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Increased Lending, Short Sales Necessary to Reduce High REO Inventories, Say REALTORS

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REO Inventories
Improving access to affordable mortgage financing for qualified home buyers and investors and committing additional resources to loan modifications and short sales will help reduce current and future inventories of real estate owned (REO) properties held by government agencies, according to the National Association of Realtors®.
 

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Featured Content

Increased Lending, Short Sales Necessary to Reduce High REO Inventories, Say REALTORS
08/10/2011 | National Association of Realtors

 Improving access to affordable mortgage financing for qualified home buyers and investors and committing additional resources to loan modifications and short sales will help reduce current and future inventories of real estate owned (REO) properties held by government agencies, according to the National Association of Realtors®.


Commercial Real Estate Markets Stabilizing, Demand Growing
20/06/2011 | National Association of Realtors

Washington, DC, May 24, 2011. 
  The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®.


NAR Study Finds Americans Prefer Smart Growth Communities
02/05/2011 | National Association of Realtors

   Washington, DC, April 04, 2011 Americans favor walkable, mixed-use neighborhoods, with 56 percent of respondents preferring smart growth neighborhoods over neighborhoods that require more driving between home, work and recreation. That’s according to a recent study, the Community Preference Survey, by the National Association of REALTORS®.


America Needs an Affordable and Adequately Regulated Secondary Market, Says NAR
12/03/2011 | National Association of Realtors

Washington, DC, February 11, 2011  
  The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages.


Home Price Stabilization Seen in Most Metro Areas during Fourth Quarter, Sales Up
12/03/2011 | National Association of Realtors

Washington, DC, February 10, 2011  
   Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®.


Existing-Home Sales Slow in June but Remain Above Year-Ago Levels
25/07/2010 | National Association of Realtors

    With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors®. Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, fell 5.1 percent to a seasonally adjusted annual rate of 5 [ ... ]


Realtors Strive to Reduce Stress in Short Sale Transactions
21/02/2010 | National Association of Realtors

According to the most recent Realtors® Confidence Index, buyers continue to be discouraged with the extended short sale process, resulting in foreclosures that could have been prevented. New resources from the National Association of Realtors® aim to help Realtors® and consumers successfully navigate the short sale process to help more homeowners avoid foreclosure.


Realtors See a Decade of Dramatic Developments
17/01/2010 | National Association of Realtors
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  At the beginning of the 21st century, most home buyers had never viewed a home online; the three top home sale marketing methods were yard signs, newspaper ads and open houses; and nearly nine out of 10 buyers financed their purchase with a fixed-rate, 30-year mortgage. What a difference a decade makes.


Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report Exterior Remodeling Proves Best Bang for Your Buck, Realtors® Report
21/12/2009 | NAR
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  Despite a slow market and a slight decrease in the resale value of most remodeling projects, Realtors® report that the smartest home improvement investments may also be some of the least expensive. Results from the 2009 Remodeling Cost vs. Value Report show that small-scale exterior projects are the most profitable at resale, according to estimates by Realtors® who completed a r [ ... ]


Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery, Says NAR
18/10/2009 | Support Staff Real Estate Connections TV
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  The best available tool for sustaining the still-fragile housing market is the $8,000 homebuyer tax credit, and it is essential that Congress extend the credit into 2010, the National Association of Realtors® testified at a hearing of the U.S. House Small Business Committee today.