Statement from NAR President Elizabeth Mendenhall about IRS Clarification on HELOC Deductions
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 regarding the IRS announcement clarifying tax deductions taken on home equity loans, lines of credit or second mortgages
Fourth Quarter Home Prices Up 5.3 Percent; Nearly Two-Thirds of Markets at All-Time High
An uptick in existing-home sales in the final three months of 2017 pulled down housing inventory to an all-time low and kept home-price growth at its recent robust pace, according to the latest quarterly report by the National Association of REALTORS
Most Renters Want to Own a Home; Lifestyle Changes Are Top Motivation to Buy
Despite weakening optimism from non-homeowners at the end of last year that now is a good time to buy, an overwhelming majority said they do want to own a home in the future and believe homeownership is part of their American Dream.
Realtors Property Resource® Suspends AMP Program, Announces Multiyear Funding Cuts
The Realtors Property Resource®, a wholly owned subsidiary of the National Association of Realtors®, has suspended its Advanced Multi-List Platform, or AMP, project to reduce costs by several million dollars in 2018 and allow greater focus on its core initiatives. RPR will begin winding down AMP operations immediately.
REALTOR® Magazine Seeks Nominations for 2018 Good Neighbor Awards
Realtors®, members of the National Association of Realtors®, not only help people find the right place to live, they are also committed volunteers who give back to their communities. Seventy-one percent of Realtors® volunteered in their community last year, according to NAR’s 2017 Member Profile.
Existing-Home Sales Fade in December; 2017 Sales Up 1.1 Percent
Existing-home sales subsided in most of the country in December, but 2017 as a whole edged up 1.1 percent and ended up being the best year for sales in 11 years, according to the National Association of Realtors
National Association of Realtors® Announces Restructuring, Senior Management Team
The National Association of Realtors® has announced a new internal organizational structure and changes to its senior management team to more effectively and efficiently serve its 1.3 million Realtor® members. "This reorganization reflects the promise I made when I was named CEO last August to create better efficiencies in engaging with and serving the association's members," said NAR CEO Bob Goldberg.
REALTOR® Magazine Seeks Entries for 2018 Volunteering Works Mentoring Program
Realtors® are not only dedicated to serving home buyers and sellers, they also roll up their sleeves and volunteer in their communities to help others. In fact, the National Association of Realtors®’ 2017 Member Profile found that last year, seven out of 10 Realtors® volunteered in their community.
Pending Home Sales Inch Up 0.2 Percent in November
Pending home sales were mostly unmoved in November, but did squeak out a minor gain both on a monthly and annualized basis, according to the National Association of Realtors®. Heading into 2018, existing-home sales and price growth are forecast to slow, primarily because of the altered tax benefits of homeownership affecting some high-cost areas.
Existing-Home Sales Soar 5.6 Percent in November to Strongest Pace in Over a Decade
Existing-home sales surged for the third straight month in November and reached their strongest pace in almost 11 years, according to the National Association of Realtors®. All major regions except for the West saw a significant hike in sales activity last month.
Millennials and Silent Generation Drive Desire for Walkable Communities, Say Realtors®
It is no longer just millennials propelling interest in walkable communities. According to a new report from the National Association of Realtors®, members of the silent or greatest generation, those born before 1944, also prefer smaller homes in neighborhoods with easy walks to shops and restaurants.
HOME Survey: Housing and Economic Optimism Cools at Year’s End
Despite steady job creation, record stock market gains and faster economic growth in recent months, new consumer findings from the National Association of Realtors® surprisingly show that a smaller share of households believe that now is a good time to buy or sell a home.
Net Neutrality Rollback Put Consumers, Main Street Businesses on the Defensive in Digital Era
The Federal Communications Commission today announced a rollback of net neutrality rules, sparking a swift rebuke from the nation’s 1.3 million REALTORS®. “The internet as we know it today is a fair and open platform that puts everyone on a level playing field,” said National Association of REALTORS® President Elizabeth Mendenhall
Infographic: Homeowners Say Changing Homeownership’s Tax Incentives Restricts Mobility, Causes Financial Strain
An overwhelming majority of homeowners would take advantage of the mortgage interest deduction and state and local property tax deductions if they were to purchase a new home, and a notable share said that the proposed changes to these tax incentives would affect their budget and desire to move in the future
Experts Highlight Mix of Challenges, Bright Spots for Homeownership at Realtors®, S&P Global Joint...
While America’s homeownership rate continues to hover around a 50-year low, experts gathered at the National Association of Realtors® Washington, D.C. location today said there is a clear path to improving the landscape for homeownership.
Realtors®: Senate-Passed Tax Legislation Bad News for Homeowners
The U.S. Senate today passed tax reform legislation that the National Association of Realtors® believes puts home values at risk and dramatically undercuts the incentive to own a home.
Second Century Ventures Accepting Applications for 2018 REach® Accelerator Class
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, is now accepting applications for its 2018 REach® accelerator. Applications for the 2018 program will be accepted through January, 31 2018
Pending Home Sales Strengthen 3.5 Percent in October
Pending home sales rebounded strongly in October following three straight months of diminishing activity, but still continued their recent slide of falling behind year ago levels, according to the National Association of Realtors®. All major regions except for the West saw an increase in contract signings last month.
Existing-Home Sales Grow 2.0 Percent in October
Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month, according to the National Association of Realtors®
As House Passes Middle-Class Tax Increase, Realtors® Say Their Work is Just Getting Started
The House of Representatives today passed H.R. 1, the “Tax Cuts and Jobs Act,” a bill National Association of Realtors® President Elizabeth Mendenhall has called an all-out assault on homeownership.