Tag: RSS feed for Items tagged ‘news releases’

WASHINGTON (October 9, 2015) – 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.

“Commercial real estate plays a big role in supporting the national economy, contributing to job growth and the revitalization of communities,” said Yun. “For that work to continue, access to credit is critical. The SBA is important to facilitating liquidity in the marketplace, connecting small businesses with lenders and… Read More

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WASHINGTON (October 2, 2015) — 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:

“Realtors® across the country have worked hard to prepare for the TILA-RESPA Integrated Disclosure,… Read More

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WASHINGTON (September 30, 2015) — 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.

The 2015 Good Neighbor Award winners are Daniel L. Goodwin, The Inland Real Estate Group Inc.,… Read More

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WASHINGTON (September 28, 2015) — 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.

The Pending Home Sales Index,* a forward–looking indicator based on contract signings, decreased 1.4 percent to 109.4 in August from 110.9 in July but is still 6.1 percent above… Read More

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WASHINGTON (September 21, 2015) — 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.

Total existing–home sales¹, which are completed transactions that include single–family… Read More

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WASHINGTON (September 17, 2015) — Consumer Financial Protection Bureau Director Richard Cordray today joined National Association of Realtors® 2015 First Vice President-Elect Elizabeth Mendenhall to highlight the agency’s Know Before You Owe initiative in advance of upcoming changes to the mortgage closing process.

At the event, the CFPB rolled out a set of online tools to help consumers get better acquainted with what the Know Before You Owe initiative means for them. As part of this initiative, the Truth in… Read More

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WASHINGTON (September 17, 2015) — Even though more consumers are using the Internet as a tool during their home search, buyers are increasingly utilizing the knowledge and expertise of a real estate agent,  according to the National Association of Realtors®’ Real Estate in a Digital Age report.

“Consumers have the ability to do more home buying research online and be more connected during the home search process than ever before, but research proves they are still seeing the value a Realtor®… Read More

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WASHINGTON (September 10, 2015) – Today, 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 unmanned aircraft systems, or drones, their… Read More

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WASHINGTON (September 9, 2015) — 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®.

NAR measured the volume of new home construction relative to the number of newly employed workers in 146 metropolitan statistical areas¹ (MSAs) throughout the U.S. to determine whether… Read More

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WASHINGTON (August 27, 2015) — 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). The index has increased year-over-year for 11 consecutive months and is the third highest… Read More

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