News

NAR General Counsel Addresses Real Estate Competition in DOJ-FTC Workshop

Published Tuesday, June 5, 2018

NAR general counsel Katie Johnson is among a distinguished group of panelists at What’s New in Residential Real Estate Brokerage Competition(link is external)a June 5, 2018, FTC-DOJ workshop on competition in real estate. NAR asserts that innovation, competitive forces, and consumer choice have never been stronger.

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Realtors® Celebrate National Homeownership Month in June

Published Friday, June 1, 2018

WASHINGTON (June 1, 2018) – In recognition of National Homeownership Month in June, National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty issued the following statement:

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Administration Increases Seasonal Worker Visas

Published Friday, June 1, 2018

The Department of Homeland Security and the Department of Labor have increased the number of H-2B non-immigrant, non-agricultural visas by an additional 15,000 through the end of Fiscal Year 2018. This increase is based on current statutory authority and does not apply to the H-2B program in future fiscal years.

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Pending Home Sales Lose Steam in April, Decline 1.3 Percent

Published Thursday, May 31, 2018

WASHINGTON (May 31, 2018) — After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the National Association of Realtors®. All major regions saw no gain in contract activity last month.WASHINGTON (May 31, 2018) — After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the National Association of Realtors®. All major regions saw no gain in contract activity last month.

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Beware: Email Phishing Attempt

Published Thursday, May 31, 2018

WARNING: If you receive an email claiming to require updates to a member directory, it is not from NAR.

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Red Alert - C.A.R. Opposes Bill that Discourages Investment in Rental Housing

Published Wednesday, May 30, 2018

C.A.R OPPOSES AB 2364 (Bloom and Chiu), which deters property owners from returning to the rental housing business for 10 years. AB 2364 significantly weakens the Ellis Act by discouraging new rental housing investment and will ultimately make the state’s housing crisis even worse. AB 2364 will be considered by the entire Assembly this week.

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Why Foreign Investors Love U.S. Commercial Real Estate, And Why More Will Follow

Published Wednesday, May 30, 2018

Despite fears of trade wars and increased protectionism, foreign investment in the United States remains robust. In fact, the U.S. continues to be the single largest recipient of foreign direct investment (FDI) in the world: more than $450 billion was pumped into the U.S. economy from other countries in 2016, according to the Bureau of Economic Analysis at the Department of Commerce.

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Instant Reaction: S&P/Case-Shiller March Home Prices

Published Tuesday, May 29, 2018

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on March home prices:

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