Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of Realtors®.
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Yesterday the National Association of Realtors® was recognized with two gold Stevie Awards at the 10th Annual American Business Awards. The Home Ownership Matters Campaign won for Communications or PR Campaign of the Year in the Public Affairs category, and NAR's Chief Executive Officer Dale Stinton won for Executive of the Year in the Real Estate category.
Home buyers, sellers and investors may soon find it easier to locate trusted and valued real estate information, resources and services online. The National Association of Realtors®, through its wholly owned subsidiary, the Realtors® Information Network (RIN), has applied for the branded .Realtor top-level domain (TLD) as an alternative to the familiar and commonly used .com or .org. Applications have also been submitted for .realestate and .home.
Due to low prices and the relative weakness of the dollar, international buyers continue to identify the U.S. as a desirable place to own property and make a profitable investment.
Pending home sales retrenched in April following three consecutive monthly gains, but are notably higher than a year ago, according to the National Association of Realtors®.
Realtors® build communities in part by dedicating their time and resources to improving the lives of their neighbors as well as others across the country. Volunteering Works, an annual program that matches Realtors® who work on small-scale charitable efforts with mentors and awards them seed money, helps Realtors® expand their reach within their communities. The program recently announced this year's recipients.
Technology has transformed the way Realtors® do business, and the National Association of Realtors® is helping members keep up with the latest trends that can enhance business and client relations. NAR Tech Edge, a new one-day technology conference hosted by NAR will give attendees the chance to learn about cutting edge technologies that are changing the real estate industry.
A proposed bill to streamline and align the refinance processes of Fannie Mae and Freddie Mac may soon make it easier for homeowners who are current on their mortgage payments but who have been previously unable to refinance to finally take advantage of record low interest rates.
Shaking off a prolonged impact from the recession, fundamentals are gradually improving in all of the major commercial real estate sectors, according to the National Association of Realtors® quarterly commercial real estate forecast. The apartment rental sector has fully recovered and is growing.
Realtors® specializing in commercial real estate reported an increase in transactions in 2011, as well as a rise in their median gross annual income, according to the 2012 National Association of Realtors® Commercial Member Profile.