http://ift.tt/eA8V8J

WASHINGTON (May 14, 2015) – While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.

National Association of Realtors® Chief Economist Lawrence Yun led a panel discussion about the forces shaping commercial real estate markets. The panelists agreed that the market has… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1EJ3acd

http://ift.tt/eA8V8J

WASHINGTON (May 14, 2015) – The National Association of Realtors® urges the Consumer Financial Protection Bureau to implement a grace period for those seeking to comply in good faith with new rules for loan closing procedures and settlement documents.

The Real Estate Settlement Procedures Act and Truth in Lending Act integrated disclosure rule is set to take effect August 1. A trial period with restrained enforcement and liability would allow the industry and CFPB to address implementation issues and minimize costly home closing delays for consumers, said NAR President… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1FngAS2

http://ift.tt/eA8V8J

WASHINGTON (May 14, 2015) – Existing-home sales are expected to finish the year at their highest pace since 2006, but accelerating price growth and rising mortgage rates have the potential to slow sales, according to an economic forecast forum here at the 2015 Realtors® Legislative Meetings & Trade Expo.

Lawrence Yun, chief economist of the National Association of Realtors®, who presented his midyear economic and housing forecast, was joined onstage… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1L4uib1

http://ift.tt/eA8V8J

WASHINGTON (May 13, 2015) — To aid members and Realtor® associations in developing safety protocols, the National Association of Realtors® has expanded its Realtor® Safety Program resources with new classes and materials.

“NAR works constantly to promote the core components of Realtor® safety: knowledge, awareness and empowerment,” said NAR President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark. “As with most jobs that require interacting with the public, selling real estate involves some risk. But ensuring the… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1IyFYEY

http://ift.tt/eA8V8J

WASHINGTON (May 12, 2015) – The path to opportunity has always been, and will continue to be, paved by homeownership and the benefits it affords to families and communities, U.S. Housing and Urban Development Secretary Julián Castro told a packed ballroom of Realtors® and guests this afternoon while participating in a fireside style chat with NAR President Chris Polychron during the Realtors® Legislative Meetings & Trade Expo.

“Homeownership has always been central to the American Dream… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1cQ5wjP

http://ift.tt/eA8V8J

WASHINGTON (May 12, 2015) – Realtors® should prepare themselves now for the new disclosure requirements being implemented by the Consumer Financial Protection Bureau later this year, and communication between all parties in the real estate transaction is essential in ensuring a smooth transition, according to speakers at a regulatory issues forum here at the 2015 Realtors® Legislative Meetings & Trade Expo.

CFPB Director Richard Cordray and industry experts discussed how mortgage lenders, Realtors® and consumers… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1G3VwOZ

http://ift.tt/eA8V8J

WASHINGTON (May 12, 2015) – The partnership between Realtors® and the Rural Housing Service supports homeownership in rural areas and helps those communities thrive, according to officials from the U.S. Department of Agriculture, the agency that administers the RHS program, who held a briefing today during the Realtors® Legislative Meetings & Trade Expo.

“USDA Rural Development is so happy to call the National Association of Realtors® a partner in American… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1G3Vy9E