National Association of Realtors
Recent News About National Association of Realtors
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Existing-home sales in the United States saw a significant rise in November, according to data from the National Association of Realtors (NAR).
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The National Association of Realtors (NAR) has identified ten top housing markets for 2025, based on a range of economic, demographic, and housing factors.
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Pending home sales in the United States rose by 2.0% in October, marking the third consecutive month of increases, according to data from the National Association of REALTORS (NAR).
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The U.S. District Court for the Western District of Missouri has given final approval to the National Association of Realtors' (NAR) proposed settlement agreement concerning class action claims related to broker commissions.
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MEXICO CITY (May 15, 2024) – Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has announced the selection of eight companies for the second annual REACH Latin America (LATAM) cohort. The selected companies will join a portfolio of more than 250 technology firms across six major markets worldwide.
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The National Association of Realtors® (NAR) has announced that applications are now open for the "Pitch Battle" competition. The contest is set to take place at the 2024 Innovation, Opportunity & Investment (iOi) Summit, a premier event for real estate technology. The iOi Summit, now in its sixth year, will be held from August 28-29 in Chicago, Illinois.
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Tech leaders discussed the integration of artificial intelligence and augmented reality in real estate business practices at the 2024 REALTORS® Legislative Meetings. The panel explored how these technologies are transforming the industry and shaping the future of real estate transactions.
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Lawrence Yun, Chief Economist for the National Association of Realtors®, shared insights on the real estate market during the "Residential Economic Issues & Trends Forum" at NAR's 2024 REALTORS® Legislative Meetings. He predicts a rise in existing-home sales and falling long-term interest rates. Yun anticipates an increase in existing-home sales to 4.46 million in 2024 and 5.05 million in 2025, with continued growth over the next decade.
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Washington (May 6, 2024) — Former members of Congress Joe Cunningham and Trey Gowdy joined the National Association of Realtors® (NAR) for a bipartisan look at the political landscape during the Federal Legislative and Political Forum to kick off the 2024 Realtors® Legislative Meetings in Washington, D.C.
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The annual Property Management Forum held at the Realtors® Legislative Meetings in Washington, D.C., brought together industry leaders, members of local and state associations of Realtors®, federal advocacy organizations, and professionals from across the property management spectrum to discuss pressing issues facing the sector. The event served as a platform for robust discussions on rent control, tenant protection efforts, insurance challenges, and the state of commercial real estate in the wake of the pandemic.
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A coalition of housing trade groups has expressed their appreciation for the establishment of the Bipartisan Congressional Real Estate Caucus, thanking Reps. Mark Alford, J. Luis Correa, Tracey Mann, and Brittany Pettersen for their initiative. The National Association of Realtors® (NAR), National Association of Home Builders (NAHB), Mortgage Bankers Association (MBA), American Land Title Association (ALTA), National Apartment Association (NAA), U.S. Mortgage Insurers (USMI), National Multifamily Housing Council (NMHC), Asian Real Estate Association of America (AREAA),...
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The Center for REALTOR® Development has announced a strategic partnership with Shaping Wealth to provide training programs aimed at equipping agents with essential human-centric skills for success in the real estate market. Marc Gould, NAR chief learning officer and CRD board member, emphasized the commitment to empowering agents with the necessary tools, stating, "Partnering with Shaping Wealth enhances our members' ability to serve their clients with empathy, integrity, and professionalism."Dr. Joy Lere, a licensed clinical psychologist and co-founder of Shaping Wealth,...
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WASHINGTON (May 1, 2024) — Today, the Department of Housing and Urban Development (HUD) and the Government-Sponsored Enterprises (GSEs) introduced a new process to allow consumers to request a reappraisal of their property valuations. This initiative aims to provide consumers with a platform to challenge appraisal values when purchasing a home or refinancing a mortgage."We applaud HUD and the GSEs for establishing this process so consumers can more readily obtain a second look at appraisals when they disagree with them," stated Bryan Greene, NAR's vice president of policy...
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Charitable giving among Realtors® and Realtor® associations has shown a significant increase, as revealed in the 2024 Community Aid and Real Estate Report issued by the National Association of Realtors®. The report highlights the enhanced monetary and volunteer contributions made by NAR members, broker-owners, and AEs or MLS staff in the past year.According to NAR President Kevin Sears, a broker-partner of Sears Real Estate, Realtors® have shown remarkable dedication to giving back to their communities. Sears stated, "Realtors® are intertwined with and engaged in their...
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Pending home sales increased 3.4% in March.Month over month, contract signings rose in the Northeast, South and West but dropped in the Midwest.Compared to one year ago, pending home sales declined in the Northeast and South while the Midwest and West improved.WASHINGTON (April 25, 2024) – Pending home sales in March climbed 3.4%, according to the National Association of REALTORS®. The Northeast, South and West posted monthly gains in transactions while the Midwest recorded a loss. Year-over-year, the Northeast and South registered decreases but the Midwest and West...
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Existing-home sales in the United States saw a decline of 4.3% in March, with a seasonally adjusted annual rate of 4.19 million, as reported by the National Association of REALTORS®. This drop marks a 3.7% decrease from the previous year. The median existing-home sales price also experienced an increase, reaching $393,500, the highest price ever recorded for the month of March and marking the ninth consecutive month of year-over-year price gains.NAR Chief Economist Lawrence Yun commented on the current state of the housing market, noting that while home sales are...
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Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the most active global real estate technology fund, has revealed the eight companies selected to participate in the 2024 REACH program. Mark Birschbach, NAR's senior vice president for strategic business innovation and technology, emphasized the program's goal of driving innovation in real estate technology, stating, "Our aim is to push the boundaries of what's possible, equipping agents who are Realtors® with tools and insights that foster exceptional client service and...
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The National Association of Realtors® has recently announced a new partnership with SoFi, providing exclusive financial benefits for NAR members and their clients. Rhonny Barragan, NAR vice president of strategic alliances, expressed excitement about the collaboration, stating, "This partnership amplifies our support for the diverse financial needs of our members." SoFi's vice president and business lead, Michael Bourgeois, also shared his enthusiasm for the partnership, saying, "We're extremely excited to partner with NAR to provide a one-stop financial solution to their...
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Millennials have surged ahead to become the largest group of home buyers, marking a significant shift in the housing market's demographic landscape, according to the latest report from the National Association of Realtors®."The generational tug-of-war between millennials and baby boomers continued this year, with millennials rebounding to capture the largest share of home buyers," said Dr. Jessica Lautz, NAR deputy chief economist and vice president of research. "This notable rise is attributed to both younger millennials stepping into homeownership for the first time and...
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The National Association of Realtors® and Realtor.com® recognized three outstanding individuals with the Fair Housing Champion Award during the Fair Housing Month event titled "Many Rivers to Cross: America’s Ongoing Fair Housing Journey."According to NAR President Kevin Sears, "Affordability and fair housing remain the most significant challenges confronting the real estate industry today, and I am immensely proud of the dedication displayed by our award recipients in expanding access to homeownership."One of the winners, Eve B. Lee from Lake County, Illinois, has been...