Senate Patent Reform Bill a Good First Step, Say Realtors®
WASHINGTON (April 29, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron regarding the Protecting American Talent and Entrepreneurship (PATENT) Act of 2015 introduced in the U.S. Senate today by Judiciary Committee Chairman Charles Grassley, Ranking Member Patrick Leahy and Sens. John Cornyn, Orrin Hatch, Mike Lee, Chuck Schumer and Amy Klobuchar:
“NAR supports the reforms in the PATENT Act introduced in the U.S. Senate today to protect American businesses from broad claims of patent infringement based on... Read More
Pending Home Sales Increase in March for Third Consecutive Month
WASHINGTON (April 29, 2015) — Pending home sales in March continued their recent momentum, rising for the third straight month and remaining at their highest level since June 2013, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 1.1 percent to 108.6 in March from an upward revision of 107.4 in February and is now 11.1 percent above March 2014 (97.7). The index has now... Read More
Existing-Home Sales Spike in March
WASHINGTON (April 22, 2015)—Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.
Total existing-home sales1, which are completed transactions... Read More
Second Century Ventures Announces 2015 REach® Accelerator Class
CHICAGO (April 22, 2015) — The National Association of Realtors®’ strategic investment arm, Second Century Ventures, has unveiled the seven organizations chosen for the 2015 class of REach®, a growth technology accelerator program. The 2015 class officially kicks off this week.
“This year’s REach class is made up of truly phenomenal organizations that are innovating both within and beyond the real estate space,” said Dale Stinton, president of SCV and NAR CEO. “The entrepreneurial spirit and energy... Read More
Balance Needed between Regulation and Opportunity in Housing Market, Say Economists, Policy Experts
NAR Immediate Past President Steve Brown joins American Nobel Laureate Dr. Robert Shiller at an economic and policy forum today to appraise the state of the U.S. housing market.
WASHINGTON (April 21, 2015) – The nation’s leading housing economists spoke today at an economic and policy forum to appraise the state of the U.S. housing market. The event, held by the National Association of Realtors®, National Association of Home Builders, and McGraw Hill Financial Global Institute, drew more than 80 attendees representing industry analysts, congressional staff, and... Read More