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Online real estate agents get equality
In a win for online discount real estate brokers, the Justice Department and the National Association of Realtors announced a settlement Tuesday that will let Internet brokers use the same for-sale home listings used by traditional bricks-and-mortar brokers. The Justice Department says the proposed antitrust settlement...
Tags: Litigation, NAR, settlement, U.S. Department of Justice
Research articles 2008-05-28
Realtors(R) Urge Increased National Loan Limit as Vital to Housing Market
To: REAL ESTATE EDITORS Contact: Mary Trupo of the National Association of Realtors, +1- 202-383-1007, mtrupo@realtors.org WASHINGTON, March 6 /PRNewswire-USNewswire/ -- The National Association of RealtorsR today called on the U.S. Senate to enact reform legislation for the nations government-sponsored enterprises GSEs that will protect the vibrancy, liquidity and...
Tags: FINANCE, NAR, National Association of Realtors, U.S. Senate
Research articles 2008-03-06
Stimulus Package Must Include Loan Limit Increase to Help Homeowners, Economy Immediately, Says NAR
To: REAL ESTATE EDITORS Contact: Mary Trupo of the National Association of Realtors, +1- 202-383-1007, mtrupo@realtors.org WASHINGTON, Jan. 17 /PRNewswire-USNewswire/ -- The National Association of RealtorsR today urged President George W. Bush and Congress to help homeowners and the national economy by loosening constraints on Fannie Mae and Freddie...
Tags: NAR, National Association of Realtors, stimulus, U.S. Congress
Research articles 2008-01-17
NAR Supports Administration Efforts on Rate Freeze as Important Step in Protecting Homeowners
To: REAL ESTATE EDITORSContact: Mary Trupo of the National Association of Realtors, +1- 202-383-1007, mtrupo@realtors.org WASHINGTON, Dec. 6 /PRNewswire-USNewswire/ -- The National Association of Realtors today expressed support of President George W. Bushs efforts to curb the increase in foreclosures due to irresponsible lending practices and complicated mortgage products by...
Tags: administration, FINANCE, homeowner, NAR, National Association of Realtors, president, Taxes, U.S. Congress
Research articles 2007-12-06
A cloud over the economy: the mortgage meltdown is deepening, and prolonging the housing recession. A weak housing sector has ripple effects for the rest of the U.S. economy. Financial markets remain vulnerable to renewed turmoil from hidden exposures to
After having several teeth pulled out in the most painful way, the mortgage industry awoke the next morning to discover there is no Tooth Fairy. More to the point, surviving players in the mortgage industry now realize they were living in a fairy tale before last summer, when they expected...
Tags: asset, bank, derivatives, economist, Federal Reserve Board, FINANCE, financial, investor, Jones, mortgage, Mortgages, NAR, recession
Research articles 2007-11-01
US home sales fall 4.3 percent
WASHINGTON AFP — US existing home sales fell 4.3 percent in August as buyers had trouble getting mortgages amid financial market turmoil, the real estate industry said Tuesday. The National Association of Realtors NAR said existing-home sales fell to a seasonally adjusted rate of 5.50 million units in August...
Tags: Agence France-Presse, FINANCE, mortgage, Mortgages, NAR, SALES
Research articles 2007-09-25
Organizations flood Congress with concerns
The Flood Insurance Reform and Modernization Act of 2007, H.R. 1682, was the subject of a hearing in June before the subcommittee on Housing and Community Opportunity of the House Committee on Financial Services. The bill would make a number of reforms to the National Flood Insurance Program. A representative...
Tags: FINANCE, Insurance, NAR, occupant, tenant, U.S. Congress
Research articles 2007-09-01
US home sales slump; no relief expected from Fed
WASHINGTON AFP — Sales of existing US homes fell in May to their lowest level in four years, dashing hopes for a rebound in the struggling property market, an industry report showed Monday. The National Association of Realtors NAR said existing home sales dropped 0.3 percent to an annualized...
Tags: Federal Reserve Board, NAR, SALES
Research articles 2007-06-25
US home sales up 3.9 percent as market shows rebound
WASHINGTON AFP — US home sales rose 3.9 percent in February as the struggling real estate market showed some signs of a rebound, industry data showed Friday. The National Association of Realtors NAR said existing home sales improved to an annualized pace of 6.69 million, well ahead of market...
Tags: Agence France-Presse, NAR, SALES
Research articles 2007-03-23
NAR Pledges Support for Comprehensive Approach to Address Natural Disasters
To: REAL ESTATE EDITORSContact: Mary Trupo of the National Association of Realtors, +1- 202-383-1007, mtrupo@realtors.org WASHINGTON, March 21 /PRNewswire-USNewswire/ -- National Association of RealtorsR president Pat Vredevoogd Combs today pledged in a letter to Senators Bill Nelson (D-Fla.) and Mel Martinez (R-Fla.) to help Congress craft a national natural disaster...
Tags: FINANCE, Insurance, NAR, National Association of Realtors, U.S. Congress
Research articles 2007-03-21
Realtors(r) Seek to Protect Home Buyers From Predatory Lending and Educate Them on Mortgage Products
To: BUSINESS EDITORSContact: Lucien Salvant of National Association of Realtors, +1- 202-383-1177, lsalvant@realtors.org WASHINGTON, Feb. 7 /PRNewswire-USNewswire/ -- The National Association of RealtorsR NAR today told a Senate panel that NAR supports stronger anti- predatory lending legislation and more consumer education on nontraditional mortgage products. In testimony on "Preserving the...
Tags: NAR, National Association of Realtors, U.S. Senate
Research articles 2007-02-07
US home sales down 0.8 percent in December
WASHINGTON AFP — US home resales slipped 0.8 percent in December to a worse-than-expected 6.22 million units, industry data showed. Wall Street analysts had expected the figure for existing home sales, released by the National Association of Realtors NAR, to come to a seasonally adjusted annual rate of 6.30...
Tags: Agence France-Presse, economist, FINANCE, MARKETING, NAR, Pricing, SALES
Research articles 2007-01-25
A "TIC"ING TIME BOMB: RULE 506 MEETS SECTION 1031
I. INTRODUCTION In 2002, the Internal Revenue Service issued Rev. Proc. 2002-22, clarifying when acquisition of a tenant-in-common interest in real estate qualifies as replacement real estate under section 1031. The result was creation of a new type of security, known as a tenants-in-common or "TIC," sold primarily through lower-tier...
Tags: advertisement, commission, exemption, FINANCE, ING Group, investor, NAR, NASD, Regulation, Schultz, SEC, security, solicitation, tax
Research articles 2007-01-01
Is the National Association of Realtors Trying to Monopolize the Industry?
Is the National Association of Realtors Trying to Monopolize the Industry?RE: Is the National Association of Realtors Trying to Monopolize the Industry?If I told you all what I really thought, I would be arrested. Anyhow, I like to think that the majority of the Fellow NAR participants have a well...
Tags: commission rate, NAR, National Association of Realtors
Discussion threads 2008-05-30
US home sales drop 1.9 percent
WASHINGTON AFP — US existing home sales fell last month for the sixth month running, owing to caution among buyers with prices still in decline, realtors have said. The National Association of Realtors NAR said Wednesday September sales slowed by 1.9 percent to a seasonally adjusted 6.18 million units. Most...
Tags: economist, Federal Reserve Board, NAR, SALES
Research articles 2006-10-25
NAR Seeks Cooperation with FTC
To: National DeskContact: Mary Trupo of the National Association of Realtors, 202- 383-1007 or mtrupo@realtors.orgWASHINGTON, Oct. 12 /U.S. Newswire/ -- The National Association of Realtors NAR has continued to reach out to the Federal Trade Commission FTC in an attempt to address FTC concerns regarding the treatment of exclusive agency...
Tags: agency, FTC, MARKETING, MLS, NAR, National Association of Realtors
Research articles 2006-10-12
NAR: Home Prices Expected to Fall for Remainder of 2006
WASHINGTON -- Housing prices are expected to continue to have a limited fall throughout 2006, according to testimony submitted by the National Association of Realtors at today's Senate Banking Committee hearing, titled the Housing Bubble and Its Implications for the Economy. In addition, NAR noted that the sellers' market is...
Tags: NAR, National Association of Realtors, U.S. Senate
Research articles 2006-09-13
NAR: Home Prices Expected to Fall for Remainder of 2006
WASHINGTON, Sept. 13 /U.S. Newswire/ -- Housing prices are expected to continue to have a limited fall throughout 2006, according to testimony submitted by the National Association of Realtors at today's Senate Banking Committee hearing, titled the Housing Bubble and Its Implications for the Economy. In addition, NAR noted that...
Tags: NAR, National Association of Realtors, U.S. Senate
Research articles 2006-09-13
Organizations submit comments to EPA
The National Association of REALTORS[R], in cooperation with IREM, submitted comments to the Environmental Protection Agency in May, highlighting their concerns with the proposed rule providing for a lead renovation, repair and painting program. IREM and NAR believe the EPA has underestimated the costs associated with the proposed rule...
Tags: NAR, Outsourcing, U.S. Environmental Protection Agency
Research articles 2006-09-01
US existing home sales dive to two-year low
WASHINGTON AFP — Sales of US homes plunged in July to their lowest point since January 2004, according to data that reinforced signs that the long-booming property market is hitting the brakes hard. The latest report from the National Association of Realtors showed also that the stock of unsold...
Tags: Agence France-Presse, NAR, SALES
Research articles 2006-08-23
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