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The Latest Breaking News from NAR

With homebuying ‘more expensive than ever,’ buyers are backing out of deals at a record pace

Last month saw more in-contract sales canceled than any June on record, according to Redfin.

Fortune

June US Home Sales Slower Than Expected, Prices Hit Fresh High

US existing home sales dropped more than expected in June, according to industry data released Tuesday, while the median price hit a new high.

International Business Times

US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump

Sales of U.S. homes to foreign nationals have fallen to the lowest level in more than a decade, hampered by a strong dollar and many of the hurdles that have kept the housing market in a deep sales slump for over two years

The Independent UK

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U.S. real estate is so expensive it's even keeping out wealthy foreign homebuyers

Foreign buyers haven’t purchased so few homes since 2009—15 years ago.

Fortune

US Home Prices Reach Record Highs, Creating Divide Among Buyers

Learn about the record-high US home prices and the challenges faced by first-time buyers in the competitive housing market.

Top News

Selling a home is expensive, too. Homeowners spend $55,000 on average to offload their properties

The NAR settlement could change seller costs, but it might burden buyers.

Fortune

The master multitaskers: what do realtors really do?

Realtors and real estate agents alike are focused on finding and serving clients.

Fortune

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The New Apostolic Reformation Wants God’s Government Back

A “prophetic” movement, led in part by Texans, is gaining ground—and everyone should pay attention.

Texas Observer

In-Ground vs. Above-Ground Pools: Which Is the Best Investment?

A pool is an expensive home improvement project that will likely improve your quality of life, but it doesn’t necessarily add value to your home.

Kiplinger

Cracking the Christian nationalist code

The Christian right has a clearly anti-democratic agenda — but it's concealed with deliberately confusing terms

Salon

“A formula for civil war”

What every American should know about Alito's Appeal to Heaven flag

Salon

US Existing Home Sales Slip In April On Still High Mortgage Rates

Existing home sales in the United States crept lower in April as mortgage rates remained elevated, industry data showed Wednesday.

International Business Times

US housing market faces biggest shakeup in years – here’s what we know

A powerful group has agreed to a rule change on how real estate agents are compensated – which could leave the industry scrambling

The Guardian - US

Anthony Lamacchia: An Outspoken Voice For The Real Estate Industry

With his strong media and online video presence, Lamacchia stands as an outspoken defender of the industry and Realtors, a role few are willing to undertake.

International Business Times

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International Business Times

US Home Sales Rise In February By Most In A Year

Sales of existing homes made the biggest jump in a year last month on improved housing supply, according to industry data released Thursday, as mortgage rates held at slightly lower levels.

Barchart

Traders May Enjoy ‘Double Duty’ With Zillow (Z) Options

A legal settlement may end up lowering broker commissions on real estate sales, hurting a key revenue stream for Zillow. Still, traders can play both sides of Z stock.

Kiplinger

Your Home Selling Costs To Fall Following NAR Settlement

The standard 5% to 6% broker commission on home sales is about to become a thing of the past as the National Association of Realtors agrees to change rules.

Kiplinger

Your Guide to the Housing Market in 2024

The challenging housing market conditions that dominated 2023 are easing, but buyers and sellers must take action to stay ahead.

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WEKU

Alabama justice's ties with far-right Christian movement raise concern

In the days after Alabama's Supreme Court deemed frozen embryos to be "extrauterine children," the chief justice's ties to a movement that experts call "Christian extremist" have come to light.

Kiplinger

Home Sales Hit Lowest Level in Nearly 30 Years

Existing home sales fell last year as low inventory, decreased affordability and high interest rates pressured the housing market.

International Business Times

US Existing Home Sales Fall To Lowest Level Since 1995

US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the lowest level since 1995, said industry data released Friday.

Fortune

National Association of Realtors head appointed after sexual harassment scandal, $1.8 billion verdict quits, claiming blackmail

Tracy Kasper claims she was threatened with disclosure of a “past personal, non-financial matter” unless she stepped down. She reported it to police.

Chicago Sun-Times

National Association of Realtors president resigns, blames blackmail threat

Tracy Kasper is the latest leader to depart the embattled organization that represents 1.5 million members. President-elect Kevin Sears will replace her, the association said.

Top News

NAR President Resigns Amid Threats: Leadership Turmoil Continues

National Association of Realtors faces more turmoil as president resigns after receiving personal threat. Steps taken to protect organization's integrity.

Fortune

Commercial real estate has a ‘muted’ outlook after a near-death experience in 2023, Moody’s economist says—and ‘office will continue to face the most strain’

“Across all sectors,” says Ermengarde Jabir, senior economist with Moody’s Analytics, “there will be a continued recalibration of sorts.”

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