News

Washington, DC - December 1, 2010 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Ron Phipps. “As the leading advocate for housing and home ownership issues, NAR firmly believes that the mortgage interest deduction (MID) is vital to the stability of the American housing market and economy.

Washington, DC - November 29, 2010 - (RealEstateRama) -- Commercial real estate markets are flattening out, with modestly improving fundamentals expected in 2011, according to the National Association of Realtors

Washington, DC - November 25, 2010 - (RealEstateRama) -- As the holiday season approaches, the National Association of REALTORS® is giving thanks to American troops. NAR will provide care packages and housing assistance to support soldiers and their families here in the U.S. and abroad. Two national charities will receive support from NAR – Operation American Soldier and USA Cares.

Washington, DC - November 23, 2010 - (RealEstateRama) -- Existing-home sales retreated in October on the heels of two strong monthly gains, according to the National Association of REALTORS

Washington, DC- November 22, 2010 - (RealEstateRama) -- Identity theft is becoming one of the fastest growing crimes in America, and the National Association of Realtors® is committed to helping members keep their identities safe. Toward that end, the IdentitySecure Program for Realtors® is now available through NAR’s REALTOR Benefits® Program in partnership with Affinion Benefits Group, LLC.

Washington, DC - November 19, 2010 - (RealEstateRama) -- The National Association of REALTORS® announced today that Realtor.com, NAR’s official website, will be going global, extending its lead as the world’s largest online source of residential property listings.

Washington, DC - November 18, 2010 - (RealEstateRama) -- The Housing Opportunity Fund, a National Association of REALTORS® grant program, has presented $50,000 to 15 local and state REALTOR® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities.

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.

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.

Many salespeople are overlooking fast-growing demographic groups containing large swaths of underserved consumers, says Frances Martinez Myers, senior vice president of business development at Prudential Fox & Roach.