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Archive for February, 2009

NAR has been working

Posted in Real Estate Issues and Events on February 22, 2009 | 1 Comment »

For nearly four months, NAR has been working to deliver to you and to our nation a comprehensive plan to stabilize the housing market.
This week, we saw countless hours of hard work pay off – in a MAJOR way – when the federal government implemented NAR’s recommendations to stimulate housing with the signing of the [...]

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President Signs the Stimulus Bill

Posted in Real Estate Issues and Events on February 20, 2009 | Leave a Comment »

President Signs the Stimulus Bill
Article from the National Association of REALTORS

H.R. 1, the “American Recovery and Reinvestment Act of 2009″ (AARA), passed the House on February 13, 2009, by a vote of 246 – 184. On the same day, the Senate passed the bill by a vote of 60 – 39. The President signed the [...]

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NAR Pending Homes Sales Show Healthy Gain

Posted in Real Estate Issues and Events on February 4, 2009 | Leave a Comment »

Pending Home Sales Show Healthy Gain NAR’s forward-looking Pending Home Sales Index for December 2008 increased, suggesting buyers are taking advantage of improved affordability conditions. The index rose 6.3 percent to 87.7 from an upwardly revised reading of 82.5 in November, and is 2.1 percent higher than December 2007. “The monthly gain in pending home [...]

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