Pending home sales edged up 0.6 percent in August, as declining mortgage rates made home purchases more affordable, according to data released Thursday by the National Association of Realtors. Continue reading
NAR also said on Friday that any changes should maintain a host of features such as 30-year fixed-rate mortgages, affordable credit and reliable access to housing for both renters and homeowners. Continue reading
Commissions are under pressure. Average commission rates for real estate agents fell nearly 1 percent in 2017 and this trend is appearing in the National Association of Realtors 2018 member profile. Continue reading