REALTORs demand Health Care Reform
June 16, 2008
In a recent survey, most REALTORs polled expressed concern regarding the current health care that is available for most small businesses is lacking and insufficient. They have now joined others in urging Congress to have voiced that opinion heard. One program that the National Association of REALTORs (NAR) is expressing support for is the Small Business Health Options (SHOP) program.
REALTORs see Stimulus Bill as possible Housing Stabilizer
May 23, 2008
The National Association of REALTORs has come out in support of the stimulus bill that as a means of helping to stabilize the housing sector. It is hoped that this will help slow down the home foreclosure rates that are rampant in many parts of the country. This can be achieved, it is believed, by allowing those persons that are in financial difficulty to be able to qualify and refinance their higher interest rate loans into a lower monthly payment that would enable them the opportunity to continue making payments on their home loan instead of possibly going into foreclosure.
REALTORs predict home prices and sales increase late 2008
May 16, 2008
At the National Association of REALTORs Midyear Legislative Meetings and Trade Expo on Thursday, the NAR’s chief economist Lawrence Yun stated that home prices and sales should start to increase for the 2nd half of 2008. A review of the past year of homes values and sales is also mentioned for 2007. Local market conditions are stated as still being the primary indicator for housing markets.
National Association of Realtors 2007 Annual Report
May 13, 2008
Some of the highlights in this article include the 2007 National Association of Realtors Annual Report. For convenient reference, there are also the reports from previous years of 2004, 2005, and 2006 as well. It touches on some of the main focuses and accomplishments for 2007 for the NAR. An excellent record of events for anyone wanting to analyze where the real estate industry was, and is going.
REALTORs believe Stimulus Bill will Stabilize Real Estate Markets
May 12, 2008
The National Association of REALTORs has voiced their opinion regarding the Stimulus Bill for homes and the real estate markets. Several additions to the original proposal are getting package into the bill including a $7500 tax credit for 1st time homes buyers that they hope will help buoy up the weakening housing markets.
REALTORS, Mayors recognize 6 cities
May 5, 2008
Six cities were recognized for their efforts to promote affordable housing in a recent NAR press release . The National Association of Realtors® and the U.S. Conference of Mayors have designated six cities as 2008 Ambassador Cities. The cities are Alexandria, Va., Allentown, Pa., Asheville, N.C., Bowling Green, Ky., Irvine, Calif., and Richmond, Va. For more information, click on the link above and go directly to the NAR press release.
Real Estate Sales Slip in March
April 25, 2008
According to a recent press release by the National Association of REALTORS, existing-home sales – including single-family, townhomes, condominiums and co-ops – were down 2.0 percent to a seasonally adjusted annual rate1 of 4.93 million units in March from a level of 5.03 million in February, and remain 19.3 percent below the 6.11 million-unit pace in March 2007. A rise in condo sales in March was offset by a drop in single-family sales. Regionally, sales rose in the Northeast and West but fell in the Midwest and South.
Real Estate Quote of the Week
"I often hear remarks from agents like, “the bank sold that house really cheap - 30% below market value”. I don’t agree with that kind of statement. If various banks are the only sellers selling in an area and they are selling all of their houses at a perceived “below market” sales price - perhaps that IS the market for that product in that area. A good price fixes any of the various bad conditions. There is no good reason to take (or keep) a listing that isn’t going to sell."
Russell Shaw - in AgentGenius from Phoenix AZPolls
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