REALTORS® have actively supported special programs like the temporary $7500 first-time home buyer tax credit, because buying your first home may be daunting.
The tax credit, combined with today’s low interest rates and increased affordability, make buying conditions more favorable than they’ve been in years.
Homeownership is an investment in your future. Work with a REALTOR® who […]

A federal mortgage interest buy-down program would help spark the housing market, the National Association of Realtors® said in a letter sent today to James B. Lockhart, chairman of the Oversight Board of the Federal Housing Finance Agency. NAR seeks a 4.5 percent mortgage interest rate buy-down program financed through the U.S. Treasury Department’s Troubled […]

Existing-home sales weakened against a backdrop of an eroding economy, according to the National Association of Realtors®.
Existing-home sales - including single-family, townhomes, condominiums and co-ops - fell 8.6 percent to a seasonally adjusted annual rate¹ of 4.49 million units in November from a downwardly revised level of 4.91 million in October, and are 10.6 percent […]

The National Association of Realtors® applauds the actions of the Federal Reserve Board in lowering interest rates for home buyers and homeowners who need to refinance. This will significantly impact housing sales, home valuations, and the nation’s overall economy.
The Federal Reserve is purchasing large quantities of agency debt and mortgage-backed securities to provide support to […]

America needs a long-term plan to turn our economy around, and we need a plan that features practical solutions to end the housing slump, reduce lingering inventory, and keep the dream of home ownership alive. NAR has that plan - our Four-Point Plan to stimulate the housing market.

Make the $7500 first-time homebuyer tax credit available to […]