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RealEstateRama News
Commercial Real Estate Markets Show Steady, Moderate Growth
WASHINGTON, DC - August 26, 2013 - (RealEstateRama) -- Vacancy rates generally are tightening in commercial real estate sectors with modest rent growth, according to the National Association of Realtors® quarterly
Existing-Home Sales Spike in July
WASHINGTON - August 21, 2013 - (RealEstateRama) -- Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors®
REALTOR® University’s Center for Real Estate Research Signs Agreement with Asian Real Estate Association...
WASHINGTON, DC - August 12, 2013 - (RealEstateRama) -- REALTOR University’s Center for Real Estate Studies and the Asian Real Estate Association of America have formed a new research partnership aimed at examining how real estate impacts Asian immigrant populations
Home Prices Pick Up Steam in Most Metro Areas during Second Quarter
WASHINGTON, D.C. - August 8, 2013 - (RealEstateRama) -- Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the
Statement From NAR President Gary Thomas on President Obama’s Housing Finance Reform Speech
WASHINGTON, D.C. - August 7, 2013 - (RealEstateRama) -- “President Obama today outlined key principles of comprehensive housing finance reform during a speech in Phoenix. These principles closely mirror the outline presented by the National Association of Realtors® to the administration in early 2011. NAR believes these principles will contribute to the long-term stability of our nation’s housing market and provide consumers with access to affordable mortgage credit, even during economic downturns
Pending Home Sales Slip in June
WASHINGTON, DC - July 29, 2013 - (RealEstateRama) -- After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to the National Association of Realtor
Renters Thinking More about Owning a Home, Say Homeownership is a Top Priority
WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- Americans overwhelmingly believe owning a home is a good financial decision and a majority of renters say homeownership is one of their highest priorities for the future, according to a survey by the National Association of Realtors®. The 2013 National Housing Pulse Survey also found that renters are thinking more about purchasing a home now than in past years, while the number of people who say they prefer to rent has declined.
Realtors® Reaffirm Commitment to realtor.com®
CHICAGO, IL - July 25, 2013 - (RealEstateRama) -- The National Association of Realtors® Board of Directors today reaffirmed NAR’s commitment to making realtor.com® the first, best online destination for home buyers and sellers. The board voted in favor of recommendations to modify an existing operating agreement that will help the site compete more effectively in an evolving online marketplace.
June Existing-Home Sales Slip but Prices Continue to Roll at Double-Digit Rates
WASHINGTON, DC - July 22, 2013 - (RealEstateRama) -- Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases, according to the National Association of Realtors®.
NAR Survey of Generational Trends Shows Younger Buyers More Optimistic
WASHINGTON, DC - July 9, 2013 - (RealEstateRama) -- Millennials are more confident than any other age group that their recent home purchase was a good financial investment, according to a new study released today. The inaugural 2013 National Association of Realtors® Home Buyer and Seller Generational Trends evaluated the generational differences of recent home buyers and sellers and found that while eight out of 10 recent buyers considered their home purchase a good financial investment, the number was even higher, 85 percent, for younger buyers under the age of 32.
Real Estate Industry Urges EPA to Postpone Commercial Building Lead Hazard Rulemaking
WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- The Environmental Protection Agency must justify its efforts to apply new lead paint regulations to public and commercial properties, Realtor® Harold Huggins testified at a public hearing today on behalf of the National Association of Realtors® and its affiliates, the Institute for Real Estate Management and the CCIM Institute
Foreign Home Buyers Continue to Identify U.S. as Profitable Investment, Realtors® Report
WASHINGTON, D.C. - June 25, 2013 - (RealEstateRama) -- International home sales in the U.S. declined in the past year, but are at their second highest level in recent years and are over six percent of total existing-home sales in value. According to the National Association of Realtors
Existing-Home Sales Rise in May with Strong Price Increases
WASHINGTON, DC - June 20, 2013 - (RealEstateRama) - Existing-home sales improved in May and remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier, according to the National Association of Realtors
Realtors® Call for Legislative Changes to New Rules Limiting Affordable Borrowing Options
WASHINGTON, DC - June 18, 2013 - (RealEstateRama) -- Congress should consider redefining the new ability-to-repay requirements for Qualified Mortgages to avoid limiting affordable borrowing options for creditworthy buyers, said the National Association of Realtors
Pending Home Sales Edge Up in April
WASHINGTON, DC - May 30, 2013 - (RealEstateRama) -- Pending home sales improved slightly in April and continue to be well above a year ago, according to the National Association of Realtors®. Gains in the Northeast and Midwest were offset largely by declines in the West and South.
Commercial Real Estate Fundamentals Improving, Lending Tight for Small Business
WASHINGTON, DC - May 28, 2013 - (RealEstateRama) -- With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors
Realtors® Report Positive Trends in Commercial Market with Increases in Income, Transactions
WASHINGTON (May 23, 2013) – Realtors® who practice commercial real estate have reported an increase in annual gross income for the third year in a row, signaling the market is on the road to recovery. According to the National Association of Realtors® 2013 Commercial Member Profile, transactions and sales volume have also increased since last year.
April Existing-Home Sales Up but Constrained
WASHINGTON, D.C. - May 22, 2013 - (RealEstateRama) -- Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors®. All regions are showing strong price gains from a year ago.
Opportunities Abound in Housing Market but Challenges Remain
WASHINGTON, DC - May 20, 2013 - (RealEstateRama) -- The shape of homeownership and housing markets has changed dramatically over time and will continue to change in the face of new housing opportunities and challenges. That’s according to panelists at the “Challenges and Opportunities in Housing and Homeownership” session today during the Realtors® 2013 Midyear Legislative Meetings & Trade Expo here.
Realtors® Can Increase Their Value by Better Leveraging Technology, Says realtor.com®
WASHINGTON, D.C. - May 17, 2013 - (RealEstateRama) -- Technology plays a vital role in today’s society and is transforming the way Realtors® do business. That’s according to Curt Beardsley, vice president of product marketing for realtor.com®, who shared his perspective on the growing mobile technology environment at the “Industry, Technology and Vision” forum during the Realtors® Midyear Legislative Meetings & Trade Expo.