Not so very long ago when people decided they were ready to become homeowners, most didn’t even think to consider a condo. The American Dream was a standalone house. It still is, but with limited inventory in many places and elevated mortgage rates and prices, suddenly a less expensive condo is more logical and achievable…
Monthly home sales slowed their descent but continued a downward trajectory, as reported by the National Association of Realtors® (NAR) Tuesday. Between June and July, existing-home sales decreased 1.7%, bringing the seasonally adjusted annual rate from 4.09 million to 4.06 million. Despite the drop month-over-month, NAR Chief Economist Lawrence Yun highlighted the stabilization of the…
Realtors Property Resource®, LLC (RPR)—a subsidiary of the National Association of Realtors® (NAR)—has announced the promotions of Emily Line to chief strategy officer and Janine Sieja to chief product officer. RPR stated that these promotions build on the leadership Line and Sieja already provide across RPR. In their expanded roles, they will help shape RPR’s…
The latest home price and affordability data report from the National Association of Realtors® (NAR) released Aug. 4 shows more than 80% of metro markets (176 out of 221) saw home-price increases in the second quarter of 2026, an increase from 71% in the first quarter, while 5% of metro areas recorded double-digit price gains,…
Four retired federal judges are formally protesting the procedure by which the National Association of Realtors® (NAR) and other big brokerages, including Anywhere, settled the buyer commission cases, saying that the practice will encourage “forum-shopping” by class-action defendants. In a 22-page letter, known as an amicus curiae brief, Diane Wood, David Coar, G. Patrick Murphy…
Foreign buyers purchased $45.3 billion worth of U.S. existing homes from April 2025 through March 2026, a 19% decrease in dollar value of homes purchased and a 14% decrease in number of properties from the previous 12-month period, according to the National Association of Realtors®’s (NAR) 2026 International Transactions in U.S. Residential Real Estate report,…
U.S. District Judge Stephen R. Bough has appointed two “special masters”—third parties granted significant authority over witnesses, evidence and testimony—to audit JND Legal Administration’s billing in the Burnett and Gibson commission lawsuits against the National Association of Realtors® (NAR), capping months of scrutiny over the settlement administrator’s finances. The July 27 order names Chris T.…
The National Association of Realtors® (NAR) provided the second quarterly update on its new strategic plan, as the organization has promised more transparency and a holistic turnaround after facing years of backlash in the wake of the commission lawsuits. In a statement, NAR CEO Nykia Wright, who took the reins with a mandate to make…
Existing home sales in July may not shape up to be as strong as the industry wants, looking at the latest pending sales data from the National Association of Realtors® (NAR). However, economists are not despairing just yet, as 2026 has proven to be more resilient than years past. NAR’s Pending Home Sales report saw…
Housing choices and community design remain definite priorities for homebuyers, according to a new survey from the National Association of Realtors®. NAR’s Community and Transportation Preference Survey found that homebuyers value walkability and mixed-used neighborhoods when shopping for a home: 89% of respondents said sidewalks and places to walk are important, and 82% said being…
| Older Posts |