News
Property, Rentals, Transactions

“30 Under 30” Realtors® Embark on New Era of Real Estate

WASHINGTON, DC – May 15, 2013 – (RealEstateRama) — As the real estate market continues to show signs of improvement and consumers grow more optimistic, a young class of Realtors® is ready to embark on a new era of real estate. This year’s Realtor® Magazine “30 Under 30” honorees have not been deterred by a challenging and competitive market. Instead they have developed innovative and groundbreaking skills to create their own pathways to success.

Landscaping Can Impact Home Values, Appraisal Institute Says

CHICAGO, IL – May 15, 2013 – (RealEstateRama) — The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today advised homeowners to properly maintain their landscaping, which can significantly affect property values.

Tonight: Elected Officials and Tenants Call for Rent Control Reform

New York, NY – May 15, 2013 – (RealEstateRama) — This evening, Tenants & Neighbors and Goddard Riverside Community Center will be co-hosting a forum on ways to improve New York’s rent control laws. In attendance will be

Short Sale Approval and Valuation Issues Continue to Impact Housing Market

WASHINGTON, D.C. – May 15, 2013 – (RealEstateRama) — Both Fannie Mae and Freddie Mac have implemented policies to expedite the short sales process, including new resources to help determine property values, according to panelists at a property valuation forum during the

Housing and Tax Reform Top Issues Affecting Realtors®, Real Estate Industry

WASHINGTON, D.C. – May 14, 2013 – (RealEstateRama) — Experts applauded Realtors® for their commitment to keeping housing a top priority for the nation and staying engaged in the debate over future housing policies at today’s Legislative and Political Forum during the Realtors® 2013 Midyear Legislative Meetings & Trade Expo.

Realtors® Bring Public Policy Priorities to Capitol Hill

WASHINGTON, D.C. – May 14, 2013 – (RealEstateRama) — Realtors® from across the nation will be meeting with regulators, lawmakers and industry leaders in Washington this week to address critical real estate issues affecting individuals, communities, and the nation as the Realtors® Midyear Legislative Meetings & Trade Expo begins. More than 9,000 Realtors® and guests are expected to attend the meetings, which will run here through May 18.

NAR Member Survey Shows Realtor® Business and Income Continue to Improve

WASHINGTON, D.C. – May 14, 2013 – (RealEstateRama) — The business activity and income of Realtors® are up for the second year in a row following nine years of decline, according to the 2013 National Association of Realtors® Member Profile.

NeighborWorks America Announces that NeighborWorks Organizations Own and Manage More Than 100,000 Affordable Rental Homes

Washington, DC – May 14, 2013 – (RealEstateRama) — Today NeighborWorks America announced that the total number of affordable rental homes owned and managed by its members has surpassed the 100,000 mark – meeting the rental needs of nearly 200,000 low- and moderate- income people. NeighborWorks America leads one of the nation’s largest networks of community organizations working in rental housing and plays a leading role in providing safe, decent and affordable rental homes, which provide a foundation for every community. The NeighborWorks America network consists of more than 235 nonprofits, located in every state, the District of Columbia and Puerto Rico

Metro Area Home Price Growth Trend Continues in First Quarter

WASHINGTON, D.C. – May 9, 2013 – (RealEstateRama) — 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.

Multifamily Industry Launches New “Apartments. We Live Here.” Campaign

WASHINGTON, D.C. – May 7, 2013 – (RealEstateRama) — The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) today unveiled a new integrated campaign titled “Apartments. We Live Here.” The campaign tells the story about how in communities across the country, apartments work—helping people live in a home that’s right for them. Whether it’s young professionals starting out, empty nesters looking to downsize and simplify, workers wanting to live near their jobs, married couples without children or families building a better life, apartment homes provide a sensible choice to meet their specific housing needs

March Pending Home Sales Improve but Overall Pace Leveling

WASHINGTON, DC – April 29, 2013 – (RealEstateRama) — 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

Realtors® Urge Preserving of Homeownership Tax Policies

WASHINGTON, DC – April 26, 2013 – (RealEstateRama) — As Congress pursues comprehensive tax reform it should focus on doing no harm to housing and America’s 75 million homeowners by maintaining current tax laws for homeownership and real estate investment, the National Association of Realtors® said in testimony today.

Senate, Treasury and DOJ Officials to Discuss Tax, Real Property, Estate Planning at ABA Conference in D.C.

WASHINGTON, D.C. – April 25, 2013 – (RealEstateRama) — Legal experts, including representatives from the U.S. Senate Finance Committee, U.S. Department of the Treasury and the Internal Revenue Service, will discuss tax, real property and estate planning issues related to high wealth industry groups, same-sex spouse beneficiaries and confiscated property at the 24

Realtor® Volunteering Works Program Announces 2013 Mentoring and Grants Recipients

WASHINGTON, D.C. – April 23, 2013 – (RealEstateRama) — REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the fifth annual Volunteering Works program, which matches Realtors® who work on small-scale charitable efforts with mentors and awards them grant money.

FHFA House Price Index Up 0.7 Percent in February

Washington, DC – April 23, 2013 – (RealEstateRama) — U.S. house prices rose 0.7 percent on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). For the 12 months ending in February, U.S. house prices rose 7.1 percent.

Ramp Up Curb Appeal with Gardening Ideas from HouseLogic.com

WASHINGTON, D.C. – April 22, 2013 – (RealEstateRama) — Flowers, trees, shrubbery, oh my! Spring is underway and for many it’s time to get outdoors and reconnect with nature. Gardening enthusiasts who want to deepen the shade of their green thumb can find helpful information and how-tos just a click away at the Landscaping and Gardening section of HouseLogic.com, the award-winning, comprehensive website for homeowners from the National Association of Realtors®.

March Existing-Home Sales Slip Due to Limited Inventory, Prices Maintain Uptrend

WASHINGTON, DC – April 22, 2013 – (RealEstateRama) — Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, according to the National Association of Realtors

Buyers, Sellers and Realtors® Get Ready for Nationwide Open House Weekend

WASHINGTON, DC – April 19, 2013 – (RealEstateRama) — Despite the digital age, open houses have remained one of the top resources for buyers when it comes to their home search process. This weekend buyers can get a jump on the spring buying season by visiting open houses in their area during Realtor® Nationwide Open House Weekend, organized by state and local Realtor® associations across the country. This Saturday and Sunday, April 20–21, Realtors® will host thousands of open houses, helping to successfully bring together home buyers and sellers.

Austin-area home sales up 16 percent in March, spent 26 percent less time on market

AUSTIN, TX – April 18, 2013 – (RealEstateRama) — According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), the volume of Austin-area home sales continues to rise as March became the 22nd straight month of sales volume increases—the most home sales in March since 2007

Housing Starts Rise on Strength in Multifamily in March

WASHINGTON, D.C. – April 16, 2013 – (RealEstateRama) — Soaring production of multifamily apartments pushed nationwide housing starts beyond the million-unit mark for the first time since 2008 in March, according to newly released figures from HUD and the U.S. Census Bureau. The data show that total starts activity rose 7.0 percent for the month due entirely to a 31.1 percent increase on the multifamily side, while single-family production slipped 4.8 percent from a number that was revised strongly upward for the previous month