Housing Wire

OCTOBER 21, 2024

The controversial Clear Cooperation Policy from the National Association of Realtors continues to spark debate — for several reasons — among real estate professionals. Fooling themselves’ While some in the real estate industry find the argument of increased seller choice compelling, others are not buying it.

Brokerage 432

Brokerage Real Estate Sellers Agents 432

Housing Wire

JANUARY 19, 2024

Unlike other MLSs, MetroList is not exclusively owned or operated by Realtor associations affiliated with the National Association of Realtors. Instead MetroList is owned and operated by local Realtor associations and California Real Estate Brokers, Inc. 18, 2020, and the present.

Realtors 388

Realtors Real Estate Real Estate Agent Buyers 388

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. Sellers think it’s a seller’s market. From March 2020 to July 2022, the median home price rose 23% before hitting a brief lull.

Housing Market 397

Housing Market Marketing Sellers Buyers 397

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older.

Real Estate Agent 342

Real Estate Agent Buyers Sellers Realtors 342

Housing Wire

MARCH 8, 2024

District Court in New Orleans, home seller plaintiff Joseph C. The lawsuit names the National Association of Realtors and Keller Williams as co-conspirators, but they are not defendants in the suit. “The In a lawsuit filed on Tuesday in U.S. The plaintiff is demanding damages, a permanent injunction and a jury trial.

Brokerage 409

Brokerage Sellers Realtors Agents 409

Housing Wire

FEBRUARY 12, 2024

On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. 9, 2020, and the present, and paid a buyer broker commission. 9, 2020, and the present, and paid a buyer broker commission. Yet another copycat commission lawsuit has hit the court dockets.

Real Estate 456

Real Estate Real Estate Agent Realtors Buyers 456

Lamacchia Realty

NOVEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for October 2024! has released its “Top Producing REALTORS®,” for October 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 69

Realtors Realty Real Estate Clients 69

Housing Wire

NOVEMBER 5, 2024

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. The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse.

Realtors 449

Realtors Housing Market Construction Real Estate 449

Housing Wire

JULY 23, 2024

That’s according to June’s existing-home sales data from the National Association of Realtors (NAR), which reflect the problems that have hampered housing markets since mortgage rates began to rise in 2022. the highest number since the early days of the COVID-19 pandemic in May 2020. Sales of existing homes in June fell 5.4%

Inventory 483

Inventory Buyers Sellers Inspection 483

Lamacchia Realty

OCTOBER 9, 2024

Lamacchia Realty's Top Producing REALTORS® for September 2024! has released its “Top Producing REALTORS®,” for September 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

AUGUST 29, 2024

That’s according to the July pending home sales index from the National Association of Realtors. to the second lowest seasonally adjusted rate in the data’s history, topping only April of 2020 when the market was frozen by the pandemic. On an annual basis, the index fell by 8.5% The index fell by 5.5% month over month to 70.2.

Buyers 438

Buyers Realtors Inventory Sellers 438

Lamacchia Realty

SEPTEMBER 11, 2024

Lamacchia Realty's Top Producing REALTORS® for August 2024! has released its “Top Producing REALTORS®,” for August 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

JULY 23, 2024

Originally filed in 2020 by Top Agent Network (TAN), the suit takes aim at the National Association of Realtors ’ (NAR) ban on pocket listings via its Clear Cooperation Policy. The second of two lawsuits dealing with pocket listings has been allowed to proceed after a U.S. … PLS also alleges that the effort succeeded.’

Realtors 395

Realtors Agents Real Estate Marketing 395

Housing Wire

MAY 15, 2024

That’s a swing of 17% fewer sellers in just a matter of days. The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 What’s not measured in the FHFA paper is how by 2023, seller volume had already been declining for nearly a decade.

Mortgage 426

Mortgage New Listings Inventory Sellers 426

Housing Wire

MARCH 28, 2024

The MLS added that in the DOJ’s argument about steering, it did not acknowledge that the rule changes also made information about sellers’ offers of compensation available to other consumers. DOJ’s apparent change of heart in its [statement of interest] in this case is striking,“ NWMLS wrote in the draft of its brief. “DOJ’s

Sellers 388

Sellers Contracts Buyers Realtors 388

Housing Wire

JULY 23, 2024

The affordability issues we are now seeing make the housing market more balanced in the supply levels between buyers and sellers. From NAR : Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of REALTORS®.

Marketing 477

Marketing Inventory Housing Market Buyers 477

Lamacchia Realty

JULY 31, 2024

has released their “Top Producing REALTORS®,” for the Mid-Year 2024! This program recognizes the Top 10 REALTORS® company-wide and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the first 6 months of the year! Lamacchia Realty, Inc. Nicole was honored with the 2023 Meghan A.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

SEPTEMBER 3, 2024

In response, Bright MLS chief economist Lisa Sturtevant noted that while “declining rates are good for both buyers and sellers,“ rates are not yet low enough to alleviate the lock-in effect that has stopped many potential listings in their tracks. As rates fall, the rate gap is going to be less of an obstacle to sellers.

Mortgage 481

Mortgage Inventory Buyers Sellers 481

Appraisal Buzz

JULY 23, 2024

According to the National Association of REALTORS , existing-home sales decreased in June while the median sales price increased to the highest amount ever recorded for the second consecutive month. We’re seeing a slow shift from a seller’s market to a buyer’s market,” said Lawrence Yun, Chief Economist at NAR. In May 2020 (4.5

Inventory 395

Inventory Inspection Realtors Sellers 395

Housing Wire

JULY 24, 2024

Indianapolis-area Realtor Annie Caruso, a founding member of Circle Real Estate, had a buyer coming from the Chicago area for just these reasons. Realtors in the area say that buyers who were trying to wait out the high rate environment are choosing to accept that current rates are simply the new normal. But rate cuts are looming.

Marketing 421

Marketing Realtors Buyers Property Taxes 421

Lamacchia Realty

JUNE 7, 2024

has released its “Top Producing REALTORS®,” for May 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

Realtors 74

Realtors Realty Real Estate Clients 74

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 Total inventory data is deficient, and this was my biggest fear in the years 2020-2024, and it happened. I thought creating the term forbearance crash bros in the Summer of 2020 would help educate homebuyers.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

SEPTEMBER 5, 2024

It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020. This dovetails with recent pending sales data from the National Association of Realtors. According to a housing trends report from Realtor.com, active listings were up nearly 36% year over year in August.

Inventory 441

Inventory Buyers Sellers Mortgage 441

Housing Wire

OCTOBER 23, 2023

In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions. According to Warner, the module that mentions commissions had just 138 views in 2020 and 2021, combined, among HomeServices’ 51,000 agents.

Law 451

Law Agents Realtors Contracts 451

Housing Wire

AUGUST 3, 2023

The 8th Circuit Court of Appeals’ three-judge panel concurred with a lower district court’s decision that HomeServices is not permitted to enforce arbitration agreements signed by seller clients of franchisees under its authority. billion in commissions they paid to buyers’ agents in the past eight years.

Realtors 334

Realtors Real Estate Sellers Buyers 334

Lamacchia Realty

JULY 11, 2024

has released its “Top Producing REALTORS®,” for June 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! is a passionate and knowledgeable REALTOR® with almost two decades of active-duty military experience.

Realtors 69

Realtors Realty Real Estate Clients 69

Lamacchia Realty

JANUARY 11, 2024

has released their “Top Producing REALTORS®,” for all of 2023! This program recognizes the Top 10 REALTORS® out of the over 500 agents in Lamacchia Realty by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the year! Cyndi thrives to make her buyers and sellers her top priority.

Realtors 74

Realtors Realty Real Estate Agents 74

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 74

Sellers Realtors Buyers Inventory 74

Housing Wire

MAY 3, 2023

According to RealTrends’ historical data, agent commissions reached a high point in 1991 at an average of 6.10% and fell to a nadir of 4.94% in 2020 before climbing to 5.06% in 2021 and 5.32% in 2022. Relatedly, discount brokerages have promised big savings to sellers for decades. They were wrong. They’ve never caught on.

Agents 430

Agents Real Estate Agent Brokerage Real Estate 430

Housing Wire

NOVEMBER 4, 2022

The National Association of Realtors (NAR) released a report on Friday that found 88% of all first-time homebuyers in the U.S. These factors also impacted when, where and how buyers purchased homes, according to NAR’s 2022 Profile of Home Buyers and Sellers , which also analyzed the demographic of buyers and sellers across America.

Sellers 387

Sellers Buyers Real Estate Agent Real Estate 387

Housing Wire

AUGUST 28, 2024

Iowa Realtor Lori Bogle has a similar story. But in July 2020, she stopped drinking and also turned to Tom Ferry’s YouTube channel. Instead, agents view the rule changes as an opportunity to better serve their buyers and sellers. This, I think, does work for our sellers.

Agents 455

Agents Real Estate Realty Real Estate Agent 455

Lamacchia Realty

OCTOBER 11, 2023

has released its “Top Producing REALTORS®,” for September 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! She was awarded Most Sales and Most Sales Volume in 2018 2019 , 2020 , and 2021 for our Woburn Office.

Realtors 74

Realtors Realty Real Estate Clients 74

Lamacchia Realty

DECEMBER 11, 2023

THE HIDDEN COSTS OF SELLING YOUR HOME WITHOUT A REALTOR® There is no denying it, the housing market has been a rollercoaster over the last several years. From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change.

Realtors 74

Realtors Real Estate Agent Sellers Realty 74

Housing Wire

APRIL 1, 2021

But they point to something more specific – homebuyers and sellers surprised to interact with a non-white real estate agent. Just 6% of all of the National Association of Realtors’ 1.4 million members in 2020 identified as Black, despite respondents having the option of identifying with more than one race.

Real Estate Agent 413

Real Estate Agent Real Estate Agents Open Houses 413

Housing Wire

NOVEMBER 12, 2020

According to the National Association of Realtors 2020 Profile of Home Buyers and Sellers, 47% of potential homebuyers said student loan debt was the biggest obstacle in saving for a downpayment. What is holding back potential homeowners from buying?

Buyers 478

Buyers Sellers Realtors Inventory 478

Housing Wire

OCTOBER 30, 2023

Originally filed in December 2020, the Nosalek lawsuit , named after its lead plaintiff, alleges that the broker-owned MLS PIN is not directly required to abide by the National Association of Realtors (NAR) rules. Despite initial skepticism , Saris ultimately approved the settlement in mid-September.

Realtors 396

Realtors Real Estate Buyers Sellers 396