http://ift.tt/eA8V8J

WASHINGTON (July 29, 2015) — After five consecutive months of increases, pending home sales slipped in June but remained near May's level, which was the highest in over nine years, according to the National Association of Realtors®. Modest gains in the Northeast and West were offset by larger declines in the Midwest and South.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 1.8 percent to 110.3 in June but is still 8.2 percent above June 2014… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1DOP4H5

http://ift.tt/eA8V8J

WASHINGTON (July 28, 2015) – Millennials prefer walking over driving by a substantially wider margin than any other generation, according to a new poll conducted by the National Association of Realtors® and the Transportation Research and Education Center at Portland State University.

The 2015 National Community and Transportation Preference Survey found that millennials, those aged 18–34, prefer walking as a mode of transportation by 12 percentage points over driving. Millennials are also shown to… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1I7yvIj

http://ift.tt/eA8V8J

WASHINGTON (July 22, 2015) — Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.

Total existing-home sales^{1… Read More}

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1TQdRE7

http://ift.tt/1CU60RB

WASHINGTON (July 21, 2015) — The following is a statement by National Association of Realtors® President Chris Polychron in… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1GAgf8B

http://ift.tt/eA8V8J

WASHINGTON (July 9, 2015) — Real estate like-kind exchanges are an important vehicle for disposing of and acquiring properties and support the nation's financial growth, job creation and economy, according to a new report from the National Association of Realtors®.

The Like-Kind Exchanges: Real Estate Market Perspectives 2015 survey of NAR's commercial and residential members found that real estate investors and commercial property owners place a very high priority on current like-kind exchange tax rules; 40 percent indicated that transactions would not… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1TnTX2Y

http://ift.tt/eA8V8J

WASHINGTON (June 29, 2015) — Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. Gains in the Northeast and West were offset by small decreases in the Midwest and South.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 0.9 percent to 112.6 in May from a slight downward revision of 111.6 in April and is now 10.4 percent above May 2014 (101.9). The index… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1LxZOR0

http://ift.tt/eA8V8J

WASHINGTON (June 22, 2015) — Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors®. Led by the Northeast, all major regions experienced sales increases in May.

Total existing-home sales¹, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 5.1 percent to a… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1Lpl9gr

http://ift.tt/14q1Q3s

WASHINGTON (June 17, 2015) –National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., released the following statement in response to the Consumer Financial Protection Bureau’s announcement  of a proposed two-month delay for the implementation of  the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated… Read More

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

http://ift.tt/eA8V8J

WASHINGTON (June 17, 2015) – While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent, according to the National Association of Realtors® 2015 Profile of Home Buying Activity of International Clients .

For the period of April 2014 through March 2015, total international sales were estimated at $104 billion, compared to the previous year's estimate of $92.2 billion. This represents 8 percent of the total existing-home sales dollar volume.

"In 2014, sales transaction to… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1GiVu19

http://ift.tt/eA8V8J

WASHINGTON (June 15, 2015) – Commercial real estate markets are improving with Realtors® specializing in commercial real estate reporting an increase in annual gross income, the number of sales transactions and sales volume, according to the 2015 National Association of Realtors® Commercial Member Profile.

The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and industrial space, multifamily and retail buildings, as well as property… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/1IFi48b