The seller’s market is roaring back as buyers vie for limited inventory

A “drought” of new listings is driving up prices, reversing the sluggishness of late 2022 and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow. Continue reading

‘AI terrifies me’: Tips for Realtors on how to avoid the new tech’s pitfalls

At NAR’s midyear conference, Senior Counsel Chloe Hecht offered best practices to help navigate artificial intelligence without running afoul of copyright law or the Realtor Code of Ethics. Continue reading

NAR chief economist: ‘The Fed made a mistake’

At the Realtors Legislative Meetings’ Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024. Continue reading

Soaring spring home prices are very real — and widespread: NAR

For now, a seasonal surge in home activity has arrested falling prices in most U.S. markets, according to Q1 metro home price data released Tuesday by the National Association of Realtors. Continue reading

Fair housing training for agents will be mandatory under NAR proposal 

The National Association of Realtors’ Board of Directors will vote Thursday on requiring its 1.5 million members to complete two hours of fair housing training every three years beginning in 2025. Continue reading

NAR membership dues would rise with inflation under new proposal

To cover an expected budget deficit, the National Association of Realtors’ Finance Committee has proposed aligning dues with the Consumer Price Index, increasing the likelihood of annual hikes. Continue reading

NAR raises alarm on floor plan use, vacant lot scams, ‘unfair’ contracts

Charlie Lee, the National Association of Realtors’ senior counsel, spoke on legal issues impacting agents at the MLS Association Executives Session at the Realtors Legislative Meetings on Sunday. Continue reading

Lawsuits, housing and AI: What to watch as NAR’s ‘midyear’ unfolds

The Realtors Legislative Meetings will run May 6-11 and some sessions will be live-streamed for National Association of Realtor members. Here’s everything to look for as the conference starts. Continue reading

Value of promoting sustainability in listings keeps falling, Realtors say

An Inman analysis of NAR data on residential sustainability over the past seven years reveals that fewer agents and brokers believe touting energy efficiency in listings elicits meaningful results. Continue reading

REACH turns 10: Inside the NAR tech accelerator’s success rate

Since the accelerator launched a decade ago, 80 companies have graduated from the program, according to an Intel analysis. More than 75 percent are still in business and approximately 20 percent have been acquired. Continue reading