WASHINGTON (July 23, 2009) - The following is a statement by National Association of Realtors® President Charles McMillan: "NAR and our 1.2 million members are pleased that the Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to take action to clarify confusion over the … [Read more...]
Existing-Home Sales Up Again
Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. Existing home sales - including single-family, townhomes, condominiums and co-ops - increased 3.6 percent to a … [Read more...]
Data show housing market starting to recover
The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday show. Sales of previously occupied homes rose for the third month in a row in June, the National Association of Realtors reported. That hasn't happened since early … [Read more...]
Jupiter, Fla., Named Ambassador City for Raising Awareness of Affordable Housing Opportunities
Jupiter, Fla., has been named a 2009 Ambassador City by the National Association of Realtors® and the U.S. Conference of Mayors for its SOLD on Jupiter program. The program offers potential homebuyers with information, resources and a tour of affordable homes. The SOLD on Jupiter program was … [Read more...]
Realtors® Incentive-Based Approaches in Support of Green Buildings
The National Association of Realtors® office building on Capitol Hill was the first newly constructed, green certified building in the District of Columbia, demonstrating NAR's commitment to environmentally sustainable real estate development. In testifying today before a House Transportation … [Read more...]
REALTORS® SAY HOUSING INCENTIVES HELP ECONOMY, SMALL BUSINESSES
Having a sound and well-functioning real estate sector is critical to our country's economic growth and development, as well as the growth and sustainability of many small businesses, according to the National Association of Realtors®. In testimony on Capitol Hill before the House Committee on … [Read more...]
Down-payment, closing costs still greatest obstacles to home-ownership
Most Americans still consider having enough money for down-payment and closing costs to be the biggest obstacles to buying a home. The survey, which measures how affordable housing issues affect consumers, also found job security concerns to be the highest in seven years of sampling. Two-thirds of … [Read more...]