WASHINGTON (October 27, 2016) — The National Association of Realtors® and Ulta Beauty are pleased to announce a new 10-year tenant partnership to bring Ulta Beauty’s retail store to the Realtor® Building at 430 North Michigan Avenue. Ulta Beauty is the largest national beauty retailer with more than 900 store locations across the U.S. featuring cosmetics, fragrance, skin and hair care products and salon services.
The 11,500-square-foot store on North Michigan Avenue is just steps from Chicago... Read More
WASHINGTON (October 27, 2016) — Pending home sales shifted higher in September following August's notable dip and are now at their fifth highest level over the past year, according to the National Association of Realtors®. Increases in the South and West outgained declines in the Northeast and Midwest.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, grew 1.5 percent to 110.0 in September from a slight downward revision of 108.4 in August. With last month's gain, the index is... Read More
WASHINGTON (October 20, 2016) — Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, hiked 3... Read More
WASHINGTON (October 18, 2016) – When the first Profile of Home Buyers and Sellers was introduced 35 years ago by the National Association of Realtors®, mortgage rates were over four times higher than they are today and first-time buyers made up a much larger share of overall sales (44 percent). Over time, homebuyer tastes and behaviors have changed, yet many have stayed the same. In anticipation of the 2016 survey release on October 31, NAR has identified five noteworthy real estate trends since the survey’s inception.
WASHINGTON (October 13, 2016) — The National Association of Realtors®, through the REALTOR Benefits® Program, has partnered with Intuit, the global leader in financial management software products, to offer exclusive savings on Intuit's signature products QuickBooks® Self-Employed and TurboTax®.
"The addition of Intuit to the REALTOR Benefits® Program allows NAR to provide our members with access and discounts to world class financial management software products that are well-suited to... Read More
WASHINGTON (October 5, 2016) — Realtors® raised concerns earlier this year when the Federal Housing Administration’s “Single Family Housing Policy Handbook” included new requirements for appraisers to operate and physically observe appliances on a property during the completion of an appraisal. This inspector-type role far exceeded previously understood appraiser duties and... Read More
WASHINGTON (September 29, 2016) — After bouncing back in July, pending home sales cooled in August for the third time in four months and to their lowest level since January, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.4 percent to 108.5 in August from a downwardly revised 111.2 in July and is now slightly lower (0.2 percent) than August 2015 (108.7). With last month's decline, the index is now at its second lowest reading... Read More
WASHINGTON (September 28, 2016) — Over the last 17 years, the Good Neighbor Awards have recognized Realtors® who dedicate countless volunteer hours to help others. The five individuals named as this year's REALTOR® Magazine Good Neighbor Award winners serve as an example of how Realtors® build and strengthen communities.
The 2016 Good Neighbor Award winners are: Cindy Barrett, Keller Williams Realty, Spartanburg, South Carolina, co-founder of Christmas In Action; Susan Gruen Helsinger, Douglas Elliman... Read More
WASHINGTON (September 27, 2016) – When H.R. 3700, the “Housing Opportunity Through Modernization Act,” was signed into law earlier this year, the Department of Housing and Urban Development was given notice that they had 90 days to weigh in on regulations related to Federal Housing Administration financing for condominiums before changes automatically went into effect. These included... Read More
WASHINGTON (September 27, 2016) — Homeowners looking to tackle a remodeling project should head outside, according to a new report from the National Association of Realtors® and National Association of Landscape Professionals. The 2016 Remodeling Impact Report: Outdoor Features shows that not only can outdoor remodeling projects add value to a home on resale, but they can also bring advantages to homeowners planning to stay in their homes in the form of increased happiness. ... Read More