Realtors® View Technology as Increasingly Valuable for Business, Competition
As technology continues to transform and modernize the real estate industry, Realtors®, members of the National Association of Realtors®, are focused on adapting to and remaining at the forefront of this change. Last month, NAR kicked-off the inaugural Innovation, Opportunity & Investment Summit in San Francisco, where Realtors® joined real estate technology companies and the investment community to discuss evolutions in real estate technology and strategies for Realtors® to keep up with these trends.
Realtors® Demonstrate Commitment to Fair Housing at Congressional Black Caucus Event
The 50th anniversary of the Fair Housing Act, declining African-American homeownership, gentrification, and creative solutions were top of mind for many of the 10,000 people attending
Realtors® Help Families Navigate Back-to-School Home Shopping
Buying and moving into a new home is already a complicated process, but moving with children adds an entirely different set of requirements and stresses. The National Association of Realtors®' 2018 Moving with Kids report
Pending Home Sales Trail Off 0.7 Percent in July
Pending home sales stepped back in July and have now fallen on an annual basis for seven straight months, according to the National Association of Realtors®. The Pending Home Sales Index, * www.nar.realtor/pending-home-sales , a forward-looking indicator based on contract signings,
Realtors® Chief Economist Reflects on Past Recession, What’s Ahead for Housing
American financial and lending systems look vastly different nearly a decade after the defining moments of the Great Recession, thanks in part to safe and sound lending and regulatory policy reforms, strongly supported by the National Association of Realtors®.
Existing-Home Sales Slip 0.7 Percent in July
The median existing-home price2 for all housing types in July was $269,600, up 4.5 percent from July 2017 ($258,100). July’s price increase marks the 77th straight month of year-over-year gains
Metro Home Prices Climb to New All-Time High; Rise 5.3 Percent in Second Quarter
Amidst staggeringly low inventory levels in much of the country during the second quarter, existing-homes sales cooled and home prices maintained their robust level of appreciation, according to the latest quarterly report by the National Association of Realtors®.
Realtors® See Strong International Activity, Organize Global Real Estate Conference
Realtors®, members of the National Association of Realtors®, will travel to Hanoi, Vietnam to join experts in the real estate industry from all over the world to learn, share, connect and transact during the 2018 International Real Estate Conference (link is external).
Pending Home Sales Reverse Course, Rise 0.9 Percent in June
Pending home sales increased in all four major regions in June, but overall activity lagged year ago levels for the sixth straight month, according to the National Association of Realtors
International Activity in U.S. Residential Real Estate Market Declines, According to Realtor® Survey
Rising home prices and low inventory led to a decline in foreign home purchases in the United States. Total international sales totaled $121 billion during April 2017 to March 2018, a 21 percent decline from the previous 12-month period, according to an annual survey from the National Association of Realtors
Existing-Home Sales Subside 0.6 Percent in June
Existing-home sales decreased for the third straight month in June, as declines in the South and West exceeded sales gains in the Northeast and Midwest, according to the National Association of Realtors®. The ongoing supply and demand imbalance helped push June’s median sales price to a new all-time high.
National Association of Realtors® Applauds Introduction of 21st Century Internet Act
The National Association of Realtors® commends Rep. Mike Coffman for his introduction of the 21st Century Internet Act. Rep. Coffman’s bill comes in response to the Federal Communications Commission’s 2017 decision to dismantle net neutrality regulations, with the legislation ensuring that Internet Service Providers, or ISPs, cannot block or throttle online content or services.
Foreign Investment in U.S. Commercial Real Estate Remains Strong, China and Mexico Top Investors
Nearly one-fifth of Realtors® practicing in commercial real estate closed a sale with an international client in 2017, and 35 percent said they have experienced an increase in the number of international clients in the past five years, according to a report from the National Association of Realtors
National Association of Realtors® Event Examines State of Fannie, Freddie Reform
With America’s homeownership rate struggling to match falling unemployment and increasing consumer confidence, protecting the benefits of the secondary mortgage market remains critical to the health of the overall housing industry.
Realtors® Commend Supreme Court Decision Promoting Fairness Between Online, Main Street Businesses
The Supreme Court today announced its decision in the case of South Dakota v. Wayfair, Inc., holding that states have the right to require online sellers to collect and remit sales tax.
HOME Survey: Housing and Economic Outlook Remains Steady in Second Quarter of 2018
New findings from the National Association of Realtors® show that a high number of Americans, 75 percent, believe that now is a good time to sell a house, while 68 percent think it is a good time to buy. That’s according to NAR’s second quarter Housing Opportunities and Market Experience (HOME) survey
Existing-Home Sales Backpedal, Decrease 0.4 Percent in May
Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 0.4 percent to a seasonally adjusted annual rate of 5.43 million in May from downwardly revised 5.45 million in April
NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans
The U.S Department of Labor today finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, the current source of coverage for roughly 40 percent of Realtors
Realtors® Celebrate National Homeownership Month in June
In recognition of National Homeownership Month in June, National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty issued the following statement
Pending Home Sales Lose Steam in April, Decline 1.3 Percent
After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the National Association of Realtors®. All major regions saw no gain in contract activity last month.