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Latest Realty News from NAR

Pending Home Sales Leap 5.5% in February

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable hike in contract activity last month.

The Pending Home Sales Index,* www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, jumped 5.5 percent to 112.3 in February from 106.4 in January. Last month's index reading is 2.6... Read More

6 REALTORĀ® Associations Honored for Community Outreach

WASHINGTON (March 28, 2017) – The National Association of Realtors® has honored six Realtor® associations across the country with Community Outreach Awards. These awards recognize associations that have worked within their communities to make them a better place to live and do business.

“Realtors® are community leaders and are dedicated to building successful neighborhoods and advocating on behalf of homeowners,” said NAR President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, a division... Read More

Existing-Home Sales Stumble in February

WASHINGTON (March 22, 2017) — After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year ago levels both nationally and in all major regions, according to the National Association of Realtors®.

Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, retreated 3.7 percent to a seasonally adjusted annual rate of 5.48 million in February from 5.69 million in January. Despite last... Read More

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Brian Block, Managing Broker/Realtor®
RE/MAX Allegiance

5100 Leesburg Pike, Suite 200
Alexandria, VA 22302
703-626-0715
brian@brianblock.com

Serving Northern Virginia
& Washington D.C.

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