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Realtors® Urge Regulators to Reconsider Narrow QRM Definition

Washington, DC - June 22, 2011 - (RealEstateRama) -- The National Association of Realtors® is urging regulators to go back to the drawing board on the proposed Qualified Residential Mortgage rule.

Existing-Home Sales Decline in May with Market Constraints, Temporary Conditions

Washington, DC - June 21, 2011 - (RealEstateRama) -- Existing-home sales were down in May as temporary factors and financing problems weighed on the market, according to the National Association of Realtors

Realtors® Support Legislation for Comprehensive GSE Reform

Washington, DC - June 8, 2011 - (RealEstateRama) -- The National Association of Realtors® supports comprehensive reform of America’s housing finance market that protects taxpayers and ensures the availability of affordable mortgage credit today and into the future.

Realtor® Nationwide Open House Weekend Opens Doors to Home Ownership

Washington, DC - June 2, 2011 - (RealEstateRama) -- Nearly half of all home buyers visit open houses during their home search. This weekend, those numbers may swell as buyers across the country take advantage of the Realtor® Nationwide Open House, June 4-5.

Realtor® Volunteering Works Program Announces 2011 Winners

Chicago, IL - June 2, 2011 - (RealEstateRama) -- REALTOR® Magazine’s Good Neighbor Society has announced the recipients of the third annual Volunteering Works program, which matches Realtors® who work on small-scale charitable efforts with mentors and awards them grant money.

NAR Grants Help Make Home Ownership an Affordable Opportunity

Washington, DC - May 31, 2011 - (RealEstateRama) -- Seventeen local and state Realtor® associations have been awarded over $60,000 through the Housing Opportunity Program Grants, a National Association of Realtors® grant program. The funds will be used by the associations to promote and expand affordable housing opportunities in their communities.

April Pending Home Sales Drop After Two Monthly Gains

Washington, DC - May 27, 2011 - (RealEstateRama) -- Pending home sales fell in April with regional variations following increases in February and March, with unusual weather and economic softness adding to ongoing problems that are hobbling a recovery, according to the National Association of Realtors®.

Realtors® Continue to Push Congress for Comprehensive GSE Strategy

Washington, DC - May 26, 2011 - (RealEstateRama) -- The National Association of Realtors® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times.

Realtors® Advocate Higher Loan Limits and Low Down Payment for FHA

Washington, DC - May 25, 2011 - (RealEstateRama) -- The Federal Housing Administration plays a critical role in the nation’s housing financing system, providing safe, affordable mortgage financing to consumers in all markets during all economic conditions, the National Association of Realtors® said in testimony today

Commercial Real Estate Markets Stabilizing, Demand Growing

Washington, DC - May 24, 2011 - (RealEstateRama) -- The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®

“30 Under 30” Realtors® Grounded in Present, Look to the Future

Washington, DC - May 23, 2011 - (RealEstateRama) -- REALTOR® Magazine’s 2011 “30 Under 30” honorees exemplify the personal drive many Realtors® have to be the best and provide a high level of service to their clients, despite tough market conditions and a constantly evolving industry.

April Existing-Home Sales Ease

Washington, DC - May 19, 2011 - (RealEstateRama) -- Existing-home sales slipped in April, although the market has managed six gains in the past nine months, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, eased 0.8 percent to a seasonally adjusted annual rate of 5.05 million in April from a downwardly revised 5.09 million in March, and are 12.9 percent below a 5.80 million pace in April 2010; sales surged in April and May of 2010 in response to the home buyer tax credit.

Foreign Buyers Recognize Value of Home Ownership in U.S.

Washington, DC - May 18, 2011 - (RealEstateRama) -- The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years.

NAR Member Survey Shows Focus on Training, Commitment to Profession

Washington, DC - May 17, 2011 - (RealEstateRama) -- Realtors® have been focusing more on training to help them better meet the needs of clients in a housing market with unique challenges, according to the 2011 National Association of Realtors® Member Profile.

New NAR Benefits Partner Improves Realtor®-Client Communications

Washington, DC - May 17, 2011 - (RealEstateRama) -- As Realtors® and their clients becoming increasingly more mobile, Realtors® must ensure that buyers and sellers can reach them at a moment’s notice. Ifbyphone, a voice-based marketing automation platform, provides a solution that enhances voice transactions and is now available to members of the National Association of Realtors® through the REALTOR Benefits® Program.

Minority Homeownership Award Winners Help Others Realize, Sustain American Dream

WASHINGTON, DC - May 16, 2011 - (RealEstateRama) -- While the past few years have been challenging for many, owning a home continues to be a goal for Americans of every background, according to John D. Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development.

New Realtor® Certification Helps Members Grow Business

WASHINGTON, DC - May 13, 2011 - (RealEstateRama) -- With the changing real estate landscape and the increased use of broker price opinions (BPOs) by market participants, the National Association of Realtors® has launched a new certification, BPO Resource, recognizing Realtors® who have completed NAR’s new BPO education program. The new certification course was offered here during the Realtors® Midyear Legislative Meetings & Trade Expo.

NAR Expands Home Ownership Through Diversity Initiative Grants

Washington, DC - May 13, 2011 - (RealEstateRama) -- The National Association of Realtors® has awarded four state and local Realtor® associations with $15,000 through its Diversity Initiative Grants Program. Award recipients were announced at the Realtors® Midyear Legislative Meetings & Trade Expo in Washington, D.C., this week.

NAR Chief Economist Sees Sluggish but Improving Commercial Outlook

Washington, DC - May 13, 2011 - (RealEstateRama) -- The commercial real estate market continues a slow pace toward recovery with occupancy rates rising in the office and industrial properties in most major cities across the U.S. supported by rising employment and restocking of wholesale inventory, according to National Association of Realtors® Chief Economist Lawrence Yun. At the “Economics Issues and Commercial Business Trends Forum,” Yun identified bright spots and challenges within the commercial sector.

Realtors® Urge Regulators to Rethink Mortgage Requirements

Washington, DC - May 12, 2011 - (RealEstateRama) -- A proposed rule to define qualified residential mortgages (QRM) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) would unnecessarily restrict access to home ownership. Realtors® at the Real Estate Services Forum – The Impact of Dodd-Frank on Real Estate session today during the Realtors® Midyear Legislative Meetings & Trade Expo gained insights into the implications of a narrowly defined QRM.

Recent NAR Press Releases

NAR

Pending Home Sales Ascended 3.4% in March

Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South

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