National Association of Realtors
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BEVERLY HILLS, Calif., July 1, 2011 /PRNewswire/ -- Findings from the National Association of Realtors' (NAR) Pending Home Sales Index reveal that contract signings rose 8.2% in May, which is 13.4% higher than May 2010. This represents the largest gain since November 2010, and the greatest increase from year-ago percentages since April 2010.
Lawrence Yun, chief economist for NAR, believes that this signals good news for residential real estate. "This solid gain in contract signings implies that home values in many localities are or will soon be stabilizing as inventories get absorbed at a faster pace," Yun said. According to the NAR study, pending home sales have steadily climbed during seven of the previous 11 months.
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To: REAL ESTATE EDITORS
Contact: Walter Molony of the National Association of Realtors, +1-202-383-1177, wmolony@realtors.org
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I told a soldier in Fort Hood when I was visiting with him the other day, I said, "How's it going in the military?" He said, "Fine, but how come you don't do something about gas prices?" [Laughter] And I said, "If I could, I would. If I could just say, 'Lower the price,' I'd say that." That's not the way it works. We need to address the root causes that are causing gasoline prices to go up.
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Appeal from the United States District Court for the District of Columbia (No. 88cv02926).
Alan Banov, Washington, DC, argued the cause and filed the...
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WHITE RIVER JUNCTION, Vt. -- Maponics (www.maponics.com), provider of location-based data, announced today that the National Association of REALTORS[R...
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To: National Desk, Business and Real Estate reporters
Contact: Walter Molony of National Association of Realtors(r), 202-383-1177, or Wmolony@realtors.org
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Respectable job growth, improving fundamentals, favorable interest rates and limited speculative construction suggest strong investor appetite will continue in 2007, according to a recent commercial market update and forecast from the National Association of Realtors (NAR).
Investment in commercial real estate rose 11 percent to a record $306.8 billion in investment-grade transactions in 2006, with office buildings leading the way. Institutional investors continue to pour funds into commercial real estate, commercial lending volume is up and delinquencies remain relatively low.