NAR Chief Economist Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates. Continue reading
Lawrence Yun said home prices will rise 1 percent and sales will dip 7 percent next year before recovering in 2024, in contrast to a Fannie Mae forecast last month that predicted falling prices in 2023. Continue reading
Karl Rove, deputy chief of staff to President George W. Bush, and April Ryan, the longest-serving Black female White House correspondent, spoke at NAR’s Legislative and Political forum Saturday. Continue reading
TheSkimm co-founders Danielle Weisberg and Carly Zakin took to the virtual stage at the National Association of Realtors’ annual conference, NAR NXT, on Friday. Continue reading
Annual home price growth fell from 14 percent in the second quarter to below 9 percent,, according to the National Association of Realtors latest quarterly metro home price report, released Thursday. Continue reading
As the hurricane approaches, likely thousands of Realtors have had their flights canceled and are unable to reschedule, waiting to see if their reservations hold or exploring travel alternatives. Continue reading
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents. Continue reading
NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics. Continue reading
Federal court in Seattle grants the discount brokerage’s motion to compel on the grounds that the data could show whether Zillow and NAR caused harm to REX or to competition in general. Continue reading
Existing-home sales sagged 1.5 percent to a seasonally adjusted annual rate of 4.71 million, 23.8 percent lower than in Sept. 2021, according to data released Thursday by the National Association of Realtors. Continue reading