The National Association of Realtors® and the U.S. Conference of Mayors have named Lexington, Ky., a 2009 Ambassador City for the success of two homeownership programs, Repair Affair and the Remodeling for Access and Mobility Program. The programs help low-income homeowners make much needed repairs … [Read more...]

Brought together by the National Association of Realtors® yesterday, representatives from various commercial real estate and community organizations and associations agreed to work together in providing policymakers with a package of principles and policy priorities to guide them in their efforts … [Read more...]

Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May's increase was the first back-to-back monthly gain since September 2005. Existing Home Sales - … [Read more...]

The following is a statement by National Association of Realtors® President Charles McMillan: "NAR and our 1.2 million members commend President Obama for developing a comprehensive financial regulatory reform framework. As we have repeatedly noted, it is important to have strong supervision and … [Read more...]

Without the Federal Housing Administration's mortgage insurance program, a large portion of today's home buyers would be unable to realize their dreams of homeownership. The National Association of Realtors® urged Congress today to invest resources that will ensure FHA's continued role in … [Read more...]

Improving the energy efficiency of the nation's homes and buildings can be best accomplished with incentives and education, according to the National Association of Realtors®. In testimony today before the Housing and Community Opportunity Subcommittee of the House Financial Services Committee, … [Read more...]

The following is a statement by National Association of Realtors® President Charles McMillan: "NAR and our 1.2 million members applaud the Business Roundtable for its sound policy recommendations put forth to reinvigorate our nation's housing market. The proposal they announced today is … [Read more...]

The U.S. Department of the Treasury (Treasury), Office of Inspector General, is investigating incidences whereby individuals are using fraudulent Treasury-related financial obligations or accounts to attempt purchases or pay debts.  Fraud perpetrators across the nation have recently begun to use … [Read more...]

A secondary mortgage market model that includes some level of government participation is necessary to ensure affordable and available home mortgages. That is the message the National Association of Realtors® delivered during a House Financial Services Subcommittee hearing today. "Fannie Mae and … [Read more...]

Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®. The Pending homes sales index, a forward-looking indicator based on contracts signed in … [Read more...]