Real Estate Articles

A long battle between the National Assn. of REALTORS and the U.S. Dept. of Justice concluded yesterday in a win-win scenario for consumers and REALTORS.

The National Assn. of REALTORS says that proposed RESPA reform is too complex, and asks the U.S. Dept. of Housing and Urban Development to focus on the Good Faith Estimate and Hud-1 settlement document.

The National Assn. of REALTORS supports a permanent loan limit increase because it will foster more sales, increase affordability in high price areas, and reduce foreclosures.

NAR President Richard Gaylord issued thanks to the U.S. Senate after passing a bipartisan bill designed to stem a skyrocketing number of foreclosures.

New National Assn. of REALTORS venture creates an online marketplace for investors and consumers to view land and commercial properties for sale and lease,

Lawrence Yun, chief economist of the National Assn. of REALTORS, blames the subprime crisis as the major cause of a soft housing market in many major metro areas, and says that relief measures will lead to a recovery in the latter part of the year.

“REALTORS® care as much about keeping families in their homes as they do about helping them find the home of their dreams,” said National Assn. of REALTORS® President Dick Gaylord. “We hope that this week’s dialogue with members of Congress and key administrators will achieve real results for current and aspiring homeowners and help stabilize the market.”

Listen to customers and act on their complaints in a timely manner to inspire confidence and demonstrate genuine desire to serve their needs.

The National Association of REALTORS says that Congress' economic stimulus plan will buoy housing and lending markets.

NAR issues kudos for efforts to help homeowners who are "underwater" refinance their homes.