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Items Tagged with 'NAR'

ARTICLES

Pending home sales see second biggest monthly drop since May 2010

NAR thinks it may be time for existing owners to trade up
Trey Garrison
Pending homes sales stalled out in December, the worst monthly drop since May 2010. Here's what happened and what it portends.
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Existing-home sales recover after last month’s tumble

Increases back above an annual pace of 5 million sales
Brena Swanson
After last month's huge drop, existing-home sales managed to recover and pick back up 2.4%. While this increase is good, there are still several rough patches mentioned in the National Association of Realtors' report.
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Realtors join fight against patent trolls

NAR becomes founding member of patent law reform group
Trey Garrison and Ben Lane
The National Association of Realtors is joining a group that wants to fight what it calls patent trolling. Here’s why they say it's important to fight back.
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Housing sales weak heading into 2015

Capital Economics: Housing not off the rails
Trey Garrison
The sharp decline in new and existing home sales in November is not a sign that the housing recovery is coming off the rails, but it is troubling.
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Lower FHA Fees: The right policy at the right time

Could bring homeownership to 2 million renters
Chris Polychron
Realtors support responsible lending to qualified buyers; this is essential for building strong communities. This mortgage insurance reduction is not about repeating the mistakes of the past, in which underqualified buyers received loans they could never repay.
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Here’s what ‘Housing Twitter’ had to say about Obama’s speech

Laurels and darts greet move to lower FHA premiums
Trey Garrison
Housing voices on Twitter had a lot to say about the President's speech in Phoenix. Here are some of the best of the best.
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Bankrate.com: Expect Fed to move on interest rates by mid-year

But don’t expect mortgage rates to go as high as 5% in 2015
Trey Garrison
Bankrate.com expects movement sooner than others, but not as much of an increase as most. Here’s why.
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Pending home sales rise slightly in November

Existing home prices are up 5.6% for the year
Ben Lane
Consistent economic growth and steady hiring helped to drive pending home sales up slightly in November, the National Association of Realtors said in its Pending Homes Sales Index. In fact, November's year-over-year gain was the highest since August 2013.
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Existing home sales collapse 6.1% in November

Tumble comes amid record low declining rates, prices
Trey Garrison
In the biggest drop since July 2010, existing home sales collapsed in November, despite record low rates and falling median home prices. What's happening? NAR says buyer uncertainty, but that doesn't seem likely.
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Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"
Trey Garrison
The Terrorism Risk Insurance Act is critical to the housing industry, and despite passing the House on a bipartisan vote, the Senate failed to reauthorize it before recessing. Here's what the industry has to say.
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