Realtors® Applaud Calabria, FHFA Investment in Housing Affordability Solutions

WASHINGTON (February 28, 2020) - National Association of Realtors® President Vince Malta issued the following statement in response to reports that the Federal Housing Finance Agency – under the direction of Mark Calabria – allocated $502.2 million to the National Housing Trust Fund and the Capital Magnet Fund, marking the GSE’s largest-ever contribution to the [...]

By |2020-02-28T17:18:20+00:00February 28th, 2020|Uncategorized|0 Comments

Pending Home Sales Ascend 5.2% in January

“We are still lacking in inventory,” he said, noting December’s and January’s combined supply was at the lowest level since 1999. “Inventory availability will be the key to consistent future gains.”Pointing to data from active listings at realtor.com®, Yun says the year-over-year increases show a strong desire for homeownership. Markets drawing some of the most [...]

By |2020-02-27T14:36:15+00:00February 27th, 2020|Uncategorized|0 Comments

Racial Disparities Persist on Path to Homeownership

While the overall U.S. homeownership rate has been rising, it's not equal among all races.The National Association of REALTORS® released a report Tuesday, “Snapshot of Race & Home Buying in America,” that breaks down ownership rates by race across the country. For non-Hispanic white Americans, the homeownership rate consistently stayed above 71% from 2016 to 2019, [...]

By |2020-02-26T19:07:33+00:00February 26th, 2020|Uncategorized|0 Comments

January 2020 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this January declined 1.3% from December 2019. January’s sales of existing homes improved 9.6 % from January 2019. January’s existing-home sales reached a 5.46 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $266,300 in January, [...]

By |2020-02-25T17:53:57+00:00February 25th, 2020|Uncategorized|0 Comments

VA and Partners Proudly Serving Veterans

VA Loan Guaranty Service employees and representatives of the private industry describe the benefits of the VA Home Loan and why they serve Veterans. For more information, visit https://www.va.gov/housing-assistance. For NAR's position on this issue, visit the Veterans Affairs topic page.

By |2020-02-25T15:58:31+00:00February 25th, 2020|Uncategorized|0 Comments

Minority Homeownership Rates Continue to Lag Behind the National Average, NAR Finds

WASHINGTON (February 25, 2020) – The United States homeownership rate has recently seen a rebound to 65.1% in the fourth quarter of 2019 from a low of 62.9% in the second quarter of 2016. While the increase in the overall homeownership rate is encouraging, there continues to be a significant racial homeownership gap in America [...]

By |2020-02-25T11:08:16+00:00February 25th, 2020|Uncategorized|0 Comments

A Matter of Place

[NEAL (TESTER)]I was shown a nice apartment on the top floor by the super of the building. We were looking around and poking around, as you do, looking into the closets and this and I’m like, “Oh, this looks nice!” “Yeah, OK. I got to get my wife to come and see this!”   And we [...]

By |2020-02-24T22:05:35+00:00February 24th, 2020|Uncategorized|0 Comments

Second Century Ventures Continues Global Expansion of REACH Accelerator

CHICAGO (February 24, 2020) - Second Century Ventures, the strategic investment arm of the National Association of Realtors®, announced Monday plans to expand the REACH Accelerator program to Canada.The award-winning REACH accelerator aims to recruit and accelerate the most promising new technologies in the real estate industry and nurture their success around the world. Canada’s [...]

By |2020-02-24T15:51:02+00:00February 24th, 2020|Uncategorized|0 Comments

NAR Attends Census Hearing

NAR staff attended a House Oversight and Reform Committee hearing on the upcoming decennial census. Census Bureau Director Dr. Steven Dillingham, and two representatives from the Government Accountability Office (GAO) provided testimony regarding the Census Bureau’s efforts regarding this year’s census. Members of the committee had many questions for the director regarding new technology, data [...]

By |2020-02-21T22:19:29+00:00February 21st, 2020|Uncategorized|0 Comments