News
RealEstateRama News
SBA Administrator Contreras-Sweet, Realtors® Chief Economist Yun Put Commercial Lending in Focus
U.S. Small Business Administrator Maria Contreras-Sweet today joined National Association of Realtors® Chief Economist Lawrence Yun at an event highlighting small business issues and commercial real estate.
NAR President Chris Polychron on Know Before You Owe: “The Hard Work Continues”
The following is a statement by National Association of Realtors® President Chris Polychron in advance of the Consumer Financial Protection Bureau's Know Before You Owe TILA-RESPA Integrated Disclosure, or TRID, going into effect tomorrow, October 3
2015 Realtor® Good Neighbor Award Winners Bring Positive Change to Communities
Over the last 16 years, the Good Neighbor Awards have recognized Realtors® from across the nation who dedicate countless volunteer hours to improve the lives and wellbeing of their neighbors. The five individuals named as this year's REALTOR® Magazine Good Neighbor Award winners embody this incredible commitment to helping those around them and serve as an example of how Realtors® build and strengthen communities.
Pending Home Sales Retreat Again in August but Remain at Healthy Level
Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for 12 consecutive months, according to the National Association of Realtors®. A modest increase in the West was offset by declines in all other regions.
Existing-Home Sales Stall in August, Prices Moderate
Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August
Existing-Home Sales Stall in August, Prices Moderate
Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.
NAR President Testifies Before House Judiciary Subcommittee in Support of Responsible Commercial Drone Use
National Association of Realtors® President Chris Polychron testified before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet at a hearing entitled “Unmanned Aerial Vehicles: Commercial Applications and Public Policy Implications.” NAR testified on the growing interest in the use of drones, their commercial application in the real estate industry, and Realtor® perspectives on legislative and regulatory efforts to advance safe drone use in the commercial space
NAR Study: New Home Construction Trailing Job Growth in Majority of Metro Areas
Despite positive improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent housing shortages and unhealthy price growth in many markets, according to new research from the National Association of Realtors
Pending Home Sales Inch Forward in July
Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, marginally increased 0.5 percent to 110.9 in July from an upwardly revised 110.4 in June and is now 7.4 percent above July 2014 (103.3).
NAR Good Neighbor Award Finalists Honored for Their Commitment to Good Works, Volunteering
The National Association of Realtors® has selected 10 individuals as finalists for REALTOR® Magazine’s 2015 Good Neighbor Awards. This award honors Realtors® who volunteer in their communities, improve the quality of life for their neighbors and go above and beyond in their commitment to making their neighborhoods better places to live.
Existing-Home Sales Maintain Solid Growth in July
Existing-home sales steadily increased for the third consecutive month in July, while stubbornly low inventory levels and rising prices are likely to blame for sales to first-time buyers falling to their lowest share since January, according to the National Association of Realtors
Home Prices Rise in Nearly All Metro Areas in Second Quarter
A promising climb in home sales throughout the country amidst insufficient supply caused home prices to steadily rise in most metro areas during the second quarter, according to the latest quarterly report by the National Association of Realtors
NAR Names Arnold Worldwide Agency of Record
The National Association of Realtors®, America's largest trade association, representing more than 1 million members involved in all aspects of the residential and commercial real estate industries, has appointed global creative agency Arnold Worldwide as agency of record, effective immediately. As AOR, Arnold will lead the association’s integrated marketing efforts including strategy, creative, digital and brand activation.
Real Estate Firms Remain Confident About Future Profitability, NAR Study Shows
Real estate firms are confident in the industry’s future growth and their increasing profitability, according to the 2015 National Association of Realtors® Profile of Real Estate Firms.“A majority of firms have a positive view of the future, with 95 percent of all firms expecting their net income to either increase or stay the same in the next year,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark.
Pending Home Sales Dip in June
After five consecutive months of increases, pending home sales slipped in June but remained near May's level, which was the highest in over nine years, according to the National Association of Realtors®. Modest gains in the Northeast and West were offset by larger declines in the Midwest and South.
Millennials Favor Walkable Communities, Says New NAR Poll
Millennials prefer walking over driving by a substantially wider margin than any other generation, according to a new poll conducted by the National Association of Realtors® and the Transportation Research and Education Center at Portland State University
Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak
Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.
Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak
Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.
NAR Survey finds Like-Kind Exchanges Promote Job, Economic Growth
Real estate like-kind exchanges are an important vehicle for disposing of and acquiring properties and support the nation's financial growth, job creation and economy, according to a new report from the National Association of Realtors
Pending Home Sales Maintain Momentum in May
Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. Gains in the Northeast and West were offset by small decreases in the Midwest and South.