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Real Estate News
Real Estate News and Trends
05/15/09 NAR: FHA Market Share Must Be Supported
  The National Association of REALTORS® urged Congress to invest resources that will ensure FHA’s continued role in stabilizing housing.
05/15/09 Homes May Be Undervalued Today
  Distressed sales, which today comprise about 50 percent of transactions nationwide, are creating market distortions in otherwise stable neighborhoods.
05/14/09 Many States Already Monetizing Tax Credit
  Even before HUD's announcement this week, nearly a dozen states have been providing bridge loans for down payments through their housing finance agencies.
05/04/09 NAR: Pending Home Sales, Affordability Rise
  The National Association of REALTORS and the National Association of Mortgage Brokers say there hasn't been enough time allotted to prepare for changes in the new Fannie Mae and Freddie Mac rules governing property appraisals.
04/27/09 NAR: Mortgage Lending Reform Needed
  "We must strike an appropriate balance between safeguarding consumers and making sure they have access to mortgages at a reasonable cost," NAR President Charles McMillan says.
03/23/09 First-time Buyers Drive February Sales
  First-time buyers accounted for half of all home sales last month. Read more from NAR's latest report on existing-home sales.
03/03/09 Pending Sales Down, Affordability at Record
  Pending home sales declined on the heels of a weakening economy and with some buyers waiting for clarity on housing stimulus provisions, according to the National Association of Realtors.
02/12/09 Stimulus Advances With Tax Credit Changes
  House and Senate conferees have eliminated the repayment requirement on the home buyer tax credit, a move backed by NAR.
01/26/09 Existing-Home Sales Show Surprising Gain
  Existing-home sales rose in December while inventory declined, led by a surge of sales in the West, according to NAR's latest report.
01/16/09 NAR: Buyers Need Higher Loan Limits
  The drop in mortgage loan limits for conventional financing at the end of 2008 is hurting home sales and trade-up activity in higher price ranges across the country, according to NAR.
01/12/09 Bill Aims to Stabilize Housing, Stem Foreclosures
  "Housing has always led this country out of economic downturns, and this bill recognizes that the key to bolstering the overall economy is creating stability in the real estate markets," NAR President Charles McMillan says.
01/06/09 Economic Slump Dampens Pending Home Sales
  Pending home sales weakened in November. Find out more from NAR's latest market forecast.
12/23/08 NAR: Poor Economy Takes Toll on Home Sales
  Read the latest report from NAR on existing-home sales nationally and regionally, and find out what NAR officials are saying needs to be done to get the housing market moving again.
12/09/08 NAR: Pending Home Sales Holding Steady
  Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to NAR's latest report.
12/04/08 Channel 5 News features Townhomes on Myrtle St in Watertown
  See the video clip that aired on Channel 5 Boston News.
12/02/08 Remodeling Projects With the Highest Returns
  Find out what gets the most bang for your buck in home remodeling projects. REALTOR magazine reports on findings from the 2008 Remodeling Cost vs. Value survey.
11/25/08 Mel Martocchia is selected Massachusetts REALTOR® of the Year for 2008
  The state’s REALTOR® of the Year is selected annually from among the nominees of the 16 local associations of REALTOR® and more than 21,000 REALTORS® in Massachusetts.
11/24/08 Existing-Home Sales Down as Buyers Hesitate
  Single-family home sales fell 3.3 percent to 4.43 million in October from 4.58 million in September, but are unchanged from the year earlier.
11/20/08 NAR: Commercial Real Estate Index Slows
  Among the market challenges, property owners face trouble rolling over debt in the coming months.
11/18/08 NAR: Latest Housing Report on Sales, Prices
  Find out which markets are posting the largest sales gains and declines, and a snapshot of sales by region, based on NAR's housing data.
11/13/08 NAR Against Full Privatization of Fannie, Freddie
  NAR has adopted principles that recommend continued government involvement in the secondary mortgage market.
11/07/08 Pending Home Sales Down 4.6% in September
  The decline came on the heels of a strong gain in August. However, compared with a year ago, the index was up slightly.
11/07/08 Obama Will Support Housing, Says NAR
  President-elect Barack Obama is likely to make a housing market recovery a central part of his economic revival plan, NAR leaders said Thursday.
11/03/08 NAR Tells Lawmakers: Be Decisive on Housing
  Reducing interest rates by just 1 percentage point could result in up to 840,000 additional home sales and pick up slack in housing inventory.
10/13/08 Apartment Rent Growth Slows in Third Quarter
  Apartment rents grew more slowly in the third quarter than they have since 2003. Here's a list of markets with the biggest declines and those that improved the most in the past year.
10/13/08 Law Makes Housing Affordable for Veterans
  The law will make it easier for veterans who have fallen victim to risky subprime loans to refinance their loans into safer, more affordable loans.
10/09/08 First-Time Buyer Tax Credit: Why Buy Now
  The homeownership incentive that the federal government created earlier this year is a tool to encourage your customers to get into the market today.
10/08/08 Pending Home Sales Up Sharply
  Lower prices and affordable interest rates pushed up signed contracts 7.4 percent in August, NAR reports.
10/06/08 Rescue Bill Not Perfect, But Still Best Solution
  NAR President Dick Gaylord says the association will continue to work with Congress to make sure the measures included in the bill are implemented quickly.
10/02/08 NAR Applauds Senate Stabilization Action
  Liquidity for mortgage lending is at stake, NAR says.
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