Plaintiffs end suit accusing companies of defrauding agents

Former sales reps drop claims that Move, its parent company News Corp. and the National Association of Realtors discriminated against them and used them to lie to agents. Continue reading

Home price growth is scaling back, but not everywhere at once: NAR

Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in the second quarter, but overall numbers point to a housing market in the opening stages of a cooldown, according to a report. Continue reading

Real (Estate) Talk: Is this overzealous charity work or rightful amends by NAR?

Historical inequities in the real estate industry created harm, according to author and trainer Lee Davenport. As Realtors, we have a collective responsibility to make things right, or at least better. Continue reading

Realtor income rose by double digits in 2021, says NAR’s Member Profile

The trade association’s 2022 report finds that the median gross income for Realtors overall grew 25.3 percent last year, but the increase was smaller for sales agents Continue reading

NAR chief economist: Don’t expect big changes in mortgage rates

Speaking at NAR’s Real Estate Forecast Summit on Wednesday, Chief Economist Lawrence Yun said “inventory is turning” and the housing market is heading back toward a pre-COVID normal. Continue reading

Commission study paid for by HomeServices comes under fire

The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on a faulty premise. Continue reading

Vanguard Properties promotes industry leader to executive role

Nina Dosanjh has worked in real estate for 12 years. She acts as treasurer for the San Francisco Association of Realtors and was named among Inman’s Real Estate Influencers of 2017. Continue reading

The international buyer pool dropped to a new low last year

Foreign buyers, either noncitizens living in the U.S. or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports. Continue reading

Home sales fall for 5th month as median prices hit record high

Sales of existing homes ticked down 5.4 percent between May and June, falling 14.2 percent from a year ago, as median prices rose to $416,000, according to the National Association of Realtors. Continue reading

NAR inks deal with Rental Beast offering agents access to technology

In addition to the software’s application and screening capabilities, members will leverage courses within the technology provider’s educational component, Rental Beast University. Continue reading