WASHINGTON (August 30, 2016) — The National Association of Realtors® has named 10 Realtors® as finalists for REALTOR® Magazine’s 2016 Good Neighbor Awards. This award honors Realtors® who have made an extraordinary impact on their communities through volunteer work.
This year marks the 17th year the Good Neighbor Awards program has recognized Realtor® volunteers. The Realtors® being honored have donated their time, money and passion to improve and enrich the lives of the people in their communities. Since 2000, the Good... Read More
WASHINGTON (August 29, 2016) — Buoyed by a steadily improving labor market and strong demand for multifamily housing, commercial real estate activity should remain on an upward trajectory, with a growing share of it is expected to be in smaller markets, according to the National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast by Realtors® to fall 1.5 percent to 10.4 percent over the coming year as employment gains boost demand for office space. The... Read More
WASHINGTON (August 24, 2016) — Slowed by frustratingly low inventory levels in many parts of the country, existing-home sales lost momentum in July and decreased year-over-year for the first time since November 2015, according to the National Association of Realtors®. Only the West region saw a monthly increase in closings in July.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 3.2 percent to a seasonally adjusted... Read More
Realtor® volunteers collect and distribute backpacks stuffed with school supplies to Boys & Girls Clubs kids.
WASHINGTON (August 16, 2016) — The National Association of Realtors® joined forces last year with Boys & Girls Clubs of America to enrich the lives of Club kids and teens in communities across the U.S.
Since December 2015, a total of 188 local Clubs and 18,200 Club youth have been positively impacted by Realtors® and more than $100,000 has been donated to local Clubs by associations, members and real estate firms.
WASHINGTON (August 15, 2016) – A new partnership between SentriLock and Realtors Property Resource® now gives members of the National Association of Realtors® direct access to RPR property data through SentriLock’s SentriSmart app.
A property’s relevant RPR data can now be seamlessly displayed on a smartphone in response to accessing the Sentrilock lockbox though the SentriSmart app. This gives Realtors® the ability to access the time sensitive and detailed property information needed to conduct their business, a unique advantage for members of NAR.... Read More
WASHINGTON (August 12, 2016) — In some school districts across the country, kids are already heading back to school after the summer break. While households with children commonly choose to buy a home in the late spring to get settled in before the new school season starts, rising home prices and a lack of homes for sale may mean more families have been forced to continue their house hunt into fall.
"In a fast moving market with fewer homes for sale and rising prices, more buyers find themselves in need of a real estate professional to help them find the right home and... Read More
WASHINGTON (August 10, 2016) — Home prices maintained their robust, upward trajectory in a vast majority of metro areas during the second quarter, causing affordability to slightly decline despite mortgage rates hovering at lows not seen in over three years, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that for the first time ever, a metro area – San Jose, California – had a median single-family home price above $1 million.
WASHINGTON (August 4, 2016) — The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 19651, but new research from the National Association of Realtors® reveals that there are affordable metro areas right now with above-average hiring and a large segment of current renters who earn enough income to qualify to buy a home.
WASHINGTON (July 29, 2016) — Since the October 2015 implementation of the Consumer Financial Protection Bureau's ‘Know Before You Owe' mortgage initiative, Realtors® have raised red flags over challenges in gaining access to what's known as the mortgage "closing disclosure" form, or CD. The CD is delivered to homebuyers in advance of their closing and contains important financial information related to their purchase.
Unfortunately, many lenders have chosen to withhold... Read More
CHICAGO (July 28, 2016) - Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has selected Dave Garland – a respected industry consultant and investor – to join the firm. Garland will help set a forward looking direction for the venture capital fund, which develops early-stage technology companies, and guide its technology accelerator program, REach®.
In this new role, Garland will search out and evaluate investment opportunities that promise to improve the global residential and commercial real estate industries. Under... Read More