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NAR in the News

The articles on this page are samples of media coverage related to the Power of 'R' messages.

The Washington Post

Vacation Properties Are Hot: Where to Shop for that Home Away from Home

(05/28/2015) Vacation home sales rose by 57.4 percent in 2014 compared with 2013 and reached a record high, according to the National Association of Realtors (NAR). In fact, vacation homes now represent 21 percent of all home sales, the highest share since NAR began tracking the market in 2003.

Palm Beach Post

New Realtor Safety Class Follows Death Last Year

(05/28/2015) The National Association of Realtors announced a new safety class following the killing last year of a Little Rock, Ark., agent who was last seen alive on her way to meet a potential client. The three-hour course, called “Real Estate Safety Matters,” is for local associations to host for their members.

The Wall Street Journal

Housing Bubble? Despite Rising Prices, Most Economists Still Say No

(05/26/2015) Lawrence Yun, chief economist for the National Association of Realtors, has been among the loudest sounding the alarm that prices are too high. But he said that he isn't worried about a bubble, just that the lack of affordability may cause demand to evaporate. "In a sense it is demoralizing for people who want to save up for a down payment," he said.

The Wall Street Journal

Existing Home Sales Decline 3.3% in April

(05/21/2015) Sales of previously owned homes fell in April after surging the previous month, highlighting the fits and starts that have been a hallmark of the housing recovery. Existing-home sales declined 3.3% last month from March to a seasonally adjusted annual rate of 5.04 million, the National Association of Realtors said Thursday. Sales for March were revised up to 5.21 million from an initially reported 5.19 million. "The latest decline is not a concern regarding somehow the buyers losing enthusiasm," NAR chief economist Lawrence Yun said. While interest in buying a new home remains strong, "we just don’t have enough supply."

RIS Media

Brokers Welcome Greater Data Control as NAR Approves Funding for Upstream

(05/18/2015) This past Saturday during the 2015 REALTORS Legislative Meetings and Trade Expo in Washington D.C., the NAR Board of Directors approved a partnership between the National Association of Realtors (NAR) and its wholly owned subsidiary Realtors Property Resource (RPR) and UstreamRE, LLC, to create a nationwide broker data-entry and collection system using the RPR advanced multi-list platform (AMP).

Associations Now

After Agent's Murder, Realtor Association Offers New Safety Resources

(05/18/2015) The National Association of Realtors has released new resources as part of its safety program to help ensure real estate professionals can reduce the risks of threats and attacks while on the job.

The Albuquerque Journal

Homeownership, Income Inequality Linkage Studied

(05/13/2015) The Albuquerque metro area falls in the middle of the rankings in a new study by the National Association of Realtors showing that income inequality tends to be highest in metros with low homeownership rates. “The decline in homeownership has serious implications for our economy and is currently leading to a more unequal America,” association chief economist Lawrence Yun said in a news release.

HousingWire

Realtor.com Launches All-Out Offensive in War with Zillow

(05/12/2015) Vowing that Move will spend more than it has ever spent on a branding, advertising and marketing campaign, Move CEO Ryan O’Hara on Tuesday rolled out a star-studded Realtor.com strategy that shows how new owner News Corp is going to “turbocharge the results” in the realtor.com war for listings and ad dominance with Zillow Group. O’Hara told HousingWire on Tuesday that realtor.com “aspires to be the home for all things real estate” and to achieve that goal it is undertaking its biggest and boldest marketing initiative in 20 years.

MarketWatch

Home Price Gains Fueling Inequality in U.S. Cities: Realtors

(05/07/2015) Rising home prices in many cities are benefiting fewer people, likely leading to worsening inequality in the U.S., the National Association of Realtors said Thursday. “The decline in homeownership has serious implications for our economy and is currently leading to a more unequal America,” says Lawrence Yun. the NAR’s chief economist.

Medill Reports

Millennials Want Houses Despite Falling Homeownership Rate

(05/05/2015) Despite the falling U.S homeownership rate and the rise of the sharing economy, owning a home is still part of the American dream for most Millennails, the 20- and 30- somethings. “Many Millennials (those 35 and under) graduated college and entered the workforce during the worst of the recession,” said the National Association of Realtors. “As a result, underemployment, stagnant wages and repaying student loan debt in the past few years have delayed their path to homeownership.”

Interest.com

How to Win a Bidding War | Interest.com

(05/05/2015) The National Association of Realtors says it would take well under five months to move every current listing at current sales rates. Six months' worth of inventory is considered to be a healthy, balanced market. Nice homes realistically priced are being snapped up as soon as the for-sale sign is planted in the yard.

The Boston Globe

The Smaller the Better for Home Renovations

(04/30/2015) While some sellers might feel inspired to “gut” their home, or to make major renovations like adding another room or putting in a pool, real estate experts said big changes usually don’t pay off. Recently, several real estate organizations have given similar advice to homeowners. The National Association of Realtors (NAR) issued a statement earlier this year suggesting that small, exterior home improvements generally yield the highest returns.

Realuoso

First Look: New Placester Theme Has Built-In NAR Branding, Is for NAR Members Only

(04/28/2015) When the National Association of Realtors (NAR) partnered with Placester to offer their members with responsive IDX sites at a deep discount, this member benefit demolished any excuse for Realtors to have a poor excuse of a consumer-facing website. Placester is releasing a new premium design template today, specifically for NAR members to set themselves apart. It’s actually gorgeous (and we’re pretty cynical about web design). The theme, titled Chicago has NAR branding baked right in and brings the number of premium themes available to seven.Placester to offer their members with responsive IDX sites at a deep discount, this member benefit demolished any excuse for Realtors to have a poor excuse of a consumer-facing website. Placester is releasing a new premium design template today, specifically for NAR members to set themselves apart. It’s actually gorgeous (and we’re pretty cynical about web design). The theme, titled Chicago has NAR branding baked right in and brings the number of premium themes available to seven.

USA Today Online

Mistakes People Make When Selling a Home

(04/26/2015)Eighty-three percent of people view their home as a good financial investment, a 2014 survey by the National Association of Realtors (NAR) found. Not only is their home the biggest single asset most people own, but it's also filled with memories — the average seller has lived in his house for a decade, according to the NAR. So it's no wonder that when it comes time to sell property, people can get a little emotional.

Chicago Tribune

Tech Accelerator Accepts Guard Llama, 6 Others

(04/24/2015) Chicago-based emergency-button maker and six other companies have been accepted to REach, the Chicago-based tech accelerator developed by Second Century Ventures. Second Century Ventures, an early stage technology fund and the strategic investment arm of the National Association of Realtors, announced REach’s 2015 class on Wednesday.

Realuoso

How NAR Has Changed the Future of the Entire Internet Forever

(04/21/2015) Last fall, the National Association of Realtors (NAR) announced that they had procured the rights to the .REALTOR top-level domain (TLD), allowing their members (and members of the Canadian Real Estate Association) to obtain their own .REALTOR site and soon, Associations and brokerages will be able to scoop their domains up as well. It is already the sixth fastest growing top-level domain in history, with actual sites in use (not domains squatted upon like other top-level domains) and over 100k domains already live.