Katrina Anniversary Underscores Importance of Protecting Your Home and Family

It's been five years since Hurricane Katrina came roaring into the Gulf Coast, dramatically changing New Orleans and the lives of those who called it home. While there is very little homeowners can do when facing a natural disaster of that magnitude, the anniversary - and the current threat from … [Read more...]

Commercial Real Estate Remains Soft but Favors Business Expansion

Commercial real estate sectors, hurt by weak job growth, are offering incentives in many areas that are conducive to business expansion, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said fallout from the recession continues to impact commercial real … [Read more...]

July Existing-Home Sales Fall as Expected but Prices Rise

Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and … [Read more...]

Health of Housing market

After months of the gloom-and-doom reports about the housing market, recent months have finally started to show evidence of some positive movement in the sector. But there are still plenty of economists forecasting an endless downturn for the weakened housing and mortgage markets. Price Recovery … [Read more...]

Realtor® Award Finalists Find Ways to Give

Realtors® play an important leadership role in building our communities, sharing their time and talents to help others in need. Ten such individuals were recognized today by the National Association of Realtors® as finalists for REALTOR® Magazine's 2010 Good Neighbor Awards. For 11 years the … [Read more...]

NAR Hails Proposal to Restrict GSE Mortgages with Private Transfer Fees

The National Association of Realtors® today commended the Federal Housing Finance Agency for taking steps to restrict government-sponsored enterprises - Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks - from investing in mortgages with private transfer fee covenants. A private … [Read more...]

Homeownership and Stable Communities Go Hand-in-Hand

Homeowners are more active in their communities, benefit from improved education opportunities, and report higher levels of self-esteem and happiness when compared to renters, according to leading research. A new report from the National Association of Realtors®, Social Benefits of Homeownership … [Read more...]

Broad Stabilization in Second Quarter Metro Area Home Prices with Strong Sales

The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of Realtors®. In the second quarter, … [Read more...]

Offers and the Closing Date

It essential that you and your Realtor include a closing date as part of any offer to purchase a home. By doing this, you and the seller can make plans for moving, and the seller can make plans for buying their next home. Although most transactions actually do close on the correct date, make sure … [Read more...]

FSBO Story in Wausau Distorts NAR Study

The Wausau Daily Herald did its readers a great disservice by running the StatePoint Media article, "Get more money when selling your home," July 10. The one-sided article inaccurately cites and distorts findings of a National of Association of Realtors® study. It is patently false that … [Read more...]