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Latest Realty News from NAR

Existing-Home Sales Subside 1.7 Percent in August

WASHINGTON (September 20, 2017) — Existing-home sales stumbled in August for the fourth time in five months as strained supply levels continue to subdue overall activity, according to the National Association of Realtors®. Sales gains in the Northeast and Midwest were outpaced by declines in the South and West.

Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 1... Read More

Student Debt Delaying Millennial Homeownership by 7 Years

WASHINGTON (September 18, 2017) – Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying.

This is according to a new joint study on millennial student loan debt released today by the National Association of Realtors® and nonprofit American Student Assistance®. The survey additionally revealed that student debt is holding back millennials from financial decisions and personal... Read More

Pam Patenaude Right Choice for HUD Deputy Secretary, Say Realtors®

WASHINGTON (September 14, 2017) – The U.S. Senate today approved the nomination of Pam Patenaude as deputy secretary at the Department of Housing and Urban Development. Following is a statement from NAR President William E. Brown on the vote:

“Pam Patenaude is the right choice for deputy secretary, and Realtors® are pleased to see her nomination win approval from the Senate.

“She has a big task ahead. Home prices continue to rise in an environment of ever-tightening mortgage credit, which means buyers are struggling to keep pace. That... Read More

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Sherry, At this time, I would like to thank you for all the help you have given my wife, Beth and I in understanding how to purchase a house by educating us in the finance aspect, inspections, and closing costs. You are by far the most ethical person we have ever had business with and recommend you to anyone who is considering a home purchase. You are always available to answer our questions or help any of our family be informed about financing a home. Our son, Justin and his wife, Heather, have thanked us many times for the referral we gave them. We will continue to use your expertise and counsel when we are ready to move and purchase another home. We also want to thank you for helping our Veterans and current active military members of the community. Sincerely, Carlos Torres United States Marine Veteran Colorado Springs, CO
Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. Craig and MaryAnn Davies
Sherry has remained tried and true to me and my family for the past 7 years and counting - she is not only our trusted realtor - she is a friend of Team Evans. Knowledge, expertise, market awareness, loyalty, and a genuine interest in me and my family are the cornerstones of Sherry Romero's business model. Simply stated, Sherry knows the needs of the military veteran and their family and will stop at nothing to provide first-rate service. Ivan and Kim - US Army 27 years
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