Posts Tagged ‘National Association of Realtors’

Want a Memorial in the District? Make Sure to Pay the Politicians.

Today, Del. Eleanor Holmes Norton introduced legislation with Rep. Ken Calvert, Republican of California, to establish a memorial to the Fair Housing movement somewhere on federal land in the District. "The memorial speaks to the progress we have made in fair housing, but also reminds us of the distance we still have to [...]

Realtors’ Plea: Please Keep Buying Houses!

As we've noted before, homeownership has taken a beating over the last year or so. The new case against the American Dream has basically two dimensions: One stems from the havoc wreaked by the collapse an federal-loan-fueled housing bubble. And another, advanced chiefly by creative classist Richard Florida, posits that owning real estate only drags [...]

There Goes the Gayborhood: Gay real estate isn’t just about Dupont Circle anymore.

Evan Johnson, a real estate agent with Coldwell Banker, has two business cards. One, a conventional rectangle, simply says “Evan Johnson Realty Group.” The other is fancier, with two curved corners. It reads: “Evan Johnson, Realtor,” with “MyGayAgent.com” on the back.
The ambiguous slogan on the sexually neutral card—“Bold Company, Straightforward Real Estate”—might say more about [...]

Existing Home Sales Up 10 Percent in October

With buyers pushing to meet the Nov. 30 deadline for the new homebuyer tax credit, sales of existing homes jumped more than 10 percent in October, according to the National Association of Realtors (NAR).
The credit—as we've reported about extensively—was extended earlier this month. The ten percent jump is higher than analysts expected, but with [...]

D.C.-Area Home Values Creeping Up Again…

The National Association of Realtors has just released its quarterly report on metropolitan area median home prices. The Washington area's median price (for existing, single-family homes) has inched up two quarters in a row, according to the analysis. The figure from 2006—$431,000—is still $100,000 above the current number. But note the recent progression in the [...]

President Renews First-Time Homebuyer Credit

Today, President Barack Obama signed a $24 billion stimulus bill that included renewing the first-time homebuyer tax credit (as the A.P. reports).
The National Association of Realtors has posted a Q&A about the credit, which is altered significantly in this bill, on its website. Their responses should answer all the basic questions:
Who Qualifies for the [...]

Pending Home Sales Rise for Second Month in a Row

The National Association of Realtors reported the first back-to-back increase in pending home sales in almost a year. "The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82.0 in February, and is 1.1 percent higher than March 2008 when it was [...]