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Real Estate News!!!

Latest Realty News from NAR

Pending Home Sales Lift Off in April to Over 10-Year High

WASHINGTON (May 26, 2016) — Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors®. All major regions saw gains in contract activity last month except for the Midwest, which saw a meager decline.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, hiked up 5.1 percent to 116.3 in April from an upwardly revised 110.7 in March and is now 4.6 percent above April 2015 (111.2). After last month... Read More

RealtorĀ® Volunteering Works Program Announces 2016 Mentoring and Grants Recipients

WASHINGTON (May 25, 2016) — REALTOR® Magazine and the Good Neighbor Society have announced the recipients of the eighth annual Volunteering Works grants and mentoring; the program matches Realtors® who work on small-scale charitable efforts with mentors and awards them grant money.

The five Volunteering Works recipients will receive a $1,000 seed grant and a year of one-on-one mentoring from a member of the Good Neighbor Society, comprised of past recipients of the National Association of Realtors®' annual REALTOR® Magazine Good Neighbor... Read More

Existing-Home Sales Rise in April for Second Straight Month

WASHINGTON (May 20, 2016) — Despite ongoing inventory shortages and faster price growth, existing-home sales sustained their recent momentum and moved higher for the second consecutive month, according to the National Association of Realtors®. A surge in sales in the Midwest and a decent increase in the Northeast offset smaller declines in the South and West.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and... Read More

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