Existing-home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly. Sales gains in the Midwest and South were offset by declines in the Northeast and West. Single-family home sales were stable while the condo sector weakened.
As NAR’s Home Ownership Matters bus crosses Alabama this week, Realtors® are providing assistance to victims of the April 27 tornadoes with funds raised from Realtor® donations across the country.
In a letter to Shaun Donovan, secretary of Housing and Urban Development; Timothy Geithner, secretary of the Treasury; and Gene Sperling, director of the National Economic Council, NAR offered its recommendations for helping stabilize and revitalize the housing industry and economy.
As policymakers consider changes to government programs and incentives that could dramatically change the nature of home ownership in this country, the National Association of Realtors® is once again bringing these issues to people across the country with the second phase of the Home Ownership Matters Bus Tour.
The Home Ownership Matters Bus Tour will be at Atlantic Station on July 16 from 11 a.m.-3 p.m. Members of the public can meet with national Realtor® leaders and local officials to discuss their concerns and learn more about the issues that may affect their ability to buy, sell or own a home in the future.