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This week, thousands of REALTORS® from all over the U.S. gather in Washington, DC, for a week of governance meetings, educational sessions, networking and, most of all, political advocacy. The REALTORS® Legislative Meetings & Trade Expo is an annual event reaching back to the early 1980s, a forum in which NAR’s members can meet with [...]
HUD Secretary Dr. Ben Carson speaks at the Regulatory Issues Forum at the 2017 REALTORS® Legislative Meetings & Trade Expo in Washington, DC. WASHINGTON (May 16, 2017) — Potential homebuyers have a lot to contend with from tight credit and low inventory to rising prices. But for buyers who are able to muscle past these [...]
WASHINGTON (May 16, 2017) – Nearly 9,000 Realtors® and industry guests are descending upon Washington this week to address regulators and members of Congress on key industry issues, including national flood insurance, tax reform and sustainable homeownership. Realtor® members will visit U.S. House and Senate offices to urge Congress to pass a multiyear reauthorization of [...]
If you’re an environmentally conscious real estate professional, you’re in good company. The house was packed at the Land Use, Property Rights, and Environment forum during the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C., on Tuesday, with a ballroom full of practitioners eager to discuss pressing environmental concerns in their markets. Amanda Stinton, [...]
Ron Insana Half a dozen years after the economic crisis the American economy is strong and poised to see continued growth as millennials enter the workforce and form households, CNBC commentator Ron Insana told several thousand REALTORS® at the Legislative Conference & Trade Expo in Washington on Tuesday. Economic strength is likely to survive even [...]
The 2017 Member Profile is out—let’s take a closer look at the demographics of the NAR membership this year. Sixty-three percent of members are female, that’s two thirds of all agents. As years of experience increase, so does the presence of men. With 16 years of experience or more, 40 percent are male. Appraisers are [...]
The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on April residential construction: “With housing starts declining in April, inventory shortages will continue for a longer period of time. The intensifying housing shortage will push up home prices and rents, and easily above wage growth and the broad [...]
WASHINGTON (May 15, 2017) — The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National Association of Realtors®. Metro home prices have now accelerated for three [...]
Washington’s airports and roadways are beginning to jam up more than usual starting today as nearly 10,000 Realtors® descend upon the nation’s capital for the 2017 REALTORS® Legislative Meetings & Trade Expo at the Marriott Wardman Park. There are a plethora of noteworthy sessions at this year’s conference on many timely subjects, including tax reform, flood [...]
It’s no surprise today’s first quarter metro price report revealed that prices accelerated for the third straight quarter. That’s what happens when sales are strong and inventories remain near record lows. What is amazing is just how fast some metro areas are moving. Seventeen percent of markets saw double-digit appreciation last quarter and many hovered just [...]