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Tag Archives: National Association of Realtors

CBRE: Houston Apartment Rents at All-Time High, While National Assn. of Realtors Says Rising Rents Unsustainable

HOUSTON – Multifamily rental rates hit an all-time high in Houston in 2014 according to CBRE. Rents were up 8.1 percent in 2014 over the previous year. Apartment rents have risen because Houston has been a national leader in population and job growth demand since the recession of 2009. For Houston apartment units, the average rental rate of $923 at ... Read More »

Foreign Investors: Asians No. 1 in America

WASHINGTON – Asian investors dominate foreign commercial real estate investment activity in the United States, according to a new survey from the Richard J. Rosenthal Center for Real Estate Studies at Realtor University and the National Association of Realtors. The survey found that 41 percent of those in the U.S. indicated that their international clients were from Asian countries. Some ... Read More »

Nation’s Home Market Off to a Slow Start in January

WASHINGTON – The nation’s existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, the National Association of Realtors announced Monday. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted annual ... Read More »

Operator of Realtor.com Being Sold to News Corp for $950 Million

NEW YORK– – News Corp, the owner of the Wall Street Journal, has agreed pay about $950 million to acquire Move, the operator of the massive Realtor.com web site, which carries thousands of listings of homes for sale. Move has an exclusive arrangement with the National Association of Realtors, a trade group with 1 million members. REA Group Limited, which is ... Read More »

REALTOR PLAZA: 93-Story Headquarters for National Assn. of Realtors Proposed in Chicago

CHICAGO – The National Association of Realtors reportedly has agreed to pursue the development of a 93-story office tower and mixed-use development that will house the headquarters of the trade association. The tower is expected to have the “REALTOR” logo at the top. The project would entail demolition of NAR’s existing headquarters building at 430 North Michigan Ave. and combining it ... Read More »

Houston Home Sales Hit 5-Year High

By Ralph Bivins August was the best month for Houston home sales in five years and inventory dropped to a 10-year low, the Houston Association of Realtors reported. Low mortgage rates and a strong local economy combined to lift the real estate market. The Realtors association reported 6,600 single-family homes were sold in August, the highest monthly sales total since ... Read More »

National Real Estate Recovery: A Gradual Reality

By Ralph Bivins ANAHEIM, Calif. — The nation’s residential realty market is improving, but it may be two or three years or so until the market is completely healthy again, according to Lawrence Yun, chief economist of the National Association of Realtors. Existing-home sales are forecast to increase about 1 percent in 2011, and then rise another 4 to 5 ... Read More »

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