All-Cash Sales Up While Distressed Sales and Investors Decline

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Media Contact: Walter Molony / 202-383-1177 / Email (May 8, 2014) – Analysis of data collected for the Realtors® Confidence Index shows the market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said the findings are counterintuitive. “Distressed home… Read more »

MORTGAGE REFORM GAINS STEAM

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Brown Meets at White House as Mortgage Reform Gains Steam On March 21, 2014, in Breaking News, by Robert Freedman More Sharing ServicesShare|Share on printShare on facebookShare on twitterShare on email Brown with NAHREP President Jason Madiedo NAR President Steve Brown met at the White House with the federal government’s top housing officer, HUD Secretary Shaun Donovan,… Read more »

Good News! Senate passes Flood Insurance Bill

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  On Thursday the US Senate gave final congressional approval to the Homeowner Flood Insurance Affordability Act (HR.3370). The bill passed the Senate 72-22. It has passed the House and will now head to the President’s desk for signature. The bipartisan legislation going to the White House includes offsets for the costs of H.R.3370, which… Read more »