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NAR

With more than 1.3 million members, the National Association of REALTORS (NAR) is the voice for real estate. Visit REALTOR.org to see how our real estate resources can benefit you.

REALTOR® magazine (http://www.realtor.org/realtormag) is the official magazine of the NATIONAL ASSOCIATION OF REALTORS® and the business tool for real estate professionals.

The magazine advances real estate best practices, brings expert insight to significant trends, and provides REALTORS® with timely decision-making tools on business purchases and strategies.

Contact:

Walt Molony
202/383-1177

1-800-874-6500

NAR

Stable Growth Expected for Commercial Real Estate in 2017

Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast.
NAR

Existing-Home Sales Jump in January

Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.
NAR

NAR, Realtor.com® Identify Growing Rift Between Housing Availability and Affordability

Existing-home sales are forecast to expand 1.7 percent in 2017, but a new housing affordability model created jointly by the National Association of Realtors® and realtor.com®, a leading online real estate destination, operated by operated by News Corp [NASDAQ: NWS, NWSA]; [ASX: NWS, NWSLV] subsidiary Move, Inc., suggests homebuyers at many income levels could see an inadequate amount of listings on the market within their price range in coming months

NAR Tech Edge Events Keep Realtors® Apprised of Latest Tools

Technology is transforming how Realtors® conduct business and communicate with clients. Now more than ever, Realtors® know the importance of staying up-to-date with the new and emerging technologies that are essential to the real estate business. To help Realtors® stay well informed of the latest business technology skills and trends changing the real estate industry, the National Association of Realtors® is continuing its one-day technology conference series, NAR Tech Edge.

When Buying, Selling and Renovating, it’s an Animal House, Say Realtors

When making decisions about buying, selling or renovating their homes, Americans, by and large, take their pets' needs into account, according to a new report from the National Association of Realtors®. The 2017 Animal House: Remodeling Impact report found that 81 percent of respondents said that animal-related considerations play a role when deciding on their next living situation.

Swift Gains in Fourth Quarter Push Home Prices to Peak Levels in Majority of...

The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that sales prices in over half of measured markets since 2005 are now at or above their previous peak level.

NAR Finds Real and Imaginary Barriers Holding Back Prospective Homebuyers

Existing-home sales increased 3.8 percent to a 10-year high in 20161, but affordability pressures, student debt and possible confusion about down payment requirements prevented many aspiring homeowners from reaching the market, according to recent consumer insight from the National Association of Realtors

Pending Home Sales Bounce Back in December

Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors

Existing-Home Sales Slide in December; 2016 Sales Best Since 2006

Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels, according to the National Association of Realtors

FHA Mortgage Insurance Premium Reduction a Fresh Start, Says NAR President Brown

Lower costs are coming for homebuyers seeking a Federal Housing Administration -insured mortgage. FHA announced today that they are cutting annual premiums for mortgage insurance from 0.85 percent to 0.60 percent, a move the National Association of Realtors® said breathes new life into the program.

NAR CEO Dale Stinton to Retire, Search Firm Retained

After 36 years of service, National Association of Realtors® CEO Dale Stinton will retire from the association in 2017. Chicago-based executive search firm Heidrick & Struggles has been retained to find Stinton’s replacement

Pending Home Sales Backpedal in November

Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers, according to the National Association of Realtors. Only the Northeast saw monthly and annual pending sales gains last month.

Existing-Home Sales Forge Ahead in November

A big surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors

Home Sales Expected to Expand Modestly in 2017 As Affordability Pressures Temper Buyer Enthusiasm

Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®.

2017 Realtor® Broker Summit to Feature Market Forecasts and Insights, Inspiring Keynotes

Real estate brokers understand the importance of learning best practices regarding management and entrepreneurial skills and gaining valuable real estate insights that can make their brokerages more successful. For this reason, the National Association of Realtors® is inviting brokers from across the country to attend the 2017 Realtor® Broker Summit in San Diego at the exclusive Fairmont Grand Del Mar resort.
NAR

Challenges and Opportunities for Homeownership Take Center State at National Association of Realtors®, S&P...

The homeownership rate in America continues to hover around a 50-year low, but experts gathered for an event in the Washington, D.C. offices of the National Association of Realtors® said today that there are real-world opportunities to turn that trend around.

National Association of Realtors® Congratulates Dr. Ben Carson, Nominee for Secretary of Housing and...

In response to the announcement of Dr. Ben Carson as President-Elect Donald J. Trump’s selection for Secretary of Housing and Urban Development, NAR President William E. Brown issued the following statement

Second Century Ventures Accepting Applications for 2017 REach Accelerator Class

Second Century Ventures, the National Association of Realtors®’ strategic investment arm, is accepting applications for its 2017 REach® accelerator class now through January 31, 2017

Pending Home Sales Crawl Forward in October

Pending home sales were mostly unchanged in October, but did squeak out a meager gain for the second consecutive month, according to the National Association of Realtors

Consumers and Realtors® Show Greater Interest in Smart Home Technologies, Certifications

As smart homes become more popular among consumers, buyers and sellers are showing greater interest in those homes and smart-home technologies and Realtors® in a certification to acknowledge their experience and expertise in those features

Existing-Home Sales Jump Again in October

Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October

Second Century Ventures Invests in Trust Stamp and Keeping Realtors® Safe

The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Trust Stamp, an identity authentication company that leverages artificial intelligence and blockchain technologies.

Just-Released FHA Report Shows Fresh Opportunity to Make Homeownership More Affordable

The Federal Housing Administration’s just released (link is external) actuarial report shows that the Mutual Mortgage Insurance Fund is on a steady financial trajectory, a finding the National Association of Realtors® believes is an opportunity to make FHA’s low-down-payment mortgage option available to an even broader swath of borrowers

NAR Installs 2017 Officers

Bill Brown, a second generation Realtor® from Alamo, California was installed today as 2017 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2016 REALTORS® Conference & Expo. Brown has been active in real estate for 36 years and is the founder of Investment Properties, a division of the family real estate business started by his father, William H. Brown, in 1964, which focuses on the sale of apartment buildings to both institutional and private capital investors.

NAR Presents Realtor® Pat Kaplan with Distinguished Service Award

Pat G. Kaplan, a Realtor® from Portland, Oregon has received the National Association of Realtors® 2016 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s more than 1.2 million members. Winners were recognized at the REALTORS® Conference & Expo in Orlando, Florida.

Realtors® Gather in Orlando Focused on Real Estate Opportunities Ahead

As the country heads into the final days of the general election, Realtors® are convening in Orlando, Florida for the 2016 REALTORS® Conference & Expo, themed "Educate. Innovate. Celebrate."

Housing Supply Crunch Accelerates Metro Home Price Growth during Third Quarter

Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including San Jose, California, which had a median single-family home price of $1 million for the second straight quarter.

First-time Buyers, Single Women Gain Traction in NAR’s 2016 Buyer and Seller Survey

The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women.

First-time Buyers Steer Existing-Home Sales Higher in September

Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.

Five Notable Nuggets from NAR’s Home Buyer and Sellers Survey’s 35-Year History

tional Association of Realtors®, mortgage rates were over four times higher than they are today and first-time buyers made up a much larger share of overall sales (44 percent). Over time, homebuyer tastes and behaviors have changed, yet many have stayed the same. In anticipation of the 2016 survey release on October 31, NAR has identified five noteworthy real estate trends since the survey’s inception.

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HUD

HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN JANUARY

The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for January 2017

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ABA

ABA Conference: Lenders Gain Insight into the Future of Mortgage Lending

Real estate lenders will explore ways to broaden their competitive edge and enhance their lending potential at the American Bankers Association’s Real Estate Lending Conference in Orlando, March 29-31.