NAR: New Fannie and Freddie mortgage fees will hit middle class

Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading

Existing-home sales dip for 11th month, but NAR sees light ahead

Existing-home sales fell 1.5 percent nationally between November and December while plunging 34 percent from December 2021, according to data released Friday by the National Association of Realtors. Continue reading

Number of Realtors hits new record high for 4th-straight year

National Association of Realtors’ membership edged ever closer to 1.6 million in 2022, but the real estate trade group expects a drop this year, according to data provided to Inman. Continue reading

US Supreme Court denies NAR petition in pocket listing case

The nation’s highest court will not be weighing in on whether the real estate trade group’s Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court. Continue reading

5 myths (you may believe) about affordable housing

Think you know the facts about affordable housing? Think again. Missy Yost debunks five common misconceptions around affordable housing and shares ideas to help you get involved in your local community. Continue reading

The 2023 housing market: A real estate ‘reckoning is at hand’

Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading

Existing-home sales drop in November as median prices inch up

Sales of existing homes in November fell 7.7 percent to a seasonally adjusted annual rate of 4.09 million, according to data released Wednesday by the National Association of Realtors. Continue reading

Proptech in 2022: Zillow rebounds, iBuyers stumble and MLSs grow up

Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022. Continue reading

Court deals blow to NAR, KW, Anywhere in commission suit

The judge denied requests filed by NAR, Anywhere, Keller Williams, RE/MAX and HomeServices of America, allowing the Sitzer/Burnett case to continue toward a new October trial date. Continue reading

NAR and Anywhere clash over commission class action trial

The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America. Continue reading