Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®.
A panel of industry experts told several thousand Realtors® gathered at a special symposium that the pendulum on mortgage credit has swung too far in the other direction after the recent housing downturn and is putting an unnecessary burden on creditworthy consumers, impeding the economic and housing market recoveries.
Realtors® from across the country are meeting with legislators, public policy makers and industry leaders this week to address pressing concerns and issues that affect home owners, aspiring home owners and real estate investors everywhere.
Commercial members of the National Association of Realtors® will have greater access to commercial information exchange data through a new mobile application by ePropertyData.
March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months.
Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of Realtors®.
Realtors® now have access to an errors and omissions insurance program from the National Association of Realtors®’ newest REALTOR Benefits® Partner, Victor O. Schinnerer & Company, Inc.
The National Association of Realtors® welcomed middle school students from across the country this week to participate in the annual School of Future Design Competition. The competition encourages students to work in teams to plan and design a school that will improve the learning environment and the facility’s energy efficiency, be sensitive to the environment, and is integral to the surrounding community. This year’s winners were announced last night during an event held at NAR’s D.C. offices.
A new bill to improve the process for approving short sales may soon bring relief to distressed home owners who are unable to keep their homes and hope to avoid foreclosure. The bill, introduced in the U.S. House yesterday and strongly supported by the National Association of Realtors®, would impose a deadline of 45 days on lenders to respond to short sale requests.
Americans favor walkable, mixed-use neighborhoods, with 56 percent of respondents preferring smart growth neighborhoods over neighborhoods that require more driving between home, work and recreation.