The following is a statement by National Association of Realtors® President Richard F. Gaylord:
“The National Association of Realtors® is truly relieved that members of the U.S. House of Representatives, like their counterparts in the Senate, were able to come together in a bipartisan effort to pass the Emergency Economic Stability Act of 2008. As we [...]

Median home prices fell in more than three-quarters of U.S. cities in the second quarter, the latest sign of the breadth of the housing market decline, according to new data Thursday.
Nevertheless, home sales rose in areas where the market is flooded with foreclosures, indicating that borrowers are taking advantage of steep discounts.
Nevada and California, battered [...]

Modest near-term movement is expected in existing-home sales, with a recovery in sales seen during the second half of the year, according to the latest forecast by the National Association of Realtors.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in May, fell 4.7 percent to 84.7 from an upwardly revised reading [...]

A measurement of pending home sales fell to the third-lowest reading on record in May as the housing market’s recovery continued to prove elusive.
The National Association of Realtors’ seasonally adjusted index of pending sales for existing homes fell 4.7 percent to 84.7 from an upwardly revised April reading of 88.9. The index was 14 percent [...]

After falling for six straight months, sales of existing homes posted an unexpected increase in February. But the median home price tumbled by the largest amount on record.
The National Association of Realtors said that sales of existing homes rose by 2.9 percent in February to a seasonally adjusted annual rate of 5.03 million units. [...]

So far this year, the developer of the oceanfront Costa Verano condos has reported a 17 percent national default, referring to buyers who walked away from their contracts and their six-figure deposits.
But that wasn’t the case for the Costa Verano at 1031 First St. S. and defaults have been few with new condos in Jacksonville [...]

We’ve been talking about real estate licensing laws, admittedly an exercise in futility. Whatever arguments I might make for repeal, it remains that the Arizona Department of Real Estate is not going to dry up and blow away like tumbleweed.
But here’s an important question: Who do real estate licensing laws benefit?
If you thought of consumers, [...]

Patty McNally has joined a very elite group of realtors, earning the coveted Resort and Second-Home Property Specialist certification. McNally is one of only 250 realtors nationwide to achieve the certification and one of only two realtors in Missouri to be so recognized. McNally will be a charter member of the RSPS organization. Second-home purchases [...]

Even as experts fret over a dramatic burst of the bulging U.S. real estate bubble that might send prices plunging across the nation, the land and housing values in the Potomac Highlands are defying the trend.
“With an average unit price of $174,503 and a lot of wild life,” the RealtyTimes.com reported last month, “the buyers [...]

MANATEE - The bad news: the number of existing-home sales fell 8 percent in Bradenton-Sarasota in January, compared to a year earlier. The good news: Bradenton-Sarasota was the second strongest performing market in the state, which saw the number of sales fall 27 percent.
Helping more homes change hands was a 20 percent fall in the [...]

In a year when home prices fell in many areas of New York City and the nation, the average Brooklyn home price rose nearly 8 percent in 2006, according to a report released by a New York-based real estate appraisal firm, HMS Associates.
HMS, a full-service firm, has been appraising residential and commercial property since 1998 [...]

Mortgage applications for U.S. home purchases and refinancing rose last week when long-term borrowing costs dipped, an industry trade group said on Wednesday, but other housing measures were mixed.
Stock and bond market turbulence on Tuesday yanked some Treasury yields to two-month lows, signaling a further slide infixed mortgage rates that should fuel home sales in [...]