0001 -

WASHINGTON (May 17, 2012) – Positive underlying economic factors are helping relieve a pent-up housing demand, according to a presentation at a residential real estate forum at the Realtors® Midyear Legislative Meetings & Trade Expo here.

National Association of Realtors® Chief Economist Lawrence Yun said there are many improving factors that are helping home sales. "Historically high housing affordability conditions, ongoing job creation, a solid stock market recovery, rising rents, a larger pool of qualified renters, a pent-... Read More

Monday, January 01, 0001 -

WASHINGTON (May 17, 2012) – An estimated 15,000 Realtors® converged on the grounds of the Washington Monument today to make their voices heard on behalf of homeowners, real estate investors, and those who aspire to homeownership.

At the Rally to Protect the American Dream, Realtors® from every state in the country joined invited members of Congress to demonstrate their commitment to preserving access to homeownership and robust real estate investment.

"Realtors® know that homeownership is an investment... Read More

Monday, January 01, 0001 -

WASHINGTON (May 16, 2012) – Today's real estate market is challenging and competitive, but this year's REALTOR® Magazine "30 Under 30" honorees haven't let that deter them. The 2012 class is following in the strong entrepreneurial tradition of real estate, creating their own pathways to success.

"I am always astonished to see the "30 Under 30" professionals every year and all that they have achieved in such a short amount of time," said National Association of... Read More

Monday, January 01, 0001 -

WASHINGTON (May 15, 2012) – Housing and the economic recovery will play a large part in deciding the outcome of the 2012 presidential election, according to public policy experts at today's Legislative and Political Forum during the Realtors® 2012 Midyear Legislative Meetings & Trade Expo. Former Republican National Committee Chairman Michael Steele, leading Democratic strategist Celinda Lake, and National Economic Council Director Gene Sperling provided their unique insights into issues affecting the long-term direction of the... Read More

Monday, January 01, 0001 -

WASHINGTON (May 15, 2012) – Housing affordability conditions for all buyers reached a milestone in the first quarter, according to the National Association of Realtors®.

NAR's composite quarterly Housing Affordability Index* rose to a record high of 205.9 in first quarter, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power. This is the first time the quarterly... Read More

Monday, January 01, 0001 -

WASHINGTON (May 10, 2012) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has sold ePropertyData (ePD) to Xceligent to create a competitive national alternative in commercial real estate information.

Xceligent will leverage ePD’s commercial information exchange (CIE) solution to help expand its existing coverage of fully researched commercial real estate information into the largest U.S. markets. ePD provides... Read More

Monday, January 01, 0001 -

WASHINGTON (May 10, 2012) – Realtor® Magazine, an online and print publication of  the National Association of Realtors®, has received three awards for Media Innovation from the Association Media & Publishing EXCEL Awards. The EXCEL Awards honor the best and brightest in association media and publishing.

“NAR is Realtors®’ business advantage, and Realtor® Magazine is just one example of the myriad resources and information NAR provides for its members,” said NAR President Moe Veissi, broker-owner... Read More

Monday, January 01, 0001 -

WASHINGTON (May 9, 2012) – Median existing single-family home prices are firming in many metropolitan areas, while improving sales and declining inventory are creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price rose in 74 out of 146 metropolitan statistical areas1 (MSAs) based on closings in the first quarter from the same quarter in 2011, while 72 areas had price declines.  In... Read More

Monday, January 01, 0001 -

WASHINGTON (May 1, 2012) - The National Association of Realtors® has awarded grants totaling more than $60,000 to 19 state and local Realtor® associations through the Housing Opportunity Program. The HOP grants program is a national effort designed to promote and expand affordable housing opportunities in communities across the nation.

“Realtors® are leaders in creating housing opportunities and these grants further our actions toward making housing affordable for all who are willing and able to become homeowners,”... Read More

Monday, January 01, 0001 -

WASHINGTON (April 26, 2012) – Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February and is 12.8 percent above March 2011 when it was 89.9.  The data reflects contracts but not closings.

The index is now at... Read More

Monday, January 01, 0001 -

WASHINGTON (April 23, 2012) - The National Association of Realtors® is joining forces once again with the U.S. Department of the Treasury to offer aid to homeowners who are struggling to keep their homes and avoid foreclosure and to help Realtors® better assist clients through the short sale process.

At a Making Home Affordable "Help for Homeowners" outreach event today in Chicago, Realtors® and homeowners will gain valuable insights and information about short sales and have the opportunity to meet directly with... Read More

Monday, January 01, 0001 -

WASHINGTON (April 16, 2012) - A narrow definition of the impending Ability to Repay regulation could harm consumers and the housing market recovery, according to the National Association of Realtors®.

In a letter sent today to Richard Cordray, director of the Consumer Financial Protection Bureau, NAR joined a broad coalition of lenders, investors, housing professionals, consumer advocates and civil rights groups to urge for a broadly defined Qualified Mortgage (QM) that covers a wide range of... Read More

Monday, January 01, 0001 -

WASHINGTON (April 10, 2012) –With the April 17 tax deadline one week away, many individuals and families still have time to take advantage of the valuable tax benefits homeownership affords. The National Association of Realtors® consumer website, HouseLogic.com, can help.

“Our government encourages homeownership because it benefits families, communities, and our nation’s economy; homeownership is an investment in our collective futures,” said NAR President... Read More

Monday, January 01, 0001 -

WASHINGTON (April 2, 2012) – As the leading advocate for homeownership and housing issues, the National Association of Realtors® will join the nation in honoring Fair Housing Month this April.

This year marks the 44th anniversary of the 1968 landmark Fair Housing Act, which prohibits discrimination based on race, color, national origin, religion, sex, familial status or handicap. NAR also supports equal opportunity on the basis of sexual orientation, incorporating that support into the Realtor® Code of Ethics. ... Read More

Monday, January 01, 0001 -

WASHINGTON (March 29, 2012) - Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, eased 0.5 percent to 96.5 in February from 97.0 in January but is 9.2 percent above February 2011 when it was 88.4. The data reflects contracts but not closings.

Lawrence Yun, NAR chief economist, said we’re... Read More

Monday, January 01, 0001 -

WASHINGTON (February 27, 2012) - Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.0 percent to 97.0 in January from a downwardly revised 95.1 in December and is 8.0 percent higher than January 2011 when it was 89.8. The data reflects contracts but not closings.

The January index is the... Read More

Monday, January 01, 0001 -

WASHINGTON (February 22, 2012) - Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, 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, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January from a downwardly revised 4.38 million-unit pace in December and... Read More

Monday, January 01, 0001 -

WASHINGTON (January 25, 2012) - After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 3.5 percent to 96.6 in December from 100.1 in November but is 5.6 percent above December 2010 when it was 91.5. The data reflects contracts but not closings.

Lawrence Yun, NAR chief economist, said the trend line remains... Read More

Monday, January 01, 0001 -

WASHINGTON (January 23, 2012) - HouseLogic.com, a comprehensive website about all aspects of homeownership from the National Association of Realtors®, has launched a new online sweepstakes. Readers who leave comments on a blog featured at the site will have a chance to win a $100 Visa gift card. The sweepstakes is part of a special do-it-yourself blog series, “Water-Wise Bathroom Redo.... Read More

Monday, January 01, 0001 -

WASHINGTON (January 20, 2012) - Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®.

The latest monthly data shows total existing-home sales1 rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from a downwardly revised 4.39 million in November, and are 3.6 percent higher than the 4.45 million-unit level in December 2010. The... Read More

Monday, January 01, 0001 -

WASHINGTON (December 29, 2011) - Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1 in November from an upwardly revised 93.3 in October and is 5.9 percent above November 2010 when it stood at 94.5. The October upward revision resulted in a 10.4 percent monthly gain.

The last time the index was higher was in April 2010... Read More

Monday, January 01, 0001 -

WASHINGTON (December 9, 2011) - A recent survey by Houselogic.com, the consumer website from the National Association of Realtors®, finds that jobs and the housing market will be two of the most important issues for voters in the 2012 election. Nearly one-third of respondents said housing will be the top issue on their mind when they head to the polls next November.

“We need to keep housing first on the nation’s public policy agenda, because housing and home ownership issues affect all Americans,”... Read More

Monday, January 01, 0001 -

WASHINGTON (November 30, 2011) - Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, surged 10.4 percent to 93.3 in October from 84.5 in September and is 9.2 percent above October 2010 when it stood at 85.5. The data reflects contracts but not closings.

Lawrence Yun, NAR chief economist, said improved contract activity is a hopeful sign... Read More

Monday, January 01, 0001 -

WASHINGTON (November 28, 2011) - Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said there is little change in most of the commercial market sectors. “Vacancy rates are flat, leasing is soft and concessions continue to make it a tenant’s market,” he said. “However, with modest economic growth and job creation, the fundamentals for commercial... Read More

Monday, January 01, 0001 -

WASHINGTON (November 22, 2011) - The Housing Opportunity Program Grants, a National Association of Realtors® grant program, has presented $62,500 to 19 local and state Realtor® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities.

“Realtors® work hard to help raise awareness and identify and promote solutions that address affordable housing opportunities,” said NAR President Moe Veissi, broker-owner... Read More

Monday, January 01, 0001 -

WASHINGTON (November 21, 2011) - Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in October from a downwardly revised 4.90 million in September, and are 13.5 percent above the 4.38 million... Read More

Monday, January 01, 0001 -

ANAHEIM (November 14, 2011) - Maurice “Moe” Veissi, a Realtor® from Miami, was installed today as 2012 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2011 Realtors® Conference & Expo.

In 2011, Veissi was NAR president-elect, and he was NAR first vice president in 2010. A Realtor® for 40 years, Veissi is broker-owner of Veissi & Associates Inc., in Miami, and specializes in land development and acquisition.... Read More

Monday, January 01, 0001 -

ANAHEIM (November 13, 2011) - Home buyers face unprecedented hurdles in qualifying for a mortgage in today’s market, but getting a loan is possible for those who know how to overcome the obstacles, according to a presentation on Cracking the Credit Code at the 2011 Realtors® Conference & Expo.

Data from the National Association of Realtors® shows that 18 percent of NAR members reported contract failures in recent months, which are double the levels of a year earlier. Contract failures are cancellations caused... Read More

Monday, January 01, 0001 -

ANAHEIM (November 11, 2011) - Although the housing market struggled to maintain an even footing in 2011, gradual improvement is expected in 2012 and beyond, according to projections at a residential forum here at the 2011 Realtors® Conference & Expo.

Lawrence Yun, chief economist of the National Association of Realtors®, said home sales should be stronger. “Tight mortgage credit conditions have been holding back home buyers all year, and consumer confidence has been shaky recently,” he said. “Nonetheless, there is a... Read More

Monday, January 01, 0001 -

ANAHEIM (November 10, 2011) - Realtors® stand ready to protect and defend opportunities for homeownership, and many of them have gathered here at the 2011 REALTORS® Conference & Expo to prepare for the challenges ahead.

During the opening session today at this week’s meetings, National Association of Realtors® President Ron Phipps outlined obstacles and opportunities facing the real estate industry.

“For the first time in generations, the American dream of homeownership is... Read More

Monday, January 01, 0001 -

WASHINGTON (November 9, 2011) - Metro area median existing-home prices in the third quarter generally were down from a year ago, while sales rose in every state from the third quarter of 2010, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price rose in 39 out of 150 metropolitan statistical areas1 (MSAs) in the third quarter from a year earlier; 111 areas showed price declines. In the second quarter, 41 metro areas... Read More

Monday, January 01, 0001 -

WASHINGTON (October 27, 2011) - Pending home sales declined in September, although activity remains above a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 4.6 percent to 84.5 in September from 88.6 in August but is 6.4 percent higher than September 2010 when it stood at 79.4. The data reflects contracts but not closings.

Lawrence Yun, NAR chief economist, said the housing market is being... Read More

Monday, January 01, 0001 -

WASHINGTON (October 20, 2011) - Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, declined 3.0 percent to a seasonally adjusted annual rate of 4.91 million in September from an upwardly revised 5.06 million in August, but are 11.3 percent above... Read More

Monday, January 01, 0001 -

WASHINGTON (September 29, 2011) - Pending home sales slipped in August with a mixed regional performance but are higher than a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 1.2 percent to 88.6 in August from 89.7 in July but is 7.7 percent above August 2010 when it stood at 82.3. The data reflects contracts but not closings.

Lawrence Yun, NAR chief economist, said the decline reflects an... Read More

Monday, January 01, 0001 -
Monday, January 01, 0001 -

WASHINGTON (August 10, 2011) - Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price rose in 41 out of 151 metropolitan statistical areas1 (MSAs) in the second quarter from the same... Read More

Monday, January 01, 0001 -

WASHINGTON (July 19, 2011) - Stability in the housing market will lead to a quicker and greater economic recovery, according to the National Association of Realtors®. In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.

“As the nation’s... Read More

Monday, January 01, 0001 -

WASHINGTON (July 6, 2011) - Most Americans still believe that owning a home is a solid financial decision, and a majority of renters aspire to home ownership as a long-term goal. According to the 2011 National Housing Pulse Survey released today by the National Association of Realtors®, 72 percent of renters surveyed said owning a home is a top priority for their future, up from 63 percent in 2010.

Seven in 10 Americans also agreed that buying a home is a good financial decision while almost two-thirds said now is a good time to purchase a home. The... Read More

Monday, January 01, 0001 -

WASHINGTON (June 29, 2011) - Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 8.2 percent to 88.8 in May from an upwardly revised 82.1 in April and is 13.4 percent higher than the 78.3 reading in May 2010. The data reflects contracts but not closings, which normally occur with a lag... Read More

Monday, January 01, 0001 -

WASHINGTON (June 21, 2011) - Existing-home sales were down in May as temporary factors and financing problems weighed on the market, according to the National Association of Realtors®.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, fell 3.8 percent to a seasonally adjusted annual rate of 4.81 million in May from a downwardly revised 5.00 million in April, and are 15.3 percent below a... Read More

Monday, January 01, 0001 -

WASHINGTON (May 27, 2011) - Pending home sales fell in April with regional variations following increases in February and March, with unusual weather and economic softness adding to ongoing problems that are hobbling a recovery, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, dropped 11.6 percent to 81.9 in April from a downwardly revised 92.6 in March. The index is 26.5 percent below a cyclical peak of 111.5 in April 2010 when buyers were rushing... Read More

Monday, January 01, 0001 -

WASHINGTON (May 24, 2011) - The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said job creation will be the biggest factor moving forward. “Job growth creates demand for commercial space, and the economy should be adding between 1.5 million and 2 million jobs annually both this year and in 2012, with the unemployment rate falling to 8.0 percent by the end of next year,” he said. “Given the minimal new... Read More

Monday, January 01, 0001 -

WASHINGTON (May 23, 2011) - REALTOR® Magazine’s 2011 “30 Under 30” honorees exemplify the personal drive many Realtors® have to be the best and provide a high level of service to their clients, despite tough market conditions and a constantly evolving industry.

“I am amazed at the outstanding qualities and work ethic this year’s ‘30 Under 30’ honorees possess,” said National Association of Realtors® President Ron Phipps, broker-president of Phipps... Read More

Monday, January 01, 0001 -

WASHINGTON (May 19, 2011) - Existing-home sales slipped in April, although the market has managed six gains in the past nine months, according to the National Association of Realtors®.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, eased 0.8 percent to a seasonally adjusted annual rate of 5.05 million in April from a downwardly revised 5.09 million in March, and are 12.9 percent below a 5.80 million pace in April... Read More

Monday, January 01, 0001 -

WASHINGTON (May 17, 2011) - Realtors® have been focusing more on training to help them better meet the needs of clients in a housing market with unique challenges, according to the 2011 National Association of Realtors® Member Profile.

The study’s results are representative of the nation’s Realtors®, who account for more than half of the approximately 2.0 million active real estate licensees in the U.S. The typical NAR member has 12 years of experience; nine out of 10 say they are certain they will remain in... Read More

Monday, January 01, 0001 -

WASHINGTON (May 12, 2011) - Home sales are expected to stay on an uptrend through 2012, although the performance will be uneven with mortgage constraints weighing on the market, according to experts at a residential real estate forum today at the Realtors® Midyear Legislative Meetings & Trade Expo here.

Lawrence Yun, NAR chief economist, said existing-home sales have been underperforming by historical standards and will rise gradually but unevenly. “If we just hold at the first-quarter sales pace of 5.1 million, sales this year would... Read More

Monday, January 01, 0001 -

WASHINGTON (May 10, 2011) - Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®.

Total state existing-home sales, including single-family and condo, rose 8.3 percent to a seasonally adjusted annual rate1 of 5.14 million in the first quarter from 4.75 million in the... Read More

Monday, January 01, 0001 -

WASHINGTON (April 28, 2011) - March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however, activity was at elevated levels in March and April of 2010 to meet the contract deadline for the home buyer tax... Read More

Monday, January 01, 0001 -

WASHINGTON (April 20, 2011) - Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of Realtors®.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 3.7 percent to a seasonally adjusted annual rate of 5.10 million in March from an upwardly revised 4.92 million in February, but are 6.3 percent below the 5.44... Read More

Monday, January 01, 0001 -

WASHINGTON (April 1, 2011) - The National Association of Realtors® will join Americans across the country as they honor Fair Housing Month this April. As the leading advocate for home ownership, NAR strongly supports the Fair Housing Act and believes that anyone who is able and willing to assume the responsibilities of owning a home should have the opportunity to pursue that dream.

This April marks the 43rd anniversary of the 1968 landmark Fair Housing Act, which prohibits discrimination based on race, color, national origin, religion, sex, familial... Read More

Monday, January 01, 0001 -

WASHINGTON (March 28, 2011) - Pending home sales increased in February but with notable regional variations, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator, rose 2.1 percent to 90.8, based on contracts signed in February, from 88.9 in January. The index is 8.2 percent below 98.9 recorded in February 2010. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

Lawrence Yun, NAR chief... Read More

Monday, January 01, 0001 -

WASHINGTON (March 21, 2011) - Existing-home sales fell in February following three straight monthly increases, according to the National Association of REALTORS®. 

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 9.6 percent to a seasonally adjusted annual rate of 4.88 million in February from an upwardly revised 5.40 million in January, and are 2.8 percent below the 5.02 million pace in February 2010.... Read More

Monday, January 01, 0001 -

WASHINGTON (February 28, 2011) - Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator, declined 2.8 percent to 88.9 based on contracts signed in January from a downwardly revised 91.5 in December. The index is 1.5 percent below the 90.3 level in January 2010 when a tax credit stimulus was in place. The data reflects contracts and not closings... Read More

Monday, January 01, 0001 -

WASHINGTON (February 25, 2011) - A stabilization trend is taking place in commercial real estate sectors, but in most markets rent will remain soft except for multifamily rentals, according to the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said a pullback in construction is helping stabilize the market. “Very limited construction of new commercial real estate over the past few years has essentially fixed the supply of available space,” he said. “This means vacancy rates could fall quickly from any... Read More

Monday, January 01, 0001 -

WASHINGTON (February 23, 2011) - The uptrend in existing-home sales continues, with January sales rising for the third consecutive month with a pace that is now above year-ago levels, according to the National Association of REALTORS®.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January from a downwardly revised 5.22 million in... Read More

Monday, January 01, 0001 -

WASHINGTON (January 27, 2011) - Pending home sales improved further in December, marking the fifth gain in the past six months, according to the National Association of Realtors®

The Pending Home Sales Index,* a forward-looking indicator, increased 2.0 percent to 93.7 based on contracts signed in December from a downwardly revised 91.9 in November. The index is 4.2 percent below the 97.8 mark in December 2009. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

... Read More

Monday, January 01, 0001 -

WASHINGTON (January 20, 2011) - Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS®.

Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 12.3 percent to a seasonally adjusted annual rate of 5.28 million in December from an upwardly revised 4.70 million in November, but remain 2.9 percent below the 5.44... Read More

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