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Pending home sales rose slightly in December, with a large increase in the Northeast that outpaced declines in the other three regions of the U.S.
Led by the South and West, all four major regions of the U.S. saw large increases in December existing-home sales.
NAR members now have access, through the REALTORS® Insurance Marketplace, to vision insurance plans and a telemedicine service plan.
To help Realtors® keep up with the latest mobile and online technologies, NAR is continuing its one-day technology conference series, NAR Tech Edge.
NAR's Center for REALTOR® Development now offers an online Pricing Strategies Advisor certification, to meet demand for property assessment expertise.
2016 existing-home sales are expected to rise moderately in a balance between pent-up buyer demand, higher prices, and meager economic growth.
Pending home sales slightly declined for the third time in four months as buyers battle rising home prices and limited homes available for sale.
Existing-home sales dropped to the slowest pace in 19 months. Some of the decrease possibly because of an apparent rise in closing timeframes.
The legislation, which supports homeowners and real estate investment, was passed by Congress and will be signed into law by the President.
Mortgage Debt Cancellation Relief, Energy Efficiency and Climate Change, Internet Tax Moratorium, Internet Sales Tax Fairness, Government-Sponsored Enterprises GSEs, Basel Capital Standards, Clean Water Act, Rural Housing Programs, Private Property Rights and Eminent Domain, Foreign Investment in Real Property Tax Act (FIRPTA), National Flood Insurance Program
Half of surveyed households believe the economy is improving, and nearly all young renters eventually want to buy a home.