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WATCH: July Housing Minute

2017-07-31T12:39:03-05:00July 31st, 2017|NAR|

  Homes continued to sell quickly in June, but the lean inventory levels in many markets caused existing-home sales to shift downward. The news was better for pending home sales, as contract activity increased last month for the first time since February. Click on the video above or visit https://www.nar.realtor/videos/housing-minute to watch a 50-second, animated… Continue Reading WATCH: July Housing Minute

In Two Months, the National Flood Insurance Program Expires

2017-07-31T09:30:12-05:00July 31st, 2017|NAR|

As the House and Senate continue their work to reauthorize the National Flood Insurance Program, the countdown to the program’s expiration continues as well. On September 30, the Federal Emergency Management Administration loses its authorization to write new flood insurance policies or renew existing policies for its customers. That means homeowners could potentially find their… Continue Reading In Two Months, the National Flood Insurance Program Expires

Realtors® Gather in Washington to Discuss Sustainability

2017-07-28T14:57:37-05:00July 28th, 2017|NAR|

This week, NAR hosted the 2017 Sustainability Summit in Washington, D.C.  Over the course of two days, Realtors® and industry professionals gathered to discuss emerging trends in energy efficiency and ways sustainability is shaping the market. NAR 2017 President-elect Elizabeth Mendenhall kicked off the summit and spoke about the importance of sustainability in real estate.… Continue Reading Realtors® Gather in Washington to Discuss Sustainability

Instant Reaction: Q2 GDP

2017-07-28T08:05:25-05:00July 28th, 2017|NAR|

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on Q2 GDP: “The second quarter GDP growth rate was still unimpressive despite doubling the pace from the first quarter. The latest 2.6% expansion is still below the long-term historical average of 3.1% and what President Trump had campaigned… Continue Reading Instant Reaction: Q2 GDP

June 2017 Existing-Home Sales

2017-07-26T16:16:27-05:00July 26th, 2017|NAR|

• NAR released a summary of existing-home sales data showing that housing market activity this June fell 1.8 percent from last month but improved 0.7 percent from last year. June’s existing home sales reached the 5.52 million seasonally adjusted annual rate. • The national median existing-home price for all housing types was $263,800 in June,… Continue Reading June 2017 Existing-Home Sales

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