Pending Home Sales Backpedal in November
Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers, according to the National Association of Realtors. Only the Northeast saw monthly and annual pending sales gains last month.
Existing-Home Sales Forge Ahead in November
A big surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors
Home Sales Expected to Expand Modestly in 2017 As Affordability Pressures Temper Buyer Enthusiasm
Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®.
2017 Realtor® Broker Summit to Feature Market Forecasts and Insights, Inspiring Keynotes
Real estate brokers understand the importance of learning best practices regarding management and entrepreneurial skills and gaining valuable real estate insights that can make their brokerages more successful. For this reason, the National Association of Realtors® is inviting brokers from across the country to attend the 2017 Realtor® Broker Summit in San Diego at the exclusive Fairmont Grand Del Mar resort.
Challenges and Opportunities for Homeownership Take Center State at National Association of Realtors®, S&P...
The homeownership rate in America continues to hover around a 50-year low, but experts gathered for an event in the Washington, D.C. offices of the National Association of Realtors® said today that there are real-world opportunities to turn that trend around.
National Association of Realtors® Congratulates Dr. Ben Carson, Nominee for Secretary of Housing and...
In response to the announcement of Dr. Ben Carson as President-Elect Donald J. Trump’s selection for Secretary of Housing and Urban Development, NAR President William E. Brown issued the following statement
Second Century Ventures Accepting Applications for 2017 REach Accelerator Class
Second Century Ventures, the National Association of Realtors®’ strategic investment arm, is accepting applications for its 2017 REach® accelerator class now through January 31, 2017
Pending Home Sales Crawl Forward in October
Pending home sales were mostly unchanged in October, but did squeak out a meager gain for the second consecutive month, according to the National Association of Realtors
Consumers and Realtors® Show Greater Interest in Smart Home Technologies, Certifications
As smart homes become more popular among consumers, buyers and sellers are showing greater interest in those homes and smart-home technologies and Realtors® in a certification to acknowledge their experience and expertise in those features
Existing-Home Sales Jump Again in October
Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October
Second Century Ventures Invests in Trust Stamp and Keeping Realtors® Safe
The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Trust Stamp, an identity authentication company that leverages artificial intelligence and blockchain technologies.
Just-Released FHA Report Shows Fresh Opportunity to Make Homeownership More Affordable
The Federal Housing Administration’s just released (link is external) actuarial report shows that the Mutual Mortgage Insurance Fund is on a steady financial trajectory, a finding the National Association of Realtors® believes is an opportunity to make FHA’s low-down-payment mortgage option available to an even broader swath of borrowers
NAR Installs 2017 Officers
Bill Brown, a second generation Realtor® from Alamo, California was installed today as 2017 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2016 REALTORS® Conference & Expo. Brown has been active in real estate for 36 years and is the founder of Investment Properties, a division of the family real estate business started by his father, William H. Brown, in 1964, which focuses on the sale of apartment buildings to both institutional and private capital investors.
NAR Presents Realtor® Pat Kaplan with Distinguished Service Award
Pat G. Kaplan, a Realtor® from Portland, Oregon has received the National Association of Realtors® 2016 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s more than 1.2 million members. Winners were recognized at the REALTORS® Conference & Expo in Orlando, Florida.
Realtors® Gather in Orlando Focused on Real Estate Opportunities Ahead
As the country heads into the final days of the general election, Realtors® are convening in Orlando, Florida for the 2016 REALTORS® Conference & Expo, themed "Educate. Innovate. Celebrate."
Housing Supply Crunch Accelerates Metro Home Price Growth during Third Quarter
Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including San Jose, California, which had a median single-family home price of $1 million for the second straight quarter.
First-time Buyers, Single Women Gain Traction in NAR’s 2016 Buyer and Seller Survey
The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women.
First-time Buyers Steer Existing-Home Sales Higher in September
Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.
Five Notable Nuggets from NAR’s Home Buyer and Sellers Survey’s 35-Year History
tional Association of Realtors®, mortgage rates were over four times higher than they are today and first-time buyers made up a much larger share of overall sales (44 percent). Over time, homebuyer tastes and behaviors have changed, yet many have stayed the same. In anticipation of the 2016 survey release on October 31, NAR has identified five noteworthy real estate trends since the survey’s inception.
New REALTOR® Benefits Partner Allows Members to Save on Financial Management Software
The National Association of Realtors®, through the REALTOR Benefits® Program, has partnered with Intuit, the global leader in financial management software products, to offer exclusive savings on Intuit's signature products QuickBooks® Self-Employed and TurboTax