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Travis Kessler set to retire from Texas Realtors, Mike Barnett named as new CEO

Housing Wire

Travis Kessler will retire from his role as CEO and president of the Texas Association of Realtors. Kessler, a 48-year real estate industry veteran, served as Texas Realtors’ CEO and president for 14 years. Jef Conn, the trade group’s chairman, praised Kessler for ushering Realtors and their clients toward success.

Realtors 370
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Two years after fleeing to the suburbs, homebuyers have flocked back to cities

Housing Wire

That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends. Between 2009 and 2021, the typical home purchased was built in the early 1990s. That number popped up to 50 miles in 2022 but has since fallen back to 20 miles.

Realtors 468
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Zillow CEO Jeremy Wacksman: ‘We do tech so you can do real estate’

Housing Wire

That got me here in 2009 and kept me ever since. The conversation closes with Wacksman sharing his thoughts on the National Association of Realtors ‘ Clear Cooperation Policy (CCP). To kick off the episode, Wacksman discusses the importance of technology in real estate.

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Buyers viewed just eight homes before making their purchase

Housing Wire

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. NAR Research has tracked the number of homes viewed since 1987 and eight is the lowest number on record.

Buyers 448
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International buyers purchase fewest existing homes on record: NAR

Housing Wire

International homebuyers purchased the fewest number of existing homes for any year since the National Association of Realtors (NAR) began tracking the data in 2009. On Wednesday, the trade group reported in its 2024 International Transaction in U.S.

Buyers 516
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Coldwell Banker Realty welcomes new Boston team

Housing Wire

joined the business in 2009, bringing extensive experience in sales, marketing and strategic management. He oversees the team’s operations and has served on the Greater Boston Association of Realtors ’ grievance committee, which he chaired from 2022 to 2024. DelRose Sr. also serves as a trustee at Watertown Savings Bank. DelRose Jr.

Realty 459
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Here’s Why the Share of Existing Homes Bought by International Buyers Is Declining 

Appraisal Buzz

A new survey from the National Association of Realtors (NAR) revealed that from April 2023 to March 2024, foreign purchasers bought $42 billion worth of existing properties in the U.S., The 54,300 existing homes sold—the lowest since NAR began tracking in 2009—slid 36% from the previous year. decrease from the previous 12 months.

Buyers 395