Archive for October, 2013


Why Home Sales Fell Last Month

NEW YORK (TheStreet) — Home sales fell significantly from August to September, and real estate industry experts are pointing to higher interest rates and skittish consumer sentiment for the decline. The National Association of Realtors is out with data this week showing its benchmark Pending Home Sales Index fell from 107.6 in August to 101.6 […]

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Realtors(R) to Regulators: Aligning QRM With QM Assures Safe, Sound Mortgage Lending

WASHINGTON, DC–(Marketwired – Oct 31, 2013) –  Revised rules proposed by federal regulators will help ensure rigorous and effective underwriting while also providing creditworthy homebuyers with access to safe mortgage financing, according to the National Association of Realtors®. In a comment letter submitted today, NAR applauded regulators for synchronizing Qualified Residential Mortgage standards with those […]

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Roxann Burdick Retires as Head of Beverly Hills/Greater Los Angeles Association of REALTORS®; Edward Segal Named New …

LOS ANGELES, Oct. 29, 2013 /PRNewswire/ — The Beverly Hills/Greater Los Angeles Association of REALTORS® today announced that Chief Executive Officer Roxann Burdick, CAE, has retired after 39 years with the organization. The Board of Directors named Edward Segal, CAE, chief executive officer of the Marin County Association of REALTORS®, to succeed her.  “Roxann Burdick […]

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Realtors(R) Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

WASHINGTON, DC–(Marketwired – Oct 29, 2013) – As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption to the economy, warned the National […]

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Realtors(R) Applaud Bipartisan Legislation to Delay Flood Insurance Rate Increases

WASHINGTON, DC–(Marketwired – Oct 29, 2013) – The following is a statement by National Association of Realtors® President Gary Thomas: “The bipartisan ‘Homeowner Flood Insurance Affordability Act’ introduced today in the Senate by Sens. Robert Mendendez, D-N.J.; Johnny Isakson, R-Ga.; and Mary Landrieu, D-La., and in the House by Reps. Michael Grimm, R-N.Y., and Maxine […]

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Outgoing state Association of Realtors president warns of challenging upcoming …

The past 12 months have been relatively quiet for the real estate industry, legislatively speaking, said the outgoing president of the Maryland Association of Realtors. The coming year will be challenging for real estate agents, said Carlton Boujai, a former president of the Frederick County Association of Realtors, during an interview at his office at […]

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Vail Realtors receive awards

VAIL — This year at the Colorado Association of Realtors’ annual convention in Denver, members of the Vail Board of Realtors received various recognition and awards. “I think I speak for all of our organization in saying that we are extremely proud of the recognition that our members Amy Dorsey, Terry Nolan and Julie Retzlaff […]

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NAR Supports Delay in Flood Insurance Rate Increases

The following is a statement by National Association of Realtors President Gary Thomas: “The bipartisan ‘Homeowner Flood Insurance Affordability Act’ introduced today in the Senate by Sens. Robert Mendendez (D-NJ), Johnny Isakson (R-GA) and Mary Landrieu (D-LA), and in the House by Reps. Michael Grimm (R-NY) and Maxine Waters (D-CA) will help millions of homeowners who […]

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Home sales decline seen as rates rise

Parent of iAB Bank posts earnings slip Independent Alliance Banks Inc. has reported third-quarter earnings of $2.01 million, or 49 cents per common share, a 12 percent decrease from the $2.29 million, or 56 cents a share, posted for the same three months of 2012. The Fort Wayne-based holding company for iAB Financial Bank reported […]

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Pending home sales fall 5.6% in September

Want to see how this story relates to your watchlist? Just add items to create a watchlist now: Add Create Watchlist or Cancel Already have a watchlist? Log In By Ruth Mantell WASHINGTON (MarketWatch) — A gauge of upcoming home sales dropped in September to the lowest level in nine months, a sign that higher […]

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