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Real
Estate News
Luxury suites rule in professional sports revenue
All 137 luxury suites at Lucas Oil Stadium were sold out months before the opening kick-off for Super Bowl XLVI.
 Money Watch: Government retirement? Keep savings diversified
Q: I'm 61 and will retire soon with a government Thrift Savings Plan and a Federal Employees Retirement System. How should it be invested?
 Micron CEO Steve Appleton dies in crash of small plane
Reports say the plane, a single-engine Lancair, crashed at Boise Airport.
 Why foreclosure investors are double-edged sword for economy
The best way to clear the vast inventory of foreclosed properties weighing down today's housing market is to get more investors involved.
 Party time: Super Bowl spending could hit $11 billion
Why the Big Game will be even bigger this year.
 Audi R8 droptop priced above $200,000
Save your pennies, Audi R8 fans. Audi just announced a base price of $210,000 for the limited-edition GT Spyder version of its R8 supercar. Tack ...
 Swiss bank indictment details tax evasion ploys
The U.S. indictment of Swiss bank on tax fraud charges includes colorful details of secret rendezvous and an client code-named "Elvis"
 Internet stocks bounce back
Left for dead more than a decade ago after a bubble and crash of historic proportions, dot-coms and most other tech stocks, are racing back.
 DEA suspends Cardinal Health's Lakeland facility's license
Federal authorities suspended a Cardinal Health facility's license to sell prescription pain killers from a Florida facility.
 Regulator: Freddie Ceased Mortgage Transactions ‘On Its Own’
Freddie Mac stopped investing in certain mortgage derivatives last spring amid a weak market for those products, the firms federal regulator said on Friday. Unemployment rate hinges on more than job gains
When the jobless rate declines, it's not always because many more people were hired.
 Japanese entrepreneurs aim for Silicon Valley
For emerging generation of Japanese innovators, dream isn't a job for life at a big firm.
 Dow closes at highest mark since pre-financial crisis
Forecast-busting employment report reinforces hopes recovery in the world's largest economy is gathering steam.
 Mortgage fraud unit co-chair sues biggest banks
Biggest banks accused of deceit, fraud in using electronic mortgage registry; lawsuit says homeowners foreclosed on falsely.
 Citi Becomes Latest Bank to Cut Off Mortgage Brokers
Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers. World's slowest Maserati aims for speed record
Meet the slowest Maserati in the world. It also happens to be one of the fastest sailboats.
 Reports say manufacturing, service industries surging
Service sector, which employs 9 of 10 U.S. workers, grew at fastest pace in 11 months in January. Manufacturing is picking up, too.
 Report: S&P Removes CMBS Ratings Chief
Standard & Poor's has removed Barbara Duka as chief if its commercial mortgage-backed securities ratings group that was at the center of controversy in mid-2011. On Foreclosures, Uncle Sam Courts Investors
On Wednesday, a U.S. housing regulator invited investors to submit initial applications so they can bid on pools of foreclosed properties owned by Fannie Mae. Rising Orders Lift Home Builders’ Spirits
Several major U.S. home builders reported improving results for their latest quarters Thursday and executives expressed optimism about 2012. The Latest on Mortgage Rates: Still Low
Average mortgage rates in the U.S. dropped to new record lows over the past week after data on the nation's economic growth fell short of market forecasts, according to Freddie Mac's weekly survey of mortgage rates. New Obama Housing Plan Not Winning Republican Fans
There was a lot of criticism on Capitol Hill Wednesday of President Barack Obamas latest housing proposals, an indication that the effort faces steep odds of being enacted. Whats in the Latest White House Proposals on Housing?
President Barack Obama is set to give a speech Wednesday outlining his call for more help for the nations housing markets, according to administration officials. Heres a preview of what's on the White House wish list: (Video) House of the Day: A Caribbean Getaway
Today's House of the Day is a St. Lucia compound, overlooking a World Heritage site, that serves as a vacation escape for its owner. McCain Pushes Ban on Fannie, Freddie Bonuses
An effort to bar bonuses for executives at Fannie Mae and Freddie Mac could move forward in the U.S. Senate this week. Pending Home Sales Decline in December, Remain Above a Year Ago
After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels. Homeownership Matters to Nation
President's speech supports homeowners and struggling housing market. December Existing-Home Sales Show Uptrend
Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago. Pending Home Sales Rise Again in November, Highest in a Year-and-a-Half
Data shows pending home sales continued to gain in November and reached the highest level in 19 months. Existing-Home Sales Continue to Climb in November
Existing-home sales rose again in November and remain above a year ago. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners. Exterior Replacement Projects Rated Best Investment
According to the 2011-12 Remodeling Cost vs. Value Report, exterior improvements are among the most valuable home investment projects. NAR Applauds Mortgage Industry Reform Bill
The legislation provides for sensible reform of the secondary mortgage market and protects the interest of taxpayers. NAR Urges Comprehensive Mortgage Finance Reform
(Dec. 7) Reforming the secondary mortgage market is essential for consumers and the nation, NAR said in testimony today. REALTORS® Praise FHA for Serving the Needs of Millions of Hard-Working Families
The Federal Housing Administration mortgage insurance program plays an important and vital role in the nation’s housing financing system and has shown tremendous leadership and strength during the economic crisis, the National Association of Realtors® said in testimony today. Workforce Housing Forum Addresses Crisis
NAR, in partnership with the National Housing Conference, hosted a forum in Portland, Ore., to develop solutions to the workforce housing shortage. NAR President Testifies Before Congress
Moe Veissi testified before the House Financial Services Committee on the health and importance of FHA. Pending Home Sales Jump in October
Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®. Growth in Commercial Markets Expected in 2012
Real estate in the commercial markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012. October Existing-Home Sales Rise, Unsold Inventory Continues to Decline
Existing-home sales improved in October while the number of homes on the market continued to decline. NAR Installs 2012 Officers
Maurice "Moe" Veissi was installed today as 2012 NAR president at the association's Board of Directors meeting during the 2011 REALTORS® Conference & Expo. Two Honorees Receive Distinguished Service Award
REALTORS® PeggyAnn McConnochie from Juneau, Alaska, and Adorna Carroll from Berlin, Conn., have received the NAR 2011 Distinguished Service Award. REALTORS® Help Buyers Overcome Tight Mortgage Credit Conditions
Getting a loan is possible for those who know how to overcome the unprecedented obstacles, according to a presentation at the 2011 REALTORS® Conference & Expo. Housing Must Be a National Priority
Speakers at the Legislative and Political Forum at the 2011 Realtors® Conference & Expo sent a clear message: the struggling housing market needs to be a priority on the nation's public policy agenda. U.S. Will Remain a Nation of Homeowners
The U.S. will not become a nation of renters; there are just too many benefits, both financial and otherwise, to own versus rent. That's according to the combined findings of several recent studies over a 31-year period across 23 metropolitan areas. Every Market is a Second-Home Market
A diverse set of buyers and property types comprise the second-home sector and opportunities for second-home buyers exist in nearly every market, even in nontraditional, non-resort markets. Realtors® Take Aim at Appraisals in Anaheim
In today's market, home appraisals that fail to provide accurate valuation are causing many sales to be cancelled or postponed. Today Realtors® and other real estate experts gathered to address this pressing issue. Commercial Real Estate Market to See Improvement in Year Ahead
Depressed conditions in the financial and small business sectors continue to negatively affect the commercial real estate industry and the nation's economic recovery, according to economists at the Economic Issues & Commercial RE Business Trends Forum. NAR's Global Initiatives Cross Borders
During the 2011 REALTORS® Conference & Expo, attendees can learn about NAR's global business tools and resources. NAR's Global Initiatives Cross Borders
During the 2011 REALTORS® Conference & Expo, attendees can learn about NAR's global business tools and resources. Realtors® Ready to 'Seize the Day'
Realtors® stand ready to protect and defend opportunities for homeownership, and many of them have gathered here at the 2011 REALTORS® Conference & Expo to prepare for the challenges ahead. National Bus Tour Underscores Importance of Home Ownership Matters
After travelling through 33 states and visiting more than 50 cities across the country, the National Association of Realtors® Home Ownership Matters Bus arrives in Anaheim, Calif., today for the Realtors® Conference & Expo. Chrysler Group LLC Puts Realtors® on the Road to Savings
During the 2011 REALTORS® Conference & Expo in Anaheim today, NAR named Chrysler Group LLC as the "Official Automobile Manufacturer" of NAR and the latest addition to the REALTOR Benefits® Program. 3rd Quarter Metro Prices Soften; State Sales Rise Broadly
Although existing-home prices were down, sales rose in every state from a year ago. REALTORS® Frame the Future of Homeownership
Hundreds of Realtors® volunteered their time and labor to frame homes that will later be used by Habitat for Humanity of Orange County. Realtor.com Goes Global With Launch of International Site
Grab Your Passport because REALTOR.com® International is here, delivering 4.4 million for-sale property listings to buyers across the globe. Realtor® Good Neighbor Award Winners Step Forward to Help People in Need
For the past 12 years the Good Neighbor Awards program has recognized Realtors® who are devoted to strengthening communities through volunteer work and helping those in need. Learn about this year's winners. Pending Home Sales Down, Higher Than September 2010
In September pending home sales declined, although activity remains above a year ago. Existing-Home Sales Down, Higher Than a Year Ago
On the heels of a strong gain in August, existing-home sales were off in September. Government Plays Valuable Role in Homeownership
NAR President-Elect Moe Veissi outlined the association's recommendations for housing finance reform. Preserving Home Ownership Tax Benefits Vital to Housing Market, Say Realtors®
As the leading advocate for housing and homeownership issues, NAR firmly believes that the mortgage interest deduction is vital to the stability of the American housing market and economy. Flood Insurance Stopgap Extension Passes
A longer-term extension is needed to ensure access to affordable flood insurance for homeowners. Housing Must Remain Nation's Top Priority, Say REALTORS®
We need to keep housing first on the nation's public policy agenda, because housing and homeownership issues affect all Americans, and a housing recovery is necessary for the nation's economic well-being, according to a message delivered today by NAR President Ron Phipps during the New Solutions for America's Housing Crisis forum. Pending Home Sales Decline, Remain Above Year Ago
In August, pending home sales slipped with a mixed regional performance but are higher than a year ago REALTORS® Strive to Preserve, Expand Housing Opportunities
To address a nationwide shortage of workforce housing, NAR, in partnership with the National Housing Conference, is hosting a forum in Washington, D.C. REALTORS® Advocate Public Policies That Support Home Ownership
U.S. public policies have long supported home ownership because it contributes to stable communities, supports our nation's economy, and helps families build wealth. Removing this support would erode the ability of many Americans to establish and build their futures through home ownership. Existing-Home Sales Rise, Up Strongly From Year Ago
Pending home sales declined in July but remain well above year-ago levels, according to NAR research. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity. REALTORS® Call for Increased Lending, Pre-Foreclosure Efforts to Reduce High Inventories
Increased lending to creditworthy home buyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry and economy, according to NAR. Increased Lending, Short Sales Necessary to Reduce High REO Inventories, Say REALTORS®
Improving access to affordable mortgage financing for qualified home buyers and investors and committing additional resources to loan modifications and short sales will help reduce current and future inventories of real estate owned (REO) properties held by government agencies, according to NAR. Pending Home Sales Down In July but Up From 1 Year Ago
(Aug. 29) Pending home sales declined in July but remain well above year-ago levels, according to NAR research. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity. Hurricane Irene Underscores Importance of Flood Insurance Program
If Congress doesn't act soon, the National Flood Insurance Program (NFIP) will expire on September 30, 2011. Slowdown Impacts Commercial Markets
Weak economic growth and job creation affect growth projections, however modest improvements are expected over the coming year. REALTORS® Call on White House to Host Housing Summit
NAR urges the White House to host a summit of policy makers, industry leaders, and government stake holders focused on revitalizing the nation's housing. Existing-Home Sales Down, Up Strongly From a Year Ago
In July, monthly gains in the Northeast and Midwest were offset by declines in the West and South. REALTORS® Rally for Joplin Recovery
As the National Association of Realtors® Home Ownership Matters bus crosses Missouri this week, a stop in Joplin, Mo., today will underscore Realtors®’ commitment to rebuilding the local community. Realtors® to Regulators: Narrow QRM Definition Not Necessary to Assure Safe, Sound Mortgage Lending
A proposed rule by federal regulators to impose a minimum 20 percent down payment, stringent debt-to-income ratio requirements and rigid credit standards will deny millions of Americans access to safe, low-cost mortgages, according to the National Association of Realtors®. Realtors Urge Action on Debt Ceiling
“The National Association of Realtors®, on behalf of its 1.1 million members, their clients and customers, and the nation’s 75 million homeowners, urges Congress to resolve the mounting debt ceiling crisis before the August 2 deadline. Homeownership Tax Benefits Must Be Preserved, Say Realtors®
Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth. Pending Home Sales Rise in June
Pending home sales increased, following a wide swing down in April and then up in May. Pending Home Sales Rise in June
The Pending Home Sales Index rose 2.4 percent to 90.9 in June. All regions show double-digit gains from a year ago. Bus Tour Brings Home Ownership Matters to Memphis
If regulators get their way, many qualified home buyers in Memphis, Tenn., may be shut out of the market very soon. That’s one of the reasons the National Association of Realtors® will be in town this weekend as part of its Home Ownership Matters Bus Tour. Existing-Home Sales Slip, Prices Stabilize
Sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly. Tornado Recovery Underscores How Much Home Ownership Matters
As NAR's Home Ownership Matters bus crosses Alabama this week, Realtors® are providing assistance to victims of the April 27 tornadoes with funds raised from Realtor® donations across the country. Stabilizing the Housing Market is Key to the Economic Recovery, Say Realtors
Stability in the housing market will lead to a quicker and greater economic recovery, according to the National Association of Realtors®. REALTORS® Support Bill H.R. 2413
The bill offers a comprehensive strategy for reforming the secondary mortgage market and gives the federal government a continued role. Owning a Home is Priority for Renters
New survey shows that more than three quarters of renters would be less likely to buy if they were required to have a 20 percent down payment. Seven Out of 10 Renters Say Owning a Home is a Top Priority
Most Americans still believe that owning a home is a solid financial decision, and a majority of renters aspire to home ownership as a long-term goal. Celebrating America's History of Home Ownership
The ability to buy, sell and own property has defined our nation throughout its history, and as the U.S. prepares to celebrate its 235 birthday, Americans continue to reaffirm their support of and aspirations toward home ownership. Pending Home Sales Turn Around in May
Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of Realtors®. Realtors® Urge Regulators to Reconsider Narrow QRM Definition
The National Association of Realtors® is urging regulators to go back to the drawing board on the proposed Qualified Residential Mortgage rule at a news conference on Capitol Hill today. Existing-Home Sales Decline in May with Market Constraints, Temporary Conditions
Existing-home sales were down in May as temporary factors and financing problems weighed on the market, according to the National Association of Realtors®. Realtors® Advocate Higher Loan Limits and Low Down Payment for FHA
The Federal Housing Administration plays a critical role in the nation’s housing financing system, providing safe, affordable mortgage financing to consumers in all markets during all economic conditions, the National Association of Realtors® said in testimony today. Realtors® Continue to Push Congress for Comprehensive GSE Strategy
The National Association of Realtors® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times. Realtor® Nationwide Open House Weekend Opens Doors to Home Ownership
Nearly half of all home buyers visit open houses during their home search. This weekend, those numbers may swell as buyers across the country take advantage of the Realtor® Nationwide Open House, June 4-5. Realtor® Volunteering Works Program Announces 2011 Winners
REALTOR® Magazine's Good Neighbor Society has announced the recipients of the third annual Volunteering Works program, which matches Realtors® who work on small-scale charitable efforts with mentors and awards them grant money. NAR President Responds to TODAY Show
Show segment misled viewers rather than giving them accurate information about buying and selling a home. NAR Provides Housing Opportunity Grants
Seventeen local and state Realtor® associations have been awarded over $60,000 for their communities. Pending Home Sales Drop
Pending home sales fell in April with regional variations following increases in February and March. Commercial Markets Stabilizing, Demand Growing
The improving economy and job creation mean growing demand for commercial real estate. "30 Under 30" Realtors® Announced
The 2011 honorees have a determination to teach others, an entrepreneurial spirit, and the ambition to try something new and take risks Foreign Buyers Value U.S. Home Ownership
International purchases of homes in the U.S. surged by $16 billion this year, one of the highest increases in recent years, according to NAR's 2011 Profile of International Home Buying Activity.
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