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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

Technology, Inventory and Competition Among Firms’ Top Challenges: Realtors® Survey

Keeping up with technology, maintaining sufficient inventory, competition from nontraditional participants and profitability are among the biggest challenges for real estate firms, according to the National Association of Realtors® 2017 Profile of Real Estate Firms
NAR

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly reportby the National Association of Realtors
NAR

Pending Home Sales Recover in June, Grow 1.5 Percent

After declining for three straight months, pending home sales reversed course in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors®
NAR

Existing-Home Sales Retreat 1.8 Percent in June

Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an increase in sales last month.
NAR

Realtors®, House Financial Services Committee Reach Agreement to Move Key Flood Insurance Legislation Forward

The National Association of Realtors® today said that significant improvements to the “21st Century Flood Reform Act,” key legislation aimed atstrengthening and reauthorizing(link is external) the National Flood Insurance Program, have cleared the way for endorsement of the bill. Among the changes, Realtors® support the House Financial Services Committee’s commitment to retaining “grandfathering” – a policy that protects homeowners from significant rate increases when a flood map changes.
NAR

Foreign U.S. Home Sales Dollar Volume Surges 49 Percent to Record $153 Billion

Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated.
NAR

84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans.
NAR

REach® Technology Accelerator Named Among Best in Nation

REach®, the growth technology accelerator operated by the National Association of Realtors®’ strategic investment arm, Second Century Ventures, was recently named among the top 30 accelerators in the U.S. by the Seed Accelerator Rankings Project, or SARP.
NAR

Home Staging Decreases Time on the Market, Finds Realtors® Report

Sixty-two percent of sellers' agents say that staging a home decreases the amount of time a home spends on the market, according to the National Association of Realtors® 2017 Profile of Home Staging,
NAR

Pending Home Sales Tumble in May for Third Straight Month

The ongoing supply shortages that are propping up home prices in many metro areas caused pending home sales in May to slump for the third consecutive month, according to the National Association of Realtors®. None of the major regions saw an increase in contract activity last month
NAR

71 Percent of Homeowners Believe It’s a Good Time to Sell; Economic and Financial...

Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors® offer hope that the growing number of homeowners who think now is a good time to sell will eventually lead to more listings.
NAR

Bob Goldberg Named CEO of National Association of Realtors®

Bob Goldberg has been named CEO of the National Association of Realtors®. Goldberg currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions for NAR.
NAR

Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup

The House Financial Services Committee today concluded a markup (link is external) on multiple pieces of legislation to reauthorize and reform the National Flood Insurance Program. Following is a statement from National Association of Realtors ® President William E. Brown
NAR

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.
NAR

5 Root Causes for U.S.’s Depressed Homeownership Rate: New Study

Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages
NAR

Led By China, Foreign Investment in U.S. Commercial Real Estate on the Rise

One-fifth of surveyed Realtors® practicing in commercial real estate closed a sale with an international client in 2016, and as foreign investors flock to smaller-sized commercial properties in secondary and tertiary markets, many Realtors® are confident that increased sales and leasing activity will occur in 2017.
NAR

Realtor® Volunteering Works Program Announces 2017 Mentoring and Grant Recipients

REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the ninth annual Volunteering Works grants and mentoring program, which matches Realtors ® who work on small-scale charitable efforts with mentors and awards them grant money.
NAR

Pending Home Sales Scale Back 1.3 Percent in April

Pending home sales in April slumped for the second consecutive month and were down year-over-year nationally and in all four major regions, according to the National Association of Realtors®. Only the West saw an increase in contract signings last month
NAR

Foreign Buyers and Immigration Expected to Drive Future Demand for U.S. Housing

U.S. real estate markets are increasingly becoming international, and changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices. That’s according to speakers at an international real estate forum organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies session here at the 2017 REALTORS® Legislative Meetings & Trade Expo.
NAR

Realtors® Have a Positive Outlook for Commercial Markets in 2017

While challenges face commercial real estate markets, Realtors® specializing in the sector should have confidence that growth will continue. That’s according to speakers at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.
NAR

Tax Reform Could Deliver a Tax Hike for Homeowners: New Research

While tax reform proposals swirling around Washington, D.C., promise lower tax bills for American families, new estimates indicate that many middle-income homeowners may actually see a tax increase if those proposals go through
NAR

NAR Midyear Forecast: Existing-Home Sales Poised to Climb 3.5 Percent in 2017

The multi-year stretch of robust job gains along with improving household confidence are expected to guide existing-home sales to a decade high in 2017, but supply and affordability headwinds and modest economic growth are holding back sales and threatening to keep the nation’s low homeownership rate subdued.
NAR

Second Century Ventures adds Adwerx and immoviewer to 2017 REach® Accelerator Class

Two more innovative technology companies have been selected to join REach®, a growth technology accelerator program from the National Association of Realtors®' strategic investment arm, Second Century Ventures.
NAR

Regulations, Retention and Recruitment Pressing Issues for Appraisal Industry

Any perceived shortage of appraisers may be location specific and dependent on whom you ask, but there is universal agreement that more needs to be done to keep appraisers in the profession and attract new talent. That’s according to panelists yesterday at a property valuation forum at the 2017 REALTORS® Legislative Meetings & Trade Expo
NAR

REALTOR Benefits® Partner Placester Offers Free Websites to All Realtors®

Last year, Realtors® spent a median of $70 to maintain a website. To help reduce business costs, Placester(link is external), a real estate website and marketing platform, is extending its partnership with the National Association of Realtors® to bring a basic “NAR Edition” website to the association’s 1.2 million members at no charge.
NAR

HUD Secretary Carson Highlights Possible Improvements to Homeownership Programs

Potential homebuyers have a lot to contend with from tight credit and low inventory to rising prices. But for buyers who are able to muscle past these hurdles, Realtors® know that tough-to-make deals can still fall apart when needlessly high regulatory burdens get in the way.
NAR

Metro Home-Price Growth Heats Up 6.9 Percent in First Quarter

The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National Association of Realtors®. Metro home prices have now accelerated for three consecutive quarters.
NAR

5 Tips for Buyers in a Tight Housing Market

When inventory is low, home prices tend to go up. Attempting to purchase a house in this type of market can make the already complex process of buying a home even more overwhelming. To help buyers successfully get through the buying process in a tight inventory market with as little stress and difficulty as possible, the National Association of Realtors® has these five suggestions and an infographic: https://www.nar.realtor/infographics/5-tips-for-buying-in-a-tight-market.
NAR

Survey Reports 12 Percent Jump in REALTOR® Business Activity

After a slip in business in 2015, the National Association of Realtors® Member Profile found that the income and sales volume of Realtor® members increased in 2016. The median gross income of Realtors® increased 8 percent in 2016 as the typical member had the highest number of transactions in recent years.
NAR

Realtors® Support Pam Patenaude Nomination for HUD Deputy Secretary

The Trump administration today announced the nomination of Pam Patenaude as deputy secretary. Following is a statement from NAR President William E. Brown on the nomination

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