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Latest Realty News from NAR

Realtors®, House Financial Services Committee Reach Agreement to Move Key Flood Insurance Legislation Forward

WASHINGTON (July 20, 2017) – The National Association of Realtors® today said that significant improvements to the “21st Century Flood Reform Act,” key legislation aimed at strengthening and reauthorizing the National Flood Insurance Program, have cleared the way for endorsement of the bill. Among the changes, Realtors® support the House Financial Services Committee’s commitment to retaining “grandfathering” – a policy that protects homeowners from... Read More

Foreign U.S. Home Sales Dollar Volume Surges 49 Percent to Record $153 Billion

WASHINGTON (July 18, 2017) – Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated.

This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors ®, which also revealed that nearly half of all foreign sales were in three states: Florida, California and Texas.

NAR’s 2017 Profile of International... Read More

84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern

WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans.

The survey, www.nar.realtor/reports/housing-pulse-surveys, measures consumers’ attitudes and... Read More

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Testimonials

As you may remember, building a home was a “Bucket list” item for us. With a new home build, we were able to get the floor plan we envisioned in a great neighborhood. It was a big decision to build – so many people told us it would be a nightmare to build – but with you it was a wonderful and clearly stated collaborative process- thanks to: • your accessibility and incredibly fast response to our initial questions • your guidance from the initial contract meeting and initial planning meeting • your accessibility and incredibly fast ongoing response to our questions throughout the process • your thoughts during each walk through to insure all as we planned was in place before the finished product • and also thanks to Terri’s help with the original sale and ongoing questions we had We truly love our new home and loved working with you. You provide service before the sale, during the build and are committed to continued service after the sale, and when it is needed. Your integrity before the sale was important to our decision – and it showed throughout the process. JoAnne Fournier and Mary Jo Brenner
“All my friends told me to beware about the nightmares associated with building, well at final walk through I told Mr. Alaimo my friends now tell me they don’t want to hear any more about how great my experience was. I guess they’re jealous.” Doreen Watson
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