WASHINGTON (May 24, 2011) - The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®.
Introducing the 2011 “30 Under 30” honorees. This year marks the 11th anniversary of REALTOR® Magazine’s “30 Under 30” program. Over the years 360 rising young stars have been recognized for their commitment and dedication to the real estate industry.
Existing-home sales slipped in April, although the market has managed six gains in the past nine months.
The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years.
Realtors® have been focusing more on training to help them better meet the needs of clients in a housing market with unique challenges, according to the 2011 National Association of Realtors® Member Profile.
As Realtors® and their clients becoming increasingly more mobile, Realtors® must ensure that buyers and sellers can reach them at a moment’s notice. Ifbyphone, a voice-based marketing automation platform, provides a solution that enhances voice transactions and is now available to members of the National Association of Realtors® through the REALTOR Benefits® Program.
With the changing real estate landscape and the increased use of broker price opinions by market participants, the National Association of Realtors® has launched a new certification, BPO Resource, recognizing Realtors® who have completed NAR’s new BPO education program.
While the past few years have been challenging for many, owning a home continues to be a goal for Americans of every background, according to John D. Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development.
The National Association of Realtors® has awarded four state and local Realtor® associations with $15,000 through its Diversity Initiative Grants Program. Award recipients were announced at the Realtors® Midyear Legislative Meetings & Trade Expo in Washington, D.C., this week.
The commercial real estate market continues a slow pace toward recovery with occupancy rates rising in the office and industrial properties in most major cities across the U.S. supported by rising employment and restocking of wholesale inventory.