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.
“Realtors® bring value to home buyers and sellers, and this weekend, Realtors® are bringing them together through the Realtor® Nationwide Open House,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “The event will give consumers the chance to find out more about home ownership, allow buyers to pursue their dream of owning a home, and give Realtors® an opportunity to connect with consumers about the housing issues that matter most in their area.”
During the weekend of June 4-5, Realtors® will hold open houses in local neighborhoods throughout the country, as well as across the globe. Over 300 Realtor® associations are participating in the event, along with NAR global partners in Canada, Denmark, France, Israel, Mexico, Norway, Peru, Philippines, Romania, Sweden, and the United Kingdom. During the weekend Realtors® will be on hand to provide guidance and insights into the social and financial benefits of home ownership.
According to a recent nationwide Pew Research Center survey, eight in 10 adults agree that buying a home is the best long-term investment a person can make. In addition, a strong majority of renters – 81 percent – said they would prefer to one day buy a home, demonstrating the value Americans continue to place on home ownership.
“There’s a reason owning a home is called the American Dream,” said Phipps. “Home ownership benefits individuals and families, strengthens our communities, and is integral to our nation’s economy. We hope that everyone who aspires to become a home owner will come out this weekend, not only to learn about the homes for sale in their local market, but also to find out more about how current and future public policies may affect their ability to achieve and sustain home ownership, now and in the future.”
To find open houses in your area, visit www.Realtor.com and search for open houses in the Realtor® Nationwide Open House Weekend box on the home page. The special search function will be available beginning June 3.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.
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Information about NAR is available at www.realtor.org. This and other news releases are posted in the News Media section.
Leanne Jernigan 202/383-1290