Archive for December, 2015


US Existing Home Sales Plunged in November

WASHINGTON—Sales of existing homes plummeted nationwide in November to a level not seen in a year and a half, which an industry group blamed on delays to sales caused by changes in mortgage rules. Existing-home sales fell 10.5% in November from October to a seasonally adjusted annualized rate of 4.76 million, the National Association of […]

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Pasadena-Foothills Association of Realtors Installs 2016 President Bill Podley

Nearly 400 REALTORS®, Affiliates and special guests welcomed Bill Podley as the new president of the Pasadena-Foothills Association of REALTORS® (PFAR) at its 109th Annual Inaugural and Awards Luncheon at The Langham Huntington Hotel and Spa in Pasadena in early December. Ray Wells served as master of ceremonies for the program that included installation of […]

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National Association of Realtors® Applauds Passage of Tax Extenders Package

WASHINGTON, Dec. 18, 2015 /PRNewswire/ — A significant piece of tax legislation is now on its way to the President’s desk, and the bill includes the extension of a number of expired tax provisions important to supporting homeowners and real estate investment. Tom Salomone, National Association of Realtors® president and broker-owner of Real Estate II […]

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Hatton Honored By National Association of Realtors

Theresa Hatton Theresa Hatton, executive director of the Greenwich Association of Realtors was named by the National Association of Realtors (NAR) as the Leader of Tomorrow Young Professional’s award recipient. The award recognizes association executive young professionals who have fostered greater involvement and increased professionalism among their young professional association executive peers and Realtors members. […]

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NAR HOME Survey: Desire to Buy Strong despite Affordability, Economic Concerns

WASHINGTON, Dec. 17, 2015 /PRNewswire/ — Although only half of surveyed households believe the economy is currently improving, nearly all young renters eventually want to buy a home, and a convincing majority still view homeownership as part of their American Dream, according to a new quarterly consumer survey released today by the National Association of […]

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Young Realtors of the Bluegrass active in charitable causes, receive national …

Young Realtors of the Bluegrass, part of the Lexington-Bluegrass Association of Realtors (LBAR), has donated thousands to local charities, specifically during the holiday months. The group, with the help of several local real estate companies and LBAR members, sponsored 38 children as part of the Salvation Army Angel Tree program. Additionally, the group donated close […]

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Survey: Homebuyers Increasingly Interested in One-Stop Shopping

The National Association of REALTORS® (NAR) recently commissioned a survey by Harris Poll on consumer preferences for real estate services. Originally conducted in 2008 and again in 2010, this third survey evaluates any changes in homebuyer preferences, especially given the improvement in the economy over the past several years. Surveying over 1,100 recent and future […]

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U.S. Home Sales Expected to Uptick in 2016, But at Slower Pace

The National Association of Realtors (NAR) is reporting at their annual conference this week that existing-home sales in the U.S. are expected to increase in 2016 at a moderate pace; although affordability pressures from inventory shortages and rising mortgage rates could slow the potential for even stronger sales momentum. Lawrence Yun Lawrence Yun, chief economist […]

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New Jersey Realtors 2016 officers named

Jeffrey Jones, broker/owner of Amerisource Realty Network, LLC in Parsippany, has been named the 2016 New Jersey Realtors treasurer.(Photo: Getty Images) Story Highlights At the president’s installation at the Triple Play Realtor Convention Trade Expo, Tg Glazer, was named the 2016 president. Robert Oppenheimer is the new president-elect; Christian Schlueter is now the first vice […]

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NAR Releases 2015 Remodeling Impact Report Findings

According to a new report from the National Association of Realtors (NAR), homeowners preparing to sell often make improvements to their homes, both big and small, that can help yield positive results and garner top dollar from buyers. Remodeling projects can also bring major benefits to homeowners who choose to remain in their homes. According […]

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