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

   http://www.realtor.org/

    Existing-Home Sales Lose Momentum in April

    Despite properties typically selling faster than at any time since July 2013, existing–home sales slowed in April but remained above an annual sales pace of five million for the second straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced sales declines in April.

    Let Rural Housing Service Provide Direct Endorsement Authority to Lenders, Say Realtors

    The following is a statement by National Association of Realtors® President Chris Polychron in support of the Rural Housing Service and today’s testimony from RHS Administrator Tony Hernandez before the U.S. House Financial Services Subcommittee on Housing and Insurance

    Realtors Help Make Home Possible for Vets, Say VA Officials

    Officials from the U.S. Department of Veterans Affairs encouraged Realtors® to help debunk misconceptions regarding the VA Home Loan Guaranty Program yesterday at an agency briefing held during the REALTORS® Legislative Meetings & Trade Expo.

    Realtors® Eagerly Await A-OK to Fly UAVs

    There will be a time when Realtors® can legally fly an unmanned aerial system, or drone, around property listings to capture images for marketing purposes, but that time has not yet arrived, at least not completely. That’s according to Federal Aviation Administration officials who told Realtors® today during the When, Where and How can I Use My Drone session at the REALTORS® Legislative Meetings & Trade Expo

    NAR Board Approves Nationwide Broker Data Entry System

    The NAR Board of Directors at its 2015 meeting May 16 in Washington, D.C., approved a partnership between NAR and its wholly owned subsidiary Realtors Property Resource® and another company, UpStream RE, LLC, to create a data entry and collection system for the brokerage community using the RPR® advanced Multi-list platform (AMP™)

    Walkable Urban Places are the Future of Real Estate Development

    Realtors® from across the country gathered today to learn about the importance and benefits of walkable urban communities in real estate development during a panel organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies during the REALTORS® Legislative Meetings & Trade Expo.

    Realtor.com® Strengthens Ties to Realtors® with New Website Improvements

    In a move to better position itself for the future and further align itself with Realtors®, Move, Inc., operator of realtor.com®, the official listing site of the National Association of Realtors®, this week introduced new site features to better connect Realtors® and consumers. The announcement, made at the 2015 REALTORS® Legislative Meetings & Trade Expo, comes at a time when realtor.com® is experiencing substantial year-over-year growth.

    Commercial Market Continues Recovery, Says NAR Chief Economist

    While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.

    Existing-Home Sales on the Rebound Despite Some Affordability Concerns

    Existing-home sales are expected to finish the year at their highest pace since 2006, but accelerating price growth and rising mortgage rates have the potential to slow sales, according to an economic forecast forum here at the2015 Realtors® Legislative Meetings & Trade Expo.

    NAR Unveils New Realtor® Safety Resources

    To aid members and Realtor® associations in developing safety protocols, the National Association of Realtors® has expanded its Realtor® Safety Program resources with new classes and materials

    Realtors® help Families Own Piece of American Dream, Says Secretary Castro

    The path to opportunity has always been, and will continue to be, paved by homeownership and the benefits it affords to families and communities, U.S. Housing and Urban Development Secretary Julián Castro told a packed ballroom of Realtors® and guests this afternoon while participating in a fireside style chat with NAR President Chris Polychron during the Realtors® Legislative Meetings & Trade Expo.

    Realtors® and Rural Housing Officials Work Together to Change Lives

    The partnership between Realtors® and the Rural Housing Service supports homeownership in rural areas and helps those communities thrive, according to officials from the U.S. Department of Agriculture, the agency that administers the RHS program, who held a briefing today during the Realtors® Legislative Meetings & Trade Expo.

    Communication Is Key as Realtors®, Lenders Adjust to New Disclosure Requirements

    Realtors® should prepare themselves now for the new disclosure requirements being implemented by the Consumer Financial Protection Bureau later this year, and communication between all parties in the real estate transaction is essential in ensuring a smooth transition, according to speakers at a regulatory issues forum here at the 2015 Realtors® Legislative Meetings & Trade Expo.

    Realtors® Head to Washington to Urge Action on Industry, Consumer Issues

    Realtor® leaders from across the country will converge on the nation’s capital this week to advance key real estate issues with regulators and members of Congress during the Realtor® Legislative Meetings & Trade Expo, here through May 16.

    Metro Home Prices Maintain Steady Growth in First Quarter of 2015

    Stronger demand amidst lagging inventory levels caused home prices to accelerate in many metro areas during the first quarter of 2015, and the number of areas experiencing double-digit price appreciation doubled compared to last quarter, according to the latest quarterly report by the National Association of Realtors®.

    Realtor® Volunteering Works Program Announces 2015 Grants and Mentoring Recipients

    REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the seventh annual Volunteering Works, a program that matches Realtors® who work on small-scale charitable efforts with grant money and mentors to help expand the reach of their charities

    NAR Study: Majority of Metro Areas Experiencing Widening Inequality

    Rising home prices in many metro areas have helped homeowners build housing wealth in recent years, but the continued decline in homeownership means the gains are going to fewer people and likely leading to worsening inequality in the U.S., according to new research

    FAA UAV Initiatives Good for Real Estate, Say Realtors®

    “Realtors® believe that images gathered by unmanned aerial vehicles, or UAVs, can enhance the experience of buying and selling real estate. The FAA’s intention to study the safety of UAV flights that go beyond the line of sight of the operator could lead to important benefits in the real estate industry, particularly for agents who wish to market rural and large commercial properties.

    Senate Patent Reform Bill a Good First Step, Say Realtors®

    The following is a statement by National Association of Realtors® President Chris Polychron regarding the Protecting American Talent and Entrepreneurship (PATENT) Act of 2015 introduced in the U.S. Senate today by Judiciary Committee Chairman Charles Grassley, Ranking Member Patrick Leahy and Sens. John Cornyn, Orrin Hatch, Mike Lee, Chuck Schumer and Amy Klobuchar

    Pending Home Sales Increase in March for Third Consecutive Month

    Pending home sales in March continued their recent momentum, rising for the third straight month and remaining at their highest level since June 2013, according to the National Association of Realtors®.

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