Pending home sales slump for second-straight month

Pending home sales saw a slight slump in July, dropping 1.8 percent to a Pending Home Sales Index of 110.7, according to the National Association of Realtors. Continue reading

Existing-home sales rise for second consecutive month in July

Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading

Home prices jump by double digits across nearly every US metro

The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR. Continue reading

Pending home sales fall further than expected in June

Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors’ Pending Home Sales Index, released Thursday. Continue reading

Transitioning into summer, high-end properties are seeing a cool down

As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in particular, seem to be available and lingering on the market longer. Continue reading

10 scenarios that can get new agents ethics violations, lawsuits or worse

As a newbie, you don’t want to find yourself amid an ethics violation, lawsuit or worse, but it can happen to even the most earnest of agents. Here are 10 hypothetical situations that help illustrate how you can avoid some very real problems. Continue reading

Blackstone shells out $6B to re-enter rental market

Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. after a competitive bidding process. Continue reading

U.S. existing home prices hit another record high in May: NAR

Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Association of Realtors (NAR). Home prices rose across al… Continue reading

Ahead of Juneteenth, Atlanta Realtors Association apologizes for history of discrimination

The Atlanta Realtors Association issued the first apology in its 111-year history to members and the communities they serve for its history of discriminatory practices while making a commitment to supporting an inclusive community in the future. Continue reading

Norman Flynn, former NAR president, dies at 79

As president of NAR, Flynn focused much of his efforts on tackling housing affordability, supporting bills to reinstate a housing policy in order to further the American dream of homeownership. Continue reading