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WASHINGTON (June 3, 2015) – The following is a statement from National Association of Realtors® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., in response to the Consumer Financial Protection Bureau’s announcement of “sensitivity” to companies making a good-faith effort to comply with the new Truth in Lending Act and Real Estate Settlement… Read More
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WASHINGTON (June 3, 2015) – After gradually climbing for three consecutive years, the decline in existing-home sales in 2014 resulted in a slight reduction in Realtor® business activity and income last year, according to the 2015 National Association of Realtors® Member Profile. The survey also found that Realtors® are increasingly more comfortable using multiple communication channels, including social media, to connect and interact with their clients.
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WASHINGTON (May 28, 2015) — Pending home sales rose in April for the fourth straight month and reached their highest level in nine years, according to the National Association of Realtors®. Led by the Northeast and Midwest, all four major regions saw increases in April.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 3.4 percent to 112.4 in April from a slight upward revision of 108.7 in March and is now 14.0 percent above… Read More
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WASHINGTON (May 26, 2015) — A stronger labor market and increasing household formation should keep commercial real estate demand on a gradual incline, according to the National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast to slightly decrease 0.1 percent over the coming year as the demand for office space slowly improves. The vacancy rate for industrial space is expected to decline 0.3 percent and… Read More
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WASHINGTON (May 21, 2015) — Despite properties typically selling faster than at any time since July 2013, existing–home sales slowed in April but remained above an annual sales pace of five million for the second straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced sales declines in April.
Total existing-home sales1, which are completed transactions that… Read More
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WASHINGTON (May 19, 2015) — The following is a statement by National Association of Realtors® President Chris Polychron in support of the Rural Housing Service and today’s testimony from RHS Administrator Tony Hernandez before the U.S. House Financial Services Subcommittee on Housing and Insurance:
“Today, every Rural Housing Service loan must be approved by RHS staff. In recent years, RHS staffing has been dramatically reduced, and borrowers have experienced significant delays in loan approval.
“Both the Veterans Affairs loan guaranty and the… Read More
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WASHINGTON (May 15, 2015) – There will be a time when Realtors® can legally fly an unmanned aerial system, or drone, around property listings to capture images for marketing purposes, but that time has not yet arrived, at least not completely. That’s according to Federal Aviation Administration officials who told Realtors® today during the When, Where and How can I Use My Drone session at the REALTORS® Legislative Meetings & Trade Expo.
According to Jim Williams, manager of FAA’s UAS… Read More
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WASHINGTON (May 15, 2015) — Officials from the U.S. Department of Veterans Affairs encouraged Realtors® to help debunk misconceptions regarding the VA Home Loan Guaranty Program yesterday at an agency briefing held during the REALTORS® Legislative Meetings & Trade Expo.
The VA home loan guaranty is a military benefit that helps service members, veterans and eligible surviving spouses become homeowners. Since the program was enacted in 1944, as part of the G.I. Bill, the VA has guaranteed more than 21 million home… Read More
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WASHINGTON (May 15, 2015) — Realtors® from across the country gathered today to learn about the importance and benefits of walkable urban communities in real estate development during a panel organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies during the REALTORS® Legislative Meetings & Trade Expo.
“Creating walkability with restaurants and stores can help transition an edgy part of town into one that is hip and hopping with pedestrians,” said National Association… Read More
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WASHINGTON (May 15, 2015) – In a move to better position itself for the future and further align itself with Realtors®, Move, Inc., operator of realtor.com®, the official listing site of the National Association of Realtors®, this week introduced new site features to better connect Realtors® and consumers. The announcement, made at the 2015 REALTORS® Legislative Meetings & Trade Expo, comes at a time when realtor.com® is experiencing substantial year-over-year growth…. Read More
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