News on National Association of REALTORS

Rates fall after mixed economic news

2010-02-26T14:45:39Z

<div id="subtitle">Interest rates fall after GDP is revised higher but home sales fall; Treasurys demand higher</div><div><p>Interest rates fell in the bond market Friday after another surprisingly weak economic reading.</p><p>The National Association of Realtors said sales of existing homes fell for the second straight month. Analysts expected the trade group to re...

Housing market shows weakness for 2nd month

2010-02-26T13:00:37Z

<div id="subtitle">Big drop in January home sales show housing market could falter after federal support ends</div><div><p>Sales of previously owned homes plunged in January to their lowest level since summer, evidence that high unemployment and tight lending standards are undercutting the government's attempts to prop up the market.</p><p>The results Friday, the weakest since June, were far worse than forecast and suggest the housing recovery will sputter wit...

US existing-home sales dip 7.2% in January

2010-02-26T08:16:49Z

<div><p>US existing-home sales fell to their lowest level in seven months in January, industry data showed Friday, highlighting ongoing woes for a sector that was at the epicenter of the financial crisis.</p><p>The National Association of Realtors (NAR) said sales of single-family and townhomes and condominiums dropped 7.2 percent to a seasonally adjusted annual rate of 5.05 mi...

US existing-home sales dip 7.2 percent in January

2010-02-26T08:16:11Z

Existing home sales unexpectedly plunge in January

2010-02-26T07:15:45Z

<div><p>WASHINGTON (Reuters) - Sales of previously owned homes in the United States unexpectedly plunged in January, an industry survey showed on Friday, fresh evidence the housing market has yet to find stable ground.</p><p>The National Association of Realtor...

Calendar of business events scheduled for Friday

2010-02-25T08:45:25Z

<div id="subtitle">Calendar of major business events scheduled for Friday</div><div><p>Major business events and economic events scheduled for Friday:</p><p>WASHINGTON — Commerce Department releases fourth-quarter gross domestic product, 8:30 a.m. EST</p><p>WASHINGTON — Nat...

Realtors give commercial real estate outlook

2010-02-23T15:31:01Z

<div id="subtitle">Realtors group: No meaningful recovery expected in commercial real estate this year</div><div><p>The commercial real estate market is not expected to recover this year, with vacancy rates set to rise and rents forecast to fall, the National Association of Realtors said Tuesday.</p><p>No meaningful recovery is expected to come before 2011, as conce...

Pending Home Sales Rise in December

2010-02-22T12:25:44Z

<div id="subtitle">Report suggests slight improvement in housing market</div><div><p> People hoping to sell their homes may have reason for some cautious optimism. The National Association of Realtors (NAR) reports its Pending Home Sales Index rose slightly in December.</p><p>The index is based on the contracts sold in...

US existing-home sales dive in December

2010-02-22T15:09:41Z

<div><p>US existing-home sales plunged in December following a buyers' rush to snap up tax credits, industry data showed Monday, signaling a murky outlook for the ailing sector.</p><p>The National Association of Realtors (NAR) said sales fell a record 16.7 percent to a seasonally adjusted annual rate of 5.45 million units.</p>&l...

US existing-home sales plunge in December

2010-02-22T15:13:03Z

<div><p>US existing-home sales plunged in December following a buyers' rush to take advantage of tax credits, industry data showed Monday, signaling a murky outlook for the troubled sector.</p><p>The National Association of Realtors (NAR) said sales fell 16.7 percent to a seasonally adjusted annual rate of 5.45 million units, while prices rose 1....

US existing home sales fall in December

2010-02-22T15:13:28Z

<div><p>Sales of US existing homes fell more than expected in December, by nearly 17 percent, following a three-month surge driven by a government tax credit, an industry organization said Monday.</p><p>The National Association of Realtors (NAR) said sales fell 16.7 percent to a seasonally...

December home sales down nearly 17 percent

2010-02-22T15:24:19Z

<div id="subtitle">Home sales plunge nearly 17 percent in December after tax credit deadline extended</div><div><p>Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.</p><p>The report reflects a sharp drop in demand after buyers stopped scrambling to qualify for a...

Real Estate Agent - Tips For Selecting a Realtor

2010-02-22T15:39:06Z

If you are getting ready to purchase a home or to sell a piece of property, it is obviously a very important decision. In fact, for most home buyers, the purchase is the single largest expenditure they will make in a lifetime. Home buyers will probably spend a great deal of time deciding on the right house and even longer working through all the necessary documentation and paperwork. It would be prudent to spend at least some time in choosing the right real estate agent.<br>&...

Pending Home Sales Plunge In November

2010-02-23T00:46:50Z

<div id="subtitle">Sales drop just ahead of expected end to tax credit</div><div><p> The latest indicator on the health of the housing market is not encouraging, but is also not unexpected. Pending Home Sales plunged in November after rising sharply in October, according to the National Association of Realtors.</p>...

Pending home sales tumble 16 percent in November

2010-02-23T01:09:06Z

<div><p>WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes fell more than expected in November because of the end of a rush to beat the initial expiration of a popular tax credit, a survey showed on Tuesday.</p><p>The US existing homes surged 7.4 percent in November to the highest level since February 2007, as buyers rushed to take advantage of tax credits, industry figures showed Tuesday.</p><p>The National Association of Realtors said sales rose to a seasonally adjusted annual rate of...

Existing home sales up 7.4 percent in November

2010-02-23T14:03:12Z

<div><p>WASHINGTON (Reuters) - Sales of previously owned homes in the United States surged last month as prices continued to fall and buyers rushed to take advantage of a popular tax credit, the National Association of Realtors (NAR) said on Tuesday.&a...

IN MOST OF AMERICA, HOME PRICES CREEP UP

2010-02-23T14:21:49Z

<div><h1>IN MOST OF AMERICA, HOME PRICES CREEP UP </h1><p>Residential real estate prices have increased by about 5%, adjusted for inflation, since the end of the first quarter. As the inventory of existing homes for sale shrinks, a housing recovery could solidify. Sales have increased sharply in some of the hardest-hit states. </p><p>table (available o...

Pending Home Sales Rise In October

2010-02-23T22:11:22Z

<div id="subtitle">Housing news bullish for ninth consecutive month</div><div><p> The nation's realtors reported more encouraging housing news today, releasing a report showing that pending home sales rose in October for the ninth month in a row.</p><p>The National Association of Realtors (NAR) says that's the first ti...