John Mercier

Stronger Economy, Solid Job Growth Expected to Boost Home Sales in 2015

WASHINGTON (January 7, 2015) – Existing-home sales are forecasted to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released information on his 2015 housing market expectations. 

NAR Supports Pending FIRPTA Legislation

  While NAR has existing policy on immigration reform that touches on the principles that should ideally govern the taxation of foreign citizens investing in U.S. real estate, no policy explicitly mentions the Foreign Investment in Real Property Tax Act (FIRTPA). The question of whether NAR should support pending legislation designed to attract more foreign […]

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