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 and modifications.
RAMP and Repair Affair are initiatives of the Realtor®-Community […]

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 to address the current crisis in the commercial real estate credit markets.
“We are pleased […]

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 - including single-family, townhomes, condominiums and co-ops - rose 2.4 percent to a seasonally adjusted […]

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 regulation of the nation’s financial system to ensure we never again find ourselves […]

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 stabilizing housing to stimulate the nation’s economy.
FHA’s market share has grown from less […]