NCJAR News
U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-overyear, driven largely by purchases of homes priced $500,000 and above. Monthover-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains.
- Single Family Closed Sales were up 8.6 percent to 1,128.
- Townhouse-Condo Closed Sales were up 1.8 percent to 290.
- Adult Communities Closed Sales were down 2.6 percent to 37.
A REALTOR member who has held membership in the National Association as a REALTOR for a cumulative period of forty (40) years and has completed at least one (1) year of service at the National Association level as an officer, director, committee member, federal political coordinator, President’s liaison or a regional coordinator to a country with which NAR has a reciprocal agreement, shall upon certification by the Board of Directors be designated "REALTOR EMERITUS.
On Thursday, February 27th, we hosted an incredible Networking Social at Thatcher McGhee's, and it was a fantastic evening!
A big thank you to everyone who attended and made this event a success! It was wonderful to see so many REALTORS® come together to connect, unwind, and build valuable professional relationships. From the delicious appetizer buffet to the three complimentary drinks, the atmosphere was relaxed and welcoming—perfect for networking and enjoying great conversations.
We’d like to extend our heartfelt thanks to all the NCJAR members and non-members who joined us. Your participation helped make the evening memorable, and we appreciate you being part of this community event.
We hope everyone left with new connections and refreshed after a fun evening. We can’t wait to see you at our next event!
Stay tuned for more opportunities to network and connect with your professional community. Thank you again for making this event such a success!
Wherever you buy a home in the United States, property taxes are an unavoidable part of homeownership. Here’s what every homebuyer should know:
What Are Property Taxes?
Property taxes are levied by local governments based on the assessed value of a property. These funds are essential for maintaining public services, including schools, emergency services, and infrastructure. In some states, personal property like vehicles and boats may also be taxed.
Can Homebuyers Determine Property Taxes Before Purchasing?
Yes! Real estate listings often include details about a property’s annual tax bill. Buyers can also request the seller’s latest tax bill and inquire about the property's last reassessment. Keep in mind that assessed values may change after a sale, as they are typically adjusted based on the purchase price.
