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Latest Realty News from NAR
WASHINGTON (October 27, 2016) — The National Association of Realtors® and Ulta Beauty are pleased to announce a new 10-year tenant partnership to bring Ulta Beauty’s retail store to the Realtor® Building at 430 North Michigan Avenue. Ulta Beauty is the largest national beauty retailer with more than 900 store locations across the U.S. featuring cosmetics, fragrance, skin and hair care products and salon services.
The 11,500-square-foot store on North Michigan Avenue is just steps from Chicago... Read More
WASHINGTON (October 27, 2016) — Pending home sales shifted higher in September following August's notable dip and are now at their fifth highest level over the past year, according to the National Association of Realtors®. Increases in the South and West outgained declines in the Northeast and Midwest.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, grew 1.5 percent to 110.0 in September from a slight downward revision of 108.4 in August. With last month's gain, the index is... Read More
WASHINGTON (October 20, 2016) — Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.