The Federal Housing Administration mortgage insurance program plays an important and vital role in the nation’s housing financing system and has shown tremendous leadership and strength during the economic crisis, the National Association of Realtors® said in testimony today.
Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®.
Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors®.
The Housing Opportunity Program Grants, a National Association of Realtors® grant program, has presented $62,500 to 19 local and state Realtor® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities.
Existing-home sales improved in October while the number of homes on the market continued to decline.
The National Association of Realtors® commends Congress for reinstating the loan limit formula and maximum cap for Federal Housing Administration-insured loans for two years.
Maurice “Moe” Veissi, a Realtor® from Miami, was installed today as 2012 president of the National Association of Realtors® at the association’s Board of Directors meeting during the 2011 Realtors® Conference & Expo.
PeggyAnn McConnochie, a Realtor® from Juneau, Alaska, has received the National Association of Realtors® 2011 Distinguished Service Award.
Adorna Carroll, a Realtor® from Berlin, Conn., has received the National Association of Realtors® 2011 Distinguished Service Award.
Home buyers face unprecedented hurdles in qualifying for a mortgage in today’s market, but getting a loan is possible for those who know how to overcome the obstacles, according to a presentation on Cracking the Credit Code at the 2011 Realtors® Conference & Expo.