Q2 HOME SALES UP NEARLY 10 PERCENT OVER 2015-Fierce Buyer Demand, Rising Prices and Low Inventory De
(INDIANAPOLIS, IN) — The Indiana housing market experienced steady growth in June, wrapping up second-quarter 2016 with increases in the median selling price and existing-home sales over 2015. This data is found within the Indiana Real Estate Markets Report today released by the state’s REALTORS®. Statewide year-to-date comparisons (Q2 2016 vs. Q2 2015) show: • Pending home sales increased 7.3 percent to 44,986 • Closed home sales increased 9.1 percent to 41,511 • Median sale
NAR-backed Condo Legislation Passes U.S Senate, Offers Relief for Homebuyers
MEDIA CONTACT: JON BOUGHTIN / 202-383-1193 The U.S. Senate tonight passed H.R. 3700, the "Housing Opportunity Through Modernization Act," by unanimous consent. This legislation includes reforms to current Federal Housing Administration restrictions on condominium financing, among other provisions, and is long supported by the National Association of Realtors®. Changes include efforts to make FHA's recertification process "substantially less burdensome," while lowering FHA's c
