Compliance with the lead-based paint regulations is expected to be deferred for six months to a year after issuance, according to HUD officials. The earliest date that practitioners would have to comply would be late June 1996. The regulations implement the federal Lead-Based Paint Law, which was passed by Congress in 1992.

Determining what's ahead for the real estate industry in today's fast-paced, fast-changing world is no easy task. But it's one that NAR's 55-member Strategic Planning Committee has embraced. Here's a peek at its work in progress.

The U.S. Department of Veteran Affairs' inventory of defaulted residential properties dropped to its lowest level in 14 years at the end of fiscal year 1995, thanks, in part, to increased support of the VA's real estate-owned (REO) sales program by real estate brokers and sales associates.