NAR testified today before the Senate Committee on Banking, Housing and Urban Affairs that defaulting on the nation's federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery.
Nearly nine out of 10 recent home buyers said that heating and cooling costs were somewhat or very important when considering a home for purchase, indicating the importance of energy efficiency and environmentally friendly home features.
The five individuals named as this year's REALTOR® Magazine Good Neighbor Awards winners demonstrate how Realtors® value helping those in need and that many of them are committed to selfless service.
Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market.
Existing-home sales increased in August and reached the highest level in six and a half years, while the median price shows nine consecutive months of double-digit year-over-year increases.
NAR President Gary Thomas released a statement about NAR's role, over the past five years, in shaping policies to stabilize the market, recover home values, ensure access to affordable credit, and renew faith in the value of home ownership.
Realtors® have always been invested in helping military service professionals find housing solutions that best meet their needs and allow them to take full advantage of their military benefits.
Realtors® applaud Senate hearings about the future of the secondary mortgage market and the essential elements of sustainable housing finance reform.
According to this new report, most real estate firms are small, independent businesses that specialize in residential brokerage, with 69 percent of all firms expecting profitability to increase over the next year.
The re-proposed Qualified Residential Mortgage rule announced this morning is a victory for homebuyers and the future of homeownership in this country.