NAR Praises FHA’s Increased Stability
Washington, DC – November 17, 2010 – (RealEstateRama) — The latest independent audit of the Federal Housing Administration shows the agency’s financial condition has improved from last year, when it announced its capital reserve fund had fallen below the 2 percent level mandated by Congress. The annual audit shows that the capital ratio for the single-family portfolio rose from 0.42 percent to 0.79 percent over the past year.
Housing Market Recovery Depends on Jobs, Access to Credit, Says NAR
Washington, DC – November 17, 2010 – (RealEstateRama) — Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis.
Fundamentals Holding in Commercial Real Estate
WASHINGTON, March 12, 2008 – Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest COMMERCIAL REAL ESTATE OUTLOOK of the National Association of Realtors
Why Now is a Smart Time to Buy
Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.
The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring
Recognizing Inspection Red Flags
Practitioners can protect themselves against potential liability by learning how to pick out visible defects in new and older homes.
REALTORS® Reach More Consumers with New NAR Strategic Alliance
WASHINGTON, March 05, 2008 – The National Association of Realtors® has established a strategic alliance that will help Realtors® identify potential home buyers and sellers more efficiently. infoUSA Inc. joins NAR’s roster of REALTOR Benefits® partners as a leading provider of sales leads, mailing lists and database marketing tools.
REALTORS® Speak Out on Behalf of Housing Affordability for Veterans
WASHINGTON, February 28, 2008 – The National Association of Realtors® testified today in Congress that the Veterans Home Loan Guaranty Program should continue to be a valuable asset in helping the nation’s veterans achieve the dream of homeownership in a way that is safe, fair and affordable.
REALTOR® Magazine’s Good Neighbor Awards Opens Call For Entries
WASHINGTON, February 26, 2008 – Nominations are now open for the National Association of Realtors® ninth annual REALTOR® Magazine Good Neighbor Awards. The program recognizes Realtors® whose extraordinary commitment to volunteer work has helped make their community a better place to live.
Existing-Homes Sales Slip in January as Some Potential Buyers Wait on Sidelines
WASHINGTON, February 25, 2008 – Existing-home sales – including single-family, townhomes, condominiums and co-ops – slipped 0.4 percent to a seasonally adjusted annual rate(1) of 4.89 million units in January from an upwardly revised level of 4.91 million in December, and are 23.4 percent below the 6.44 million-unit pace in January 2007.
REALTORS Hope to Improve State of Minority Homeownership
WASHINGTON, February 25, 2008 – “Homeownership is part of the American dream,” said 2008 NAR President-elect Charles McMillan. “As the nation’s leading advocate for housing issues, NAR is committed to removing disparities in homeownership and making the face of homeownership in this country look more like America.”
Mastering Foreclosures
REO business awaits those who can juggle details and expectations for fast turnover while earning the trust of lenders.
Fourth Quarter Commercial Real Estate Index Eases
WASHINGTON, February 20, 2008 – The Commercial Leading Indicator for Brokerage Activity(1) slipped 0.4 percent to an index of 120.1 in the fourth quarter from a reading of 120.6 in the third quarter, but remains 0.1 above the fourth quarter of 2006 when it stood at 119.9.
NAR Pushes for Homeownership Protection for Older Americans
WASHINGTON, February 13, 2008 – The National Association of Realtors testified today that foreclosure rescue scams have caused major problems for many Americans and that older Americans and other vulnerable borrowers are frequently targets. NAR called for increased funding for programs that provide financial assistance, counseling and consumer education to borrowers to help them avoid foreclosures and foreclosure rescue scams.
Existing-Home Sales to Hold in Narrow Range, then Begin Upward Trend
WASHINGTON, February 07, 2008 – A continuation of soft market conditions is forecast for existing-home sales in the months ahead, with improvement expected by the second half of this year if loan limits are increased, according to the latest forecast by the National Association of Realtors
Fannie and Freddie Reform Will Significantly Impact Housing Market, Says NAR
WASHINGTON, February 07, 2008 – The National Association of Realtors today expressed ongoing support for legislative reform to Fannie Mae and Freddie Mac that would help stabilize the housing market and improve liquidity to the secondary nonconforming market. NAR stressed the importance of permanently increasing the loan limits as part of any reform package; that will help encourage healthier conditions in the housing market and strengthen the national GDP.
REALTORS®, Mayors Recognize Miami-Dade for Virtual Housing Center
WASHINGTON, February 01, 2008 – The National Association of Realtors® and the U.S. Conference of Mayors have named Miami-Dade County an Ambassador City for its Housing Central Web portal. The virtual one-stop housing center connects residents with affordable homes and rental units and provides valuable information and resources for area families.
REALTORS®, Mayors Recognize Miami-Dade for Virtual Housing Center
WASHINGTON, February 01, 2008 – The National Association of Realtors® and the U.S. Conference of Mayors have named Miami-Dade County an Ambassador City for its Housing Central Web portal. The virtual one-stop housing center connects residents with affordable homes and rental units and provides valuable information and resources for area families
NAR Says Economic Stimulus Legislation Will Help Jumpstart Sluggish Housing Market
WASHINGTON, January 29, 2008 – The National Association of Realtors congratulated the U.S. House of Representatives and President Bush for their bipartisan actions to help families in need, the housing market, and the U.S. economy.
2007 Existing-home Sales Fifth Highest
Existing-home sales declined in December following several months of stable activity, with total sales in 2007 still at the fifth highest on record, according to the NATIONAL ASSOCIATION OF REALTORS
Existing-home Sales Down in December but 2007 was Fifth Highest on Record
WASHINGTON, January 24, 2008 – Existing-home sales declined in December following several months of stable activity, with total sales in 2007 at the fifth highest on record, according to the National Association of Realtors