Realtors® help people achieve the dream of homeownership, but are often also homeowners themselves. A new offer through the REALTOR Benefits® Program will help members of the National Association of Realtors® who own homes prolong the life of their air conditioning and heating systems.
Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas.
The National Association of Realtors® applauds the Federal Housing Finance Agency for working with Fannie Mae and Freddie Mac to issue new guidelines that expand eligibility criteria and streamline the short sale process.
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.
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.
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 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 declined in June but marked 14 consecutive months of year-over-year gains.
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®.