NAR President Chris Polychron on Know Before You Owe: “The Hard Work Continues”
WASHINGTON (October 2, 2015) — The following is a statement by National Association of Realtors® President Chris Polychron in advance of the Consumer Financial Protection Bureau's Know Before You Owe TILA-RESPA Integrated Disclosure, or TRID, going into effect tomorrow, October 3:
"Realtors® across the country have worked hard to prepare for the TILA-RESPA Integrated Disclosure,... Read More
2015 Realtor® Good Neighbor Award Winners Bring Positive Change to Communities
WASHINGTON (September 30, 2015) — Over the last 16 years, the Good Neighbor Awards have recognized Realtors® from across the nation who dedicate countless volunteer hours to improve the lives and wellbeing of their neighbors. The five individuals named as this year's REALTOR® Magazine Good Neighbor Award winners embody this incredible commitment to helping those around them and serve as an example of how Realtors® build and strengthen communities.
The 2015 Good Neighbor Award winners are Daniel L. Goodwin, The Inland Real Estate Group Inc.,... Read More
Pending Home Sales Retreat Again in August but Remain at Healthy Level
WASHINGTON (September 28, 2015) — Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for 12 consecutive months, according to the National Association of Realtors®. A modest increase in the West was offset by declines in all other regions.
The Pending Home Sales Index,* a forward–looking indicator based on contract signings, decreased 1.4 percent to 109.4 in August from 110.9 in July but is still 6.1 percent above... Read More
Existing-Home Sales Stall in August, Prices Moderate
WASHINGTON (September 21, 2015) — Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.
Total existing–home sales1, which are completed transactions that include single–family... Read More
Realtors® Help CFPB Director Cordray Unveil New Know Before You Owe Online Tools
Consumer Financial Protection Bureau Director Richard Cordray and National Association of Realtors® 2015 First Vice President-Elect Elizabeth Mendenhall
WASHINGTON (September 17, 2015) — Consumer Financial Protection Bureau Director Richard Cordray today joined National Association of Realtors® 2015 First Vice President-Elect Elizabeth Mendenhall to highlight the agency's Know Before You Owe initiative in advance of upcoming changes to the mortgage closing process.
At the event, the CFPB rolled out a... Read More