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Existing-Home Sales Improve in July, Prices Continue to Rise
Sales of existing homes rose in July even with constraints of affordable inventory, and the national median price is showing five consecutive months of year-over-year increases.
News Releases
Second Quarter Metro Area Home Prices Rise, Limited Inventory Capping Sales
Median existing single-family home prices are rising in more metropolitan areas, but a lack of inventory is limiting buyer choices in more markets around the country.
Credit Union Merger Provides Greater Services for Realtors®
On August 1, Realtors® Federal Credit Union merged with Northwest Federal Credit Union. The merger has given members greater access to service centers, financial loans, banking services and other financial services than they had before.
Voting for $20k Home Renovation Now Open on HouseLogic
Voting is now open to the public for HouseLogic's "Boost Your Roost" contest. There are six finalists; the winner will be awarded a $20,000 home renovation. Each visitor to HouseLogic may cast one vote per day, now through August 13.
Pending Home Sales Slip in June, Remain Above a Year Ago
Pending home sales declined in June but marked 14 consecutive months of year-over-year gains.
Realtors® Support Setting Deadline for Subordinate Lien Holder Short Sale Decisions
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.
June Existing-Home Prices Rise Again, Sales Down with Constrained Supply
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®.
Realtors® Testify Broad Qualified Mortgage is Critical to Bringing Certainty to Housing Finance System
On July 11, 2012, the National Association of Realtors® testified before Congress, urging development of broadly defined Qualified Mortgage (QM) regulation.
Realtors® Applaud Long-Term Reauthorization of Flood Insurance Program
“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.
HouseLogic Helps Homeowners Clean up After Floods
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.