WASHINGTON (December 6, 2016) — The homeownership rate in America continues to hover around a 50-year low, but experts gathered for an event in the Washington, D.C. offices of the National Association of Realtors® said today that there are real-world opportunities to turn that trend around.
“It’s tough out there right now for buyers, especially in many of the red-hot markets around the country where competition is the fiercest,” said National Association of Realtors® President William E. Brown, a Realtor® from Alamo, California and founder of... Read More
WASHINGTON (December 5, 2016) – In response to the announcement of Dr. Ben Carson as President-Elect Donald J. Trump’s selection for Secretary of Housing and Urban Development, NAR President William E. Brown issued the following statement:
“Realtors® know that the incoming Secretary of Housing and Urban Development has a big job ahead. Potential homebuyers face a range of... Read More
CHICAGO (December 1, 2016) - Second Century Ventures, the National Association of Realtors®’ strategic investment arm, is accepting applications for its 2017 REach® accelerator class now through January 31, 2017 at www.narreach.com.
REach offers education, mentorship and exposure for technology companies to enter into the real estate market, advance their businesses and expand into adjacent markets such as insurance, mortgage and financial services. The program accepts organizations in later growth stages, not just early-stage... Read More
WASHINGTON (November 30, 2016) — As smart homes become more popular among consumers, buyers and sellers are showing greater interest in those homes and smart-home technologies and Realtors® in a certification to acknowledge their experience and expertise in those features.
This is according to the National Association of Realtors®' inaugural Smart Homes and Realtors® report, which found that Realtors® are becoming more interested in a smart home certification, despite the fact that only 15 percent of... Read More
WASHINGTON (November 30, 2016) — Pending home sales were mostly unchanged in October, but did squeak out a meager gain for the second consecutive month, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.1 percent to 110.0 in October from a slight downward revision of 109.9 in September. With last month's small increase, the index is now 1.8 percent higher than last October (108.1).
WASHINGTON (November 22, 2016) — Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and annual sales increases in October.
Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, grew 2.0 percent to a seasonally adjusted annual rate of 5.60... Read More
CHICAGO (November 16, 2016) –The National Association of Realtors®’ venture capital fund Second Century Ventures has become a strategic investor in Trust Stamp, an identity authentication company that leverages artificial intelligence and blockchain technologies.
Trust Stamp, a startup founded in 2015 by Gareth Genner and Andrew Gowasack, is one of eight companies that entered SCV’s vertical tech accelerator program, REach®, earlier this year.
The company uses patented artificial intelligence software to analyze hundreds of public records and... Read More
WASHINGTON (November 15, 2016) — The Federal Housing Administration’s just released actuarial report shows that the Mutual Mortgage Insurance Fund is on a steady financial trajectory, a finding the National Association of Realtors® believes is an opportunity to make FHA’s low-down-payment mortgage option available to an even broader swath of borrowers.
“FHA’s actuarial report shows that the fund has indisputably found its footing,... Read More
ORLANDO, Fla. (November 7, 2016) – Bill Brown, a second generation Realtor® from Alamo, California was installed as 2017 president of the National Association of Realtors® at the association’s Inaugural Gala on Nov. 3 during the 2016 REALTORS® Conference & Expo. The 2017 Officers, Vice Presidents, and Regional Vice Presidents took office at the adjournment of the Board of Directors meeting on Nov. 7. Brown has been active in real estate for 36 years and is the founder of Investment... Read More
ORLANDO, Fla. (November 7, 2016) – Barbara B. Lach, a Realtor® from Columbus, Ohio has received the National Association of Realtors® 2016 Distinguished Service Award. The honor is presented yearly to no more than two of NAR’s more than 1.2 million members. Winners were recognized at the REALTORS® Conference & Expo in Orlando, Florida.