Housing affordability is down from a year ago and fewer households can afford the active inventory of homes for sale, based on their income
News Releases
Founding CEO Dale Ross will be retiring as of May 1, 2018. RPR’s Jeff Young has been named chief operating officer/general manager and will assume responsibility for all RPR activities, reporting directly to NAR CEO Bob Goldberg.
Technology innovation in the real estate industry is robust, with a wealth of listing data available to consumers and technology companies from a multitude of sources. NAR plans to demonstrate the competitiveness in real estate brokerage in an upcoming FTC and DOJ workshop.
Realtors® commemorate the 50th anniversary of the fair housing act today, and recognize April as Fair Housing Month, with education and events for members and state and local Realtor® associations throughout the month.
Overall engagement among NAR members for the month of March 2018 soared to a record 178,000 a notable 16 percent increase from March 2017.
New consumer findings from NAR show that while a growing share of households feel more confident about the economy and their financial situation this year, extremely challenging market conditions to start the year has led to skepticism that this is a good time to buy a home.
The bill contains housing-related provisions important to REALTORS®,including alleviating the weakening of the Low-Income Housing Tax Credit (LIHTC) from the new tax law, and extending the National Flood Insurance Program (NFIP) through at least mid-summer.
Throughout March and April, Houselogic.com, the comprehensive website for homeowners, buyers and sellers from the National Association of Realtors®, along with real estate industry experts will answer consumers’ questions about the home buying process in a Q&A series on Facebook, titled “How to Buy a Home Step-by-Step.”
NAR testified in support of expanded association health plans before the U.S. House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions.
The exclusion for forgiven home mortgage debt following a foreclosure, short sale or loan modification should be made permanent to provide relief to troubled borrowers and minimize the damage to families, neighborhoods and communities.