Pending home sales rose strongly in October with mixed regional results.
Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market, according to the National Association of Realtors® quarterly commercial real estate forecast.
The National Association of Realtors® has been recognized with a gold Best in Biz award for its forward looking business practices. The independent business awards program honors companies and executives for their business success and is judged by industry analysts and members of the press.
Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of Realtors®.
Gary Thomas, a Realtor® in Orange County, Calif., was installed today as 2013 president of the National Association of Realtors®. Other new leaders also assumed their roles today during the 2012 Realtors® Conference and Expo.
Bruce Aydt, a Realtor® from the St. Louis, Mo., area, has received the National Association of Realtors® 2012 Distinguished Service Award.
Paula Savard, a Realtor® from Sterling, Mass., has received the National Association of Realtors® 2012 Distinguished Service Award.
In honor of Veteran’s Day, Realtors® gathered today at an educational session during the 2012 Realtors® Conference and Expo to learn about valuable tools and resources to assist active duty military and veterans with their housing transitions and help them achieve and sustain homeownership.
2013 will mark the 100th year members of the National Association of Realtors® have subscribed to a strict Code of Ethics. Though the real estate industry itself has evolved over the past century, NAR’s core values and commitment to excellence have remained constant.
All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, revealing the changing dynamics of today’s home buyers and sellers.