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Latest Realty News from NAR

Existing-Home Sales Retreat 1.8 Percent in June

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an increase in sales last month.

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, decreased 1.8 percent to a seasonally adjusted... Read More

Realtors®, House Financial Services Committee Reach Agreement to Move Key Flood Insurance Legislation Forward

WASHINGTON (July 20, 2017) – The National Association of Realtors® today said that significant improvements to the “21st Century Flood Reform Act,” key legislation aimed at strengthening and reauthorizing the National Flood Insurance Program, have cleared the way for endorsement of the bill. Among the changes, Realtors® support the House Financial Services Committee’s commitment to retaining “grandfathering” – a policy that protects homeowners from... Read More

Foreign U.S. Home Sales Dollar Volume Surges 49 Percent to Record $153 Billion

WASHINGTON (July 18, 2017) – Fueled by a substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new high, as transactions grew in each of the top five countries where buyers originated.

This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors ®, which also revealed that nearly half of all foreign sales were in three states: Florida, California and Texas.

NAR’s 2017 Profile of International... Read More

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Sumner Realty, serving Dallas-Fort Worth for over a decade.  Please keep in mind that in a hot market some listings may have contracts quickly.  We cannot guarantee that every listing you see will actually be available at the moment you see it listed.  We rely on a centralized database, commonly referred to as the Multiple Listing Service (MLS), which is owned by NTREIS and contains a very large amount of data maintained by thousands of people - we cannot guarantee its complete accuracy nor its timely being updated to reflect the actual availability of a particular property.  All data are the property of their respective owners.  We have intellectual property rights in content we created, as do other others.  No content may be used for purposes other than general information about real estate and searching through listing data provided through the MLS.  Making a profit on any content found on this website is strictly prohibited.  © Copyright 2003-2014, Sumner Realty.  For licensing information contact us.

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