The U.S. Congress and administration recently extended the popular and successful $8,000 first-time home buyers tax credit through April 30, 2010. However, they didn’t just extend the credit; they also expanded it to include a $6,500 tax credit for current homebuyers who qualify.
The legislation also raised income eligibility. Single buyers making up to $125,000 and […]

help promote and expand local affordable housing opportunities in communities across the country, the National Association of Realtors® has awarded $50,950 to 16 local and state Realtor® associations through the Housing Opportunity Fund grants program.

Home prices rose again in September, the fourth straight monthly increase and a clear sign the housing market recovery is continuing on.
The Standard & Poor’s/Case-Shiller home price index of 20 major cities released Tuesday rose 0.3 percent to a seasonally adjusted reading of 144.96 in September. Prices have risen month-over-month in 11 metro areas throughout […]

First-time home buyers reached the highest market share on record during the past year, according to the latest consumer survey of home buyers and sellers. The 2009 National Association of Realtors® Profile of Home Buyers and Sellers is the latest in a series of large national NAR surveys evaluating demographics, preferences, marketing and experiences of […]

The recent deep economic downturn has had a pronounced impact on commercial real estate sectors, but credit availability is the big unknown that will determine how soon commercial markets recover, according to the National Association of Realtors®.
NAR’s chief economist said some initial movements earlier this week in commercial mortgage-backed securities are encouraging. “The first commercial […]