Home prices are so high, pending sales have dropped for 7 months in a row

Pending home sales dropped 0.7 percent month-over-month and 2.3 percent year-over-year to 106.2 — the seventh consecutive month of annualized declines Continue reading

NAR subsidiary RPR cuts staff by 10% to meet budget goals

Realtors Property Resource (RPR), a subsidiary of the National Association of Realtors (NAR) has slashed 10 percent of its staff as part of a restructuring to help meet 2019 budget directives, RPR confirmed Tuesday in a news release. Continue reading

WATCH: New NAR ads show homebuyers weirding out over property details

The National Association of Realtors has a new series of online ads — in them, people like parts of a house so much that they turn a little crazy. Continue reading

Existing-home sales dropped 0.7% in July, extending 4-month decline

Existing home sales dropped 0.7 percent to a seasonally adjusted 5.34 million in July, declining for the fourth consecutive month. Continue reading

NAR launches financial wellness program for 1.3 million members

As agent income declines, trade group says financial tools for member success in business and in life remains a priority.

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Lingering listing photos create conundrum for real estate agents

Ask any real estate listing agent, and they’ll tell you how important photos are in helping sell a home, but what should happen to those photos after the deal is closed or the listing expires? Continue reading

Illinois Realtors president-elect resigns abruptly, cites ‘family’

Illinois Realtors said Wagner had cited “the need to spend more time with family and focus on his job” in his resignation letter on Monday. Continue reading