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Real Estate News!!!

Latest Realty News from NAR

Flood Insurance Legislation Promises Flexibility for Consumers

WASHINGTON (April 28, 2016) — Property owners who opt to purchase flood insurance in the private market rather than through the National Flood Insurance Program may do so under current rules, but they risk paying higher rates if they return to the NFIP. H.R. 2901, the "Flood Insurance Market Parity and Modernization Act," passed the U.S. House of Representatives today by a vote of 419-0 and seeks to alleviate that concern.

The National Association of Realtors® stands firmly behind the effort.

"Realtors® know that a robust National Flood Insurance... Read More

Pending Home Sales Maintain Momentum in March

WASHINGTON (April 27, 2016) — Pending home sales increased slightly in March for the second consecutive month and reached their highest level in almost a year, according to the National Association of Realtors®. Only the West region saw a decline in contract activity last month.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 1.4 percent to 110.5 in March from an downwardly revised 109.0 in February and is now 1.4 percent above March 2015 (109.0). After last month’s slight... Read More

Existing-Home Sales Spring Ahead in March

WASHINGTON (April 20, 2016) — Bolstered by big gains in the Northeast and Midwest, existing-home sales bounced back in March and remained slightly up from a year ago, according to the National Association of Realtors®.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped 5.1 percent to a seasonally adjusted annual rate of 5.33 million in March from a downwardly revised 5.07 million in February.... Read More

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Elder & Co Realtors
2225 S Main St
Grove, OK 74344
Phone: 918-786-3854
Email: elderco@elderco-realestate.com

Elder & Co Realtors-Arkansas
Branch Office
609 SW 8th St
Suite 600
Bentonville, AR 72712
Phone: 479-286-1345
Email: elderco@elderco-realestate.com

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