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November 28, 2006

News Summary for November 28

Leading news outlets, including MarketWatch and ABC News, quoted chief economist David Lereah and NAR President Pat Vredevoogd Combs on October’s existing-home sales, which showed that sales of existing homes rose slightly in October, continuing the transition to a more normal market. "After a period of price adjustment, we'll see more confidence in the market and a lift to home sales should be apparent in the first quarter of 2007," said Lereah.

The New Orleans Times-Picayune wrote a story about the city’s ability to successfully host the recent REALTORS® Conference & Expo, November 10-13, which brought more than 25,000 Realtors and guests to the city.

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News coverage shapes perceptions of people, organizations and entire industries.
Yet few of us understand what goes into the making of a news story. “NAR in the News” will give its readers a peek behind the scenes into how journalists cover the nation’s largest trade association and the 1.2 million REALTORS® it represents.

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