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RealtorsĀ®, 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

84 Percent of Americans See Homeownership as Good Investment, Affordability a Growing Concern

WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white Americans view the lack of available affordable housing as a big problem, compared to only 40 percent of married and white Americans.

The survey, www.nar.realtor/reports/housing-pulse-surveys, measures consumers’ attitudes and... Read More

© 2017 Knoxville Area Association of Realtors Multiple Listing Association. All rights reserved. The data relating to real estate for sale on this web site comes in part from the IDX program of the Multiple Listing Service of the Knoxville Area Association of RealtorsR. IDX information is provided exclusively for personal non-commercial use and it may not be used for any purpose other than to identify prospective properties to purchase. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information last updated on 2017-07-23.

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