Pending home sales declined in June but marked 14 consecutive months of year-over-year gains.
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A proposed bill may soon help speed up the approval process for homeowners selling their home through short sale by requiring subordinate lien holders to review and respond to short sale requests within 45 days.
Existing-home prices continued to show gains but sales fell in June with tight supplies of affordable homes limiting first-time buyers, according to the National Association of Realtors®.
On July 11, 2012, the National Association of Realtors® testified before Congress, urging development of broadly defined Qualified Mortgage (QM) regulation.
“As the nation’s leading advocate for home ownership and housing issues, we are pleased that Congress has approved a long-term reauthorization of the National Flood Insurance Program, which ensures access to affordable flood insurance for millions of home and business owners across the country,” said NAR President Moe Veissi.
As Florida residents clean up in the aftermath of Tropical Storm Debby, many more Americans can anticipate flooding and damage during this year's hurricane season. HouseLogic.com , the award-winning comprehensive website for home owners from the National Association of Realtors®, offers valuable resources and information to help residents clean up after floods.
Developing and reporting property values more accurately is critical to improving market performance, reducing risk and strengthening the housing finance system, according to the National Association of Realtors®.
As Americans prepare to celebrate Independence Day next week, thousands of them will flock to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country's history and the men and women who shaped its future. The homes of founding fathers like George Washington, Thomas Jefferson and John Adams were more than shelter; they were places of respite, reflection and inspiration.
Pending home sales bounced back in May, matching the highest level in the past two years, and are well above year-ago levels, according to the National Association of Realtors®. Both monthly and annual gains were seen in every region.
HouseLogic.com, the award-winning comprehensive website for home owners from the National Association of Realtors®, is conducting a contest offering a chance to win a home renovation valued at $20,000. The contest runs today through July 16.