Uncategorized Archive

NAR Leads the Dialogue on Sustainability, Develops Resource Guide

As the real estate sustainability movement continues to grow, the National Association of Realtors® is proud to introduce the Sustainability Resource Guide, a resource especially created for associations and members to positively impact business practices.  NAR research shows real...
August 14, 2018

Big Win for Realtors in IRS Guidance on 20% Income Deduction

On Wednesday, August 8, the IRS released its proposed guidance on the new 20 percent business income deduction. The deduction, included as part of the Tax Cuts and Jobs Act passed in Congress last year, was a huge win...
August 9, 2018

NAR Supports U.S. Treasury Efforts to Improve Financial Regulation, Foster Tech Innovation

Last week, the U.S. Department of Treasury issued the latest in a series of reports aimed at improving regulation of the U.S. financial system. The report focuses on recommendations for nonbank financials, fintech, and innovation. NAR provided feedback on...
August 8, 2018

Instant Reaction: July Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in July: The economy is rolling along and jobs are being created. Though the latest monthly...
August 3, 2018

NAR Applauds Senate Passage of Flood Insurance Extension

NAR President Elizabeth Mendenhall released the following statement after today’s U.S. Senate vote on legislation extending flood insurance funding. The bill, which cleared the House last week, is expected to be signed into law by the President before tonight’s...
July 31, 2018

Realtors Support Flood-Insurance Reform (Letter to the Editor Published in the WSJ)

The National Association of Realtors has been a vocal supporter of comprehensive reforms to the National Flood-Insurance Program. Regarding your editorial “Hurricane Scalise” (July 21): The National Flood Insurance Program (NFIP) has been renewed 41 times since 1998, with...
July 30, 2018

Existing-Home Sales Subside 0.6 Percent in June

Existing-home sales decreased for the third straight month in June, falling 0.6 percent to 5.38 million sales as declines in the South and West exceeded sales gains in the Northeast and Midwest, according to the National Association of REALTORS®....

Instant Reaction: June Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics (BLS) report on the employment situation in June: “A total of 213,000 net new jobs in June and 2.4 million over the past...

Pending Home Sales See Modest Decrease in May

Pending home sales inched back 0.5 percent in May, falling on an annualized basis for the fifth straight month, according to NAR.  A decline in contract activity in the South offset gains in the Northeast, Midwest and West. Lawrence...
June 27, 2018

NAR Statement on Kathy Kraninger Nomination for BCFP Director

National Association of Realtors® President Elizabeth Mendenhall released the following statement regarding President Trump’s nomination of Kathy Kraninger as the next director of the Bureau of Consumer Financial Protection: “In addition to working at the Office of Management and...
June 21, 2018