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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

Second Century Ventures® Announces 2016 REach® Accelerator Class

The National Association of Realtors®’ strategic investment fund, Second Century Ventures, today announced the seven companies chosen to be part of the fourth class of NAR REach®, a vertical tech accelerator helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused on providing these early- to mid-stage companies access to the expertise, influence and key relationships NAR provides, as they are launched into the trillion dollar real estate space

Realtors® Give Homebuyers Leg Up in Competitive Spring Market

With demand exceeding supply in markets across the U.S., homebuyers may be facing an uphill battle to find the perfect home this spring. Total housing inventory at the end of February was 1.88 million existing homes available for sale, 1.1 percent lower than last year and at a 4.4 month supply at the current sales pace, which is below the roughly six month supply level needed for a balanced market between buyers and sellers.

Vacation Home Sales Retreat, Investment Sales Leap in 2015

Vacation home sales cooled off in 2015 but remained at the second highest amount in nearly a decade, while investment purchases increased for the first time in five years, according to an annual survey of residential homebuyers released today by the National Association of Realtors®. Mirroring the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged in 2015.

Pending Home Sales Move Forward in February

Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of Realtors®. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity in February

Rapattoni Announces Integration With RPR Advanced Multi-List Platform™ (AMP™)

Rapattoni Corporation and Realtors Property Resource® (RPR®) have jointly announced that Rapattoni customers may be among the first real estate professionals with instant access to live listing data and other MLS resources through RPR's Advanced Multi-List Platform™ (AMP™).

Existing-Home Sales Fizzle in February

After increasing to the highest annual rate in six months, existing-home sales tumbled in February amidst unshakably low supply levels and steadfast price growth in several sections of the country, according to the National Association of Realtors®. Led by the Northeast and Midwest, all four major regions experienced sales declines in February.

NAR HOME Survey Underscores Need for More Single-family Home Construction

Over three-quarters of surveyed households would purchase a single-family home if they were to buy in the next six months, and 79 percent of renters would choose to buy outside of an urban area, according to the second installment of the National Association of Realtors® new quarterly consumer survey. The survey also found that confidence about now being a good time to buy is waning amongst renters, particularly in the West – where prices have solidly risen.

National Association of Realtors® Team Creates Winning Data Visualization Project for Hackathon

The National Association of Realtors®’ Center for Realtor® Technology recently participated in Koding Inc.’s 2016 global virtual hackathon and took second place out of more than a thousand teams.

NAR Generational Survey: Millennials Increasingly Buying in Suburban Areas

IA growing share of homebuyers are millennials, and more of them are purchasing single-family homes outside of urban areas, according to the2016 National Association of Realtors® Home Buyer and Seller Generational Trendsstudy, which evaluates the generational differences1 of recent home buyers and sellers. The survey additionally found that although student loan debt is more prevalent among millennial buyers, they aren’t the generation with the largest student debt balances.

REALTOR® University Receives Accreditation

Realtor® University, the only advanced online education institution centered exclusively on real estate, has received accreditation from the Distance Education Accrediting Commission, or DEAC, an organization recognized by the Council for Higher Education Accreditation and the U.S. Department of Education.

Pending Home Sales Cool Down in January

Following the highest average year for the index in nearly a decade1, pending home sales declined to begin 2016 but remained slightly higher than a year ago, according to the National Association of Realtors®. Only the South saw an uptick in contract activity in January.

Existing-Home Sales Inch Forward in January, Price Growth Accelerates

Existing-home sales crept forward in January to the highest annual rate in six months, and subpar supply levels propelled price growth to the fastest increase since last April, according to the National Association of Realtors®. The West was the only region to see a decline in sales in January.

REALTORS® Advocate Homeownership Opportunities for Veterans on Capitol Hill

The National Association of Realtors® strongly supports the Veterans Affairs Department’s Home Loan Guaranty Program and Specially Adapted Housing Grants and looks forward to working with the VA on further initiatives to ensure homeownership remains in reach for America’s veterans

Commercial Real Estate Experts: Moderate Expansion, Easing Prices Expected in 2016

Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estate Research Corporation (RERC)

Realtors® Applaud House Passage of “Housing Opportunity Through Modernization Act”

The U.S. House of Representatives voted today to advance legislation that will expand opportunities for homeownership. H.R. 3700, the "Housing Opportunity Through Modernization Act," includes a number of initiatives that have strong support from the National Association of Realtors®, who hailed the vote as important progress for home buyers and sellers.

REALTOR® Magazine Seeks Entries for 2016 Volunteering Works Program

Realtors® not only help their clients achieve the American Dream by helping them buy and sell their homes, they also volunteer countless hours to help improve and develop their communities. For eight years, REALTOR® Magazine's Good Neighbor Society has helped Realtors® extend and enhance their charitable work through the Volunteering Works grant and mentoring program. The program, which assigns mentors to Realtors® who want to increase and expand their community service outreach, is now seeking entries.

Existing-Home Sales Surge Back in December

Existing-home sales snapped back solidly in December as more buyers reached the market before the end of the year, and the delayed closings resulting from the rollout of the Know Before You Owe initiative pushed a portion of November's would-be transactions into last month's figure, according to the

NAR Tech Edge Ensures REALTORS® Stay Informed of the Latest Tech Tools

Technology has reinvented the way Realtors® conduct real estate transactions and connect with clients, and staying up-to-date on new and emerging technologies is an essential part of the real estate profession. To help Realtors® stay abreast of latest mobile and online technologies, the National Association of Realtors® is continuing its one-day technology conference series, NAR Tech Edge.

New Vision Insurance and Telemedicine Program Available to Realtors

National Association of Realtors® members now have access to two new offerings through the Realtors® Insurance Marketplace; members now have access to Realtors® Vision Insurance plans and Members TeleHealth, a telemedicine service plan

NAR Offers New Pricing Strategies Certification, Launches Center for REALTOR® Development

To capitalize on growing demand for expert property assessment and increased interest in online learning courses, the National Association of Realtors® is now offering a Pricing Strategies Advisor certification available entirely online through the new Center for Realtor® Development

Recent NAR Press Releases

NAR

Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase in a...

Existing-home sales climbed in February, according to the National Association of REALTORS®. Among the four major U.S. regions, sales jumped in the West, South and Midwest, and were

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