Existing-home sales were down in May as temporary factors and financing problems weighed on the market.
The National Association of Realtors® supports comprehensive reform of America’s housing finance market that protects taxpayers and ensures the availability of affordable mortgage credit today and into the future.
REALTOR® Magazine’s Good Neighbor Society has announced the recipients of the third annual Volunteering Works program, which matches Realtors® who work on small-scale charitable efforts with mentors and awards them grant money.
Seventeen local and state Realtor® associations have been awarded over $60,000 through the Housing Opportunity Program Grants, a National Association of Realtors® grant program. The funds will be used by the associations to promote and expand affordable housing opportunities in their communities.
Pending home sales fell in April with regional variations following increases in February and March, with unusual weather and economic softness adding to ongoing problems that are hobbling a recovery.