Real Estate News from REALTOR.org | Expired Real Estate Leads

Real Estate News from REALTOR.org

Real Estate News from REALTOR.org
July Existing-Home Sales Show Gain
Existing-home sales rose in July to the highest level in five months, although sales have hovered in a relatively narrow range over the past 11 months, according to the National Association of Realtors®. ...»

Economic Softening Hits Leading Commercial Real Estate Index
The softening of economic conditions in recent months should impact commercial real estate markets in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors®. ...»

REALTORS® Recognized for Increasing Affordable Housing
The city of Asheville, N.C., has been named an Ambassador City by the National Association of Realtors® and the U.S. Conference of Mayors for expanding affordable housing. ...»

Realtor® Award Finalists Volunteer to Make a Difference
Realtors® across the country are making extraordinary commitments to improve the quality of life in their communities. The National Association of Realtors® today announced 10 such individuals as finalists for REALTOR® Magazine¿s 2008 Good Neighbor Awards. ...»

Survey Shows Home Buyers Responding to Lower Metro Prices
Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of Realtors®. ...»

REALTORS® Help Homeowners Prevent Foreclosure
Help is on the way for New England homeowners struggling to pay their mortgage. Today, the National Association of Realtors®, in partnership with the Massachusetts Association of Realtors®, is taking part in a regional foreclosure prevention workshop in the Boston area. ...»

REALTORS® Report Foreigners Come to America ¿ to Buy Homes
International real estate purchases in the U.S. continue to be a significant share of business for many Realtors, according to the 2008 National Association of Realtors® Profile of International Home Buying Activity. ...»

Pending Home Sales Rise, Wider Gains Anticipated as Buyers Tap Housing Provisions
Some improvement is projected for existing-home sales in the months ahead, with broader gains seen by the fourth quarter as buyers take advantage of new provisions provided through the recently passed housing stimulus bill, according to the latest forecast by the National Association of Realtors. ...»

NAR, Mayors Name Bowling Green, KY., An Ambassador City
The National Association of Realtors® and the U.S. Conference of Mayors have named Bowling Green, Ky., an Ambassador City for its homeownership education and foreclosure counseling initiatives. ...»

NAR Statement on President Signing Housing Bill
The following is a statement by National Association of Realtors® President Richard F. Gaylord: ...»

REALTORS® and Habitat Bring a Local Family Home
Martina Dunston of Orlando, Fla., will soon have a place of her own to call home thanks to the National Association of Realtors®. On Saturday, Realtors® raised the walls of Dunston's new Habitat for Humanity home. ...»

NAR, Mayors Recognize Alexandria, Va., for Housing Initiatives
The city of Alexandria, Va., has been named an Ambassador City by the National Association of Realtors® and the U.S. Conference of Mayors for its affordable housing and foreclosure prevention initiatives. Alexandria is receiving the designation because of the ongoing partnership between the city and the Northern Virginia Association of Realtors®. ...»

Existing-Home Sales Down In June
After gaining in May, existing-home sales declined in June with many potential buyers on the sidelines, according to the National Association of Realtors®. ...»

NAR Statement on CHOICE ACT
The following is a statement by National Association of Realtors® Treasurer Jim Helsel: ...»

REALTORS® Hail Housing Bill
Today's passage of The Housing and Economic Recovery Act of 2008 by the House of Representatives will help bring stability to the housing market and stem the rising rate of foreclosures, according to the National Association of Realtors®. ...»

NAR Statement on Soundness and Importance of Fannie Mae And Freddie Mac
The following is a statement by National Association of Realtors® President Richard F. Gaylord: ...»

REALTORS® Pledge Support to Finalize Housing Stimulus Bill
The U.S. Senate has passed a bipartisan housing stimulus bill that "is a big step toward helping people buy and keep their homes," said National Association of Realtors® President Dick Gaylord. The Senate action moves a housing stimulus package closer to law, which would help bring stability to the housing market and stop the rising rate of foreclosures. ...»

Home Sales to Vary in Narrow Range, Then Rise in Second Half
Modest near-term movement is expected in existing-home sales, with a recovery in sales seen during the second half of the year, according to the latest forecast by the National Association of Realtors®. ...»

May Existing-Home Sales Show Modest Gain
Sales of existing-home sales increased in May with buyers responding to lower home prices, according to the National Association of Realtors®. ...»

NAR Grants Help Increase Local Housing Opportunities
The National Association of Realtors® has awarded $39,500 to 13 local and state Realtor® associations through the Housing Opportunity Fund grants program. The grants help support the housing opportunity efforts of local and state Realtor® associations. ...»

Ready! Set! Grow! NAR Supports Sustainable Schoolyards
In recognition of the importance of environmental issues in our global community, the National Association of Realtors® is a sponsor of the Sustainable Schoolyard display at the U.S. Botanic Garden's 'One Planet - Ours' exhibit, in collaboration with members of the Smart Growth Network. This outdoor learning environment demonstrates how schoolyards can be used for education as well as recreation. ...»

REALTORS® Enlist Nation's Mayors in Fight Against Foreclosure
The National Association of Realtors® today joined officials from the Federal Housing Administration, Mortgage Bankers Association and NeighborWorks® America to address the foreclosure crisis and its impact on American cities. ...»

Commercial Real Estate Easing in Economic Slowdown
Commercial real estate vacancies are trending up modestly, while investment has dropped sharply in the wake of the credit crunch, according to preliminary information for the latest COMMERCIAL REAL ESTATE OUTLOOK* of the National Association of Realtors®. ...»

REALTORS® Challenge HUD's Complicated and Costly RESPA Reform
The National Association of Realtors® has asked the U.S. Department of Housing and Urban Development to amend its proposed changes to the Real Estate Settlement Procedures Act. In a comment letter, NAR expressed concern and dissatisfaction with HUD's proposed reforms and asked the agency to simplify the procedure and improve the disclosure requirements for mortgage settlement costs. ...»

REALTORS® Join Congress in Urging Reform of U.S. Health Care System
The National Association of Realtors® joined a bipartisan group of members of Congress today as the U.S. House of Representatives introduced legislation designed to make insurance more available and affordable for the 47 million employees of the nation¿s 5.8 million small businesses and more than 14 million self-employed individuals. In announcing its support for the Small Business Health Options Program (SHOP), NAR reiterated the importance of reforming the U.S. health care market for small businesses and independent contractors. ...»

Home Sales May Rise Modestly Before Broader Upturn in Second Half Of 2008
A modest gain in the level of home sales is possible over the next couple months, and an improvement is forecast for the second half of this year as more buyers are able to access affordable mortgages, according to the latest forecast by the National Association of Realtors. ...»

REALTORS® Expand Housing Opportunities During National Homeownership Month And Beyond
The National Association of Realtors® is renewing its commitment to help the nation increase minority homeownership in America, and is dedicated to advancing that aim through National Homeownership Month in June. NAR said its commitment is stronger than ever during today's challenging real estate market. ...»

REALTORS® Say Home Buyer Tax Credit Will Aid Housing Recovery
The National Association of Realtors® testified today that a temporary tax credit would be the best incentive to move hesitant home buyers into the market. NAR based its support on the success of a 1975 temporary tax credit designed to "clear an over-supply of newly constructed homes during an economic downturn." ...»

REALTORS® Challenge HUD's Respa Proposal as Complicated and Costly
The National Association of Realtors® has released a report challenging the impact analysis used by the U.S. Department of Housing and Urban Development in its proposed Real Estate Settlement Procedures Act reform. The report, The Estimated Costs of HUD's Proposed RESPA Regulations, finds that HUD "significantly underestimates the costs of implementing the new requirements." ...»

REALTORS® Under 30 Reflect Real Estate Market Trends
Realtors® are developing expertise in specialized fields within the real estate industry to better serve today's consumers, and this year's REALTOR® Magazine "30 Under 30" winners are no exception. The 2008 honorees practice in areas as diverse as auctions, green homes, HUD foreclosures, and international real estate. ...»

NAR Awards Grants to Support Local Association Smart Growth Initiatives
The National Association of Realtors® has awarded $48,262 to 13 local and state Realtor® associations through the Smart Growth Action Grants program. The grants are awarded to help associations implement smart growth programs and activities that position Realtors® as leaders in improving their communities. ...»

NAR, DOJ Agree on MLS Policy: REALTORS® Compete, Consumers Win
The National Association of Realtors® has reached a favorable settlement with the U.S. Department of Justice, resolving litigation between them regarding how listings from multiple listing services are displayed on brokers' virtual office Web sites. The proposed final order, to be filed with the federal district court in Chicago today, validates NAR's longstanding Internet Data Exchange (IDX) policy and strengthens the rule governing participation in multiple listing services. ...»

Existing-Home Sales Ease Due to Mortgage Restrictions; Some Markets Rising
Existing-home sales slowed in April, partly because restrictive lending practices hampered home buyers. At the same time, a greater number of areas are showing sales gains from a year ago and a recent reversal in mortgage policy means the market is better positioned for a turnaround, according to the National Association of Realtors®. ...»

REALTORS® Say RESPA Reform Too Confusing and Overly Expansive
The U.S. Department of Housing and Urban Development's proposed Real Estate Settlement Procedures Act reform "tips the balance in favor of the largest financial industry players, opens the door to legal challenges, and does little if anything to benefit consumers," according to the National Association of Realtors®. ...»

Permanent Loan Limit Increase would be good for Homeownership, Says NAR
Making the temporary loan limit increases authorized by the Economic Stimulus Act of 2008 permanent will give families in high-cost areas equal access to fair and affordable loans on a continuous basis, according to the National Association of Realtors®. ...»

Leading Commercial Real Estate Index Contracts in First Quarter
Although fundamentals are sound, activity in commercial real estate markets is expected to ease in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors®. ...»

REALTORS® Say Fannie Mae's Withdrawal of Declining Market Policy Will Help Housing Market
Fannie Mae today withdrew its declining market policy and adopted uniform national downpayment requirements, making financing more affordable and available and stabilizing the credit markets, said the National Association of REALTORS®. ...»

Mixed Home Price Performance Continues in Metro Areas, One-Third Show Gains
One out of three the metropolitan areas in the United States showed rising home prices in the first quarter, with only a small number of jumbo loan originations and higher foreclosures resulting in greatly mixed conditions around the country, according to the latest quarterly survey by the National Association of REALTORS®. ...»

REALTORS® on Building Green: Niche Market or Wave of the Future?
Home buyers and commercial investors alike are increasingly demanding green building practices, and many experts agree the environmentally friendly building approach is here to stay. ...»

NAR Says Stimulus Bill Will Help Stabilize Housing And Mortgage Markets
The National Association of Realtors® congratulated House Committee on Financial Services Chairman Barney Frank, D-Mass. on his leadership and the U.S. House of Representatives for voting to pass H.R. 3221, The Foreclosure Prevention Act. Their actions will help bring stability to the housing market and stem the rising rate of foreclosures. ...»

NAR Recognizes Fannie Mae Initiative: Part of the Solution to Housing Recovery
National Association of Realtors® President Richard F. Gaylord issued a statement on Fannie Mae's announcement today of its Keys to Recovery initiative. ...»

NAR Joins Congressmen Mcnerney and Miller in Call to Stabilize Mortgage Market by Increasing Conforming Loan Limits Permanently
The National Association of Realtors®, in a letter to members of the U.S. House of Representatives, urged Congress to make the FHA and conforming loan limit increases permanent as part of the 2008 Housing Stimulus bill, which is expected to be marked up this week. ...»

Existing-Home Sales Slip in March
Existing-home sales edged down in March, remaining within a narrow range of sales activity that has persisted since last September, according to the National Association of Realtors®. ...»

NAR Commends Preston's Nomination as HUD Secretary
National Association of Realtors® President Richard F. Gaylord made a statement on today's nomination of Steve Preston for Secretary of the U.S. Department of Housing and Urban Development. ...»

NAR Strategic Alliance Brings Real Estate Video Advantages to REALTORS®
The National Association of Realtors® has established a strategic alliance that will help Realtors® enhance the presentation features they provide online for home buyers and sellers. AgentCasts joins NAR's roster of REALTOR Benefits® partners as a leading developer and distributor of electronic real estate marketing solutions, including full-motion video tour production; photo-based virtual video tours; agent profile marketing videos; and video editing, hosting and distribution services. ...»

REALTORS® Reach out to International Buyers
As the falling dollar makes the U.S. second-home market more attractive to international buyers, the National Association of Realtors® is joining with the Salon Immobiliario de Madrid, Europe's largest home and resort exposition, to educate potential buyers about U.S. real estate investment options. ...»

Existing-Home Sales to Stabilize Before Upturn in Second Half of 2008
Little change is expected in existing-home sales over the next few months, before improving notably during the second half of the year, according to the latest forecast by the National Association of Realtors®. ...»

REALTORS® Say Treasury "BluePrint" Causes Financial Concern and Controversy
The National Association of Realtors®, in a letter today to U.S. Secretary of the Treasury Henry Paulson, expressed opposition to the "Blueprint for a Modernized Financial Regulatory Structure," which would permit banking conglomerates to engage in the commercial activity of real estate brokerage and management, and asked the Treasury to withdraw this proposed rule. ...»