Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors® said in testimony today before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity.
Testifying before a Senate panel today, National Association of REALTORS® President Ron Phipps told members of Congress that sustainable home ownership must be the goal when considering future federal housing policies.
The National Association of Realtors® month-long Home Ownership Matters Bus Tour kicks off this weekend in Chicago outside of the Chicago Flower & Garden Show on Saturday, March 5. Chicagoans can speak with NAR leaders and invited local officials about the housing issues that matter to them, as well as learn about how public policy developments in Washington could affect their ability to buy, sell and own a home.
Throughout this month, consumers across the country can engage Realtors®, local officials, and their neighbors on an issue that literally hits close to home as the National Association of Realtors® kicks off a month-long Home Ownership Matters Bus Tour in cities across the nation.
Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June.
The National Association of Realtors® is currently accepting applications for the 12th annual REALTOR® Magazine Good Neighbor Awards. The awards recognize Realtors® for their dedication to volunteer service.
A stabilization trend is taking place in commercial real estate sectors, but in most markets rent will remain soft except for multifamily rentals, according to the National Association of Realtors®.
The uptrend in existing-home sales continues, with January sales rising for the third consecutive month with a pace that is now above year-ago levels.
The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages.
Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®.