Housing Wire

OCTOBER 23, 2024

million, according to data released Wednesday by the National Association of Realtors (NAR) On a year-over-year basis, existing-home sales were down 3.5% months in September 2023. from September 2023. After falling 2.5% in September. For-sale inventory at the end of September was 1.39 million, up 1.5% months in August and 3.4

Inventory 461

Inventory Realtors Buyers Real Estate 461

Housing Wire

JANUARY 9, 2024

Like the other commission lawsuits, the Masiello suit takes aim at the National Association of Realtors’ Participation Rule, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list a property on a Realtor-affiliated MLS. 5, 2020, and the present.

Realty 488

Realty Realtors Real Estate Real Estate Agent 488

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The suit obtained class certification in March 2023. District Court Northern District of Illinois Eastern Division before Judge Andrea R. Damages in the suit could reach $13.7

Real Estate Agent 456

Real Estate Agent Realtors Real Estate Sellers 456

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from January 2023.

New Listings 468

New Listings Real Estate Realtors Inventory 468

Housing Wire

APRIL 3, 2024

Millennials replaced baby boomers as the largest group of homebuyers in 2023. Notably, 32% of all buyers in 2023 were first-timers (up from 26% in the prior year), with millennials comprising 75% of this demographic. Buyers had to have purchased a primary residence between July 2022 and June 2023.

Marketing 526

Marketing Sellers Buyers Realtors 526

Housing Wire

MAY 29, 2024

The National Association of Realtors (NAR) reported that it had 1,509,195 members at the end of April, a decline of 2.96% from the 1,554,604 members it had at the end of 2023 but higher than its numbers in February and March. You can find more information in our recent update in Realtor Magazine.“ How many is unclear.

Realtors 436

Realtors Agents Inventory Modernization 436

Housing Wire

OCTOBER 2, 2024

The Houston Association of Realtors (HAR) , San Antonio Board of Realtors (SABOR) and Austin-based Unlock MLS are entering into a data sharing agreement that will give Realtors access to each other’s listings, with the deal set to be finalized by the end of the year.

Realtors 468

Realtors Real Estate Agents Clients 468

Housing Wire

APRIL 24, 2024

National Association of Realtors , et al., The Gibson suit was filed in late October 2023 by Michael Ketchmark, just after a Missouri jury ruled in favor of his clients in the Sitzer/Burnett suit that found real estate industry players liable for colluding to artificially inflate agent commissions.

Realtors 445

Realtors Real Estate Brokerage Law 445

Housing Wire

APRIL 8, 2024

The National Association of Realtors (NAR) unveiled a new partnership with SoFi on Monday. In October 2023 , NAR offered its members access to self-directed individual retirement accounts (IRAs) and solo 401(k) accounts through a partnership with IRAR Trust Company (IRAR).

Realtors 476

Realtors Clients Insurance Mortgage 476

Housing Wire

MAY 8, 2024

Out of 221 metro markets analyzed, 205 (93%) posted yearly home price gains in Q1 2024, while 30% experienced double-digit price gains during the same period — up from 15% in the fourth quarter of 2023 — according to the National Association of Realtors ’ (NAR) newest quarterly report. year over year in Q4 2023. in the West.

Marketing 526

Marketing Buyers Realtors Home Value 526

Appraisal Buzz

DECEMBER 19, 2024

The National Association of Realtors reports that existing-home sales increased in November. million in November 2023). month supply in November 2023 but lower than the 4.2-month existing home sales should be above 2023 levelsthough still only slightly. Three major U.S. from October to 4.15 million in November.

Inventory 312

Inventory Realtors Buyers Contracts 312

Housing Wire

FEBRUARY 28, 2024

The National Association of Realtors is facing yet another copycat commission lawsuit. At the center of the lawsuit is NAR’s Participation Rule, which requires listing brokers to make a blanket offer of compensation to buyer’s brokers in order to list a property on a Realtor association affiliated MLS. Filed on Tuesday in U.S.

Realtors 459

Realtors Legal Agents Real Estate 459

Housing Wire

JANUARY 5, 2024

The National Association of Realtors saw its membership numbers drop 1.11% during the last month of the year, as 17,489 former members let their membership lapse. 31, 2023, NAR lost 26,367 members, a 1.67% annual decline, according to NAR’s monthly membership report. The trade group closed out 2023 with 1,554,604 members.

Agents 475

Agents Realtors Inventory Housing Market 475

Housing Wire

JUNE 4, 2024

Parent company RE/MAX Holdings also appointed former Dish Network leader Erik Carlson as CEO in November 2023. transaction sides in 2023, more than double the average of other agents. On the call, Carlson cited RealTrends Verified data to illustrate how productive RE/MAX agents are. He noted that the average RE/MAX agent closed 11.8

Brokerage 486

Brokerage Agents Real Estate Realtors 486

Housing Wire

OCTOBER 30, 2024

According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% However, with rates pushing back to 7%, the rebound in pending activity is likely short lived and is unlikely to be enough to help 2024 home sales exceed 2023 levels.” compared to August and 2.6%

Mortgage 476

Mortgage Realtors Housing Market Finance 476

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. In December 2023, the TAN suit was reopened by District Court Judge Vince Chhabria, and the plaintiff filed its motion for reconsideration in May 2024.

Realtors 463

Realtors Agents Real Estate Marketing 463

Housing Wire

MAY 21, 2024

At a status hearing on Tuesday for the Nosalek commission lawsuit, a lawyer for the Department of Justice said the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement represented “an improvement.”

Agents 459

Agents Realtors Government Legal 459

Housing Wire

SEPTEMBER 9, 2024

Originally filed in 2020 by TAN, the suit takes aim at the National Association of Realtors ’ (NAR) ban on pocket listings via its Clear Cooperation Policy. In December 2023, the TAN suit was reopened by Chhabria, and the plaintiff filed its motion for reconsideration in May 2024.

Agents 441

Agents Realtors Real Estate Marketing 441

Housing Wire

SEPTEMBER 17, 2024

In a statement to HousingWire, Curbio said it had implemented many of the changes required in the settlement before the lawsuit was filed in November 2023, thus deeming the lawsuit “unnecessary.” million settlement payment will be divided among three groups — $2.58

Renovations 432

Renovations Realtors Real Estate Agent Contracts 432

Housing Wire

MAY 23, 2024

The collaboration comes on the heels of Sidekick partnerships with the MIAMI Association of Realtors and the San Francisco Association of Realtors earlier in May. “We Lucie counties to leverage Sidekick’s integrated datasets and workflows.

Real Estate 457

Real Estate Realtors Valuation Technology 457

Housing Wire

JULY 19, 2024

According to a second-quarter 2024 report from Texas Realtors, the number of active listings from April to June of this year were up 40.8% months in Q2 2023 to 4.6 Sales were down 3% compared to Q2 2023, falling to 93,417. Interest rates are a big part of the story,” Texas Realtors Chairman Jef Conn said in a statement.

Inventory 476

Inventory Realtors Housing Market Buyers 476

Housing Wire

JUNE 27, 2024

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, according to data released Thursday by the National Association of Realtors (NAR). The PHSI fell 2.1% from April to a reading of 70.8 on a yearly basis.

Inventory 501

Inventory Contracts Realtors Buyers 501

Housing Wire

OCTOBER 8, 2024

Despite having opted into the nationwide commission lawsuit settlement agreement reached by the National Association of Realtors (NAR), Judge William S. West Penn MLS finally got its way in the Moratis commission lawsuit. Howard Hanna and West Penn MLS did not immediately return a request for comment.

Realtors 447

Realtors Real Estate Agents Legal 447

Housing Wire

AUGUST 12, 2024

. “Joining Realty ONE Group MVP is not just a career milestone — it’s a strategic move towards empowering Realtors in a dynamic and forward-thinking environment,” Carlson said in a statement. While the core identity and values of MVP will remain intact, this move brings Realtors upgrades,” Carlson wrote.

Realty 448

Realty Agents Realtors Real Estate 448

Housing Wire

SEPTEMBER 13, 2024

She brings extensive agent/broker empathy and connection to the industry, given her 20-plus years experience being a Realtor herself. Lead volume and website traffic growth were flat compared to 2023. In 2014, Jacobson co-founded NextHome and served as its vice president of marketing for two years.

Marketing 435

Marketing Real Estate Realtors Clients 435

Housing Wire

JANUARY 19, 2024

Local community developers bidding on foreclosures in the second half of 2023 are signaling a slowdown in U.S. Bidding behavior for foreclosure properties on Auction.com in the first quarter of 2023 reliably predicted a rebound in retail home price appreciation in the third quarter of 2023.

Retail 488

Retail Marketing Realtors Real Estate 488

Housing Wire

OCTOBER 17, 2024

In 2023, the firm recorded 8,629 transaction sides for $2.8 Originally filed in November 2023, nearly a month after the jury verdict in the Sitzer/Burnett suit, the Phillips case accuses real estate industry players of colluding to artificially inflate real estate agent commissions.

Real Estate 448

Real Estate Realty Real Estate Agent Brokerage 448

Housing Wire

APRIL 12, 2024

Caldwell also noted the National Association of Realtors ’ settlement agreement , writing that “given the broad contours of this new settlement agreement and the changing landscape of the parties’ positions on centralization, we think it wise to deny centralization at this time. 31, 2023, and Dec.

Real Estate 451

Real Estate Real Estate Agent Realtors Realty 451

Housing Wire

APRIL 11, 2024

It also operates seven joint venture companies with builder and Realtor partners. CMG was the 16th-largest mortgage lender in the country in 2023, with volume of $20.16 In March 2023, the company struck a deal to acquire Homebridge Financial Services ‘ retail division and grow its footprint in the channel.

Retail 448

Retail Loan Officers Realtors Mortgage 448

Housing Wire

JULY 1, 2024

Not only is he widely respected by every Realtor that has worked with him, but he also has a lot of knowledge in the merger and acquisition space, so I know he will fast track us on a lot of those initiatives. In 2023, the firm closed 3,500 transaction sides for a total sales volume of $1.78 I am grateful to have him on our team now.”

Realty 448

Realty Real Estate Realtors Brokerage 448

Housing Wire

JULY 22, 2024

” Launched in November 2023, Sidekick has features like real-time market and property data analysis, comparative market analysis (CMA) presentations and a comprehensive array of productivity tools. This collaboration is a testament to our commitment to innovation and excellence in the real estate industry.”

Real Estate 451

Real Estate Tools Realtors Technology 451

Housing Wire

JANUARY 22, 2024

It also boasts a strong labor market, adding 28,500 jobs in November 2023 compared to November 2022, according to data released by the Bureau of Labor Statistics (BLS). 10, 2023. “The The market in Indianapolis is very cyclical,” Carrie Holle, Realtor and principal of the Carrie Holle Group with Compass , told HousingWire.

Housing Market 468

Housing Market Marketing Logistics Real Estate 468

Housing Wire

JUNE 21, 2024

West Penn MLS filed its motion to stay the case on Wednesday , noting that it has opted into the nationwide commission lawsuit settlement agreement reached by the National Association of Realtors (NAR).

Real Estate Agent 443

Real Estate Agent Realtors Real Estate Agents 443

Housing Wire

APRIL 9, 2024

Founded in 1971 by Paul Sears, Sears Real Estate is owned and operated by the family of current National Association of Realtors president Kevin Sears. Not only am I super excited to be working with Brian and Kevin Sears, but also Dan Rodriguez, and James Cichetti along with all the Realtors at Sears Real Estate.

Realty 448

Realty Brokerage Real Estate Realtors 448

Appraisal Buzz

NOVEMBER 25, 2024

According to a new survey from the National Association of Realtors (NAR), in 2024, Realtors indicated that their recent clients choose to move to a certain area mostly to acquire more home for the money (21%), and to be closer to family and friends (30%). While the U.S.

Realtors 369

Realtors Clients Buyers Investing 369

Housing Wire

DECEMBER 4, 2024

The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved , but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R.

Real Estate Agent 392

Real Estate Agent Realtors Real Estate Realty 392

Housing Wire

DECEMBER 6, 2024

According to the National Association of Realtors (NAR) Community Aid and Real Estate (CARE) Report published in May, nearly 70% of all NAR members reported that they volunteered at least eight hours a month in 2023. Nobody understands a local community like a Realtor, Brown said.

Realtors 370

Realtors Real Estate Real Estate Agent Agents 370