Existing-Home Sales Rebound in December, 2014 Total Sales Finish 3 Percent Below 2013
WASHINGTON (January 23, 2015) – Despite low inventory conditions, existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months, according to the National Association of Realtors®. Median home prices for 2014 rose to their highest level since 2007, but total sales fell 3.1 percent from 2013.
Total existing-home sales1,... Read More
REALTOR® Magazine Seeks Entries for 2015 Volunteering Works Program
WASHINGTON (January 22, 2015) – Realtors® not only help people realize their dream of homeownership, they also volunteer countless hours to help improve the communities in which they live and work. For seven years, REALTOR® Magazine’s Good Neighbor Society has helped Realtors® broaden and shape their charitable efforts through the Volunteering Works grant and mentoring program. The program, which matches expert mentors to Realtors® who are looking to expand and improve their community service outreach, is... Read More
Realtors® Join Coalition to Pass Patent Litigation Reform, Protect Real Estate Industry from Frivolous Lawsuits
WASHINGTON (January 15, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron:
“NAR has joined the United for Patent Reform coalition along with a diverse group of American businesses to pursue comprehensive solutions to abusive patent litigation, which costs the U.S. economy billions of dollars every year.
“As a member of United for... Read More
Small, Exterior Home Improvements Offer the Best Value Investments in 2015, Say Realtors®
WASHINGTON (January 12, 2015) – Homeowners often consider various remodeling and replacement projects as a way to add value to their homes. Some projects add more value and better recoup their costs than others, according to Realtors® who rated small and exterior projects as the most valuable home improvement projects in the 2015 Remodeling Cost vs. Value Report. Compiled annually in collaboration with Hanley Wood's Remodeling Magazine, the report compares changes in home improvement project costs with Realtors®’ perceptions... Read More
Realtors® Applaud Six-Year Reauthorization of Federal Terrorism Risk Insurance Program
WASHINGTON (January 8, 2015) – The following is a statement by National Association of Realtors® President Chris Polychron:
“Realtors® applaud the U.S. House of Representatives and U.S. Senate for prioritizing the reauthorization of the federal terrorism risk insurance program and quickly passing the Terrorism Risk Insurance Act, which authorizes the program for six... Read More