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Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

The National Association of REALTORS (NAR) reports that pending home sales increased in September. Jones explained that pending home sales, also known as contract signings, measure the first official stage of a home sale transaction—when a buyer and seller have reached an agreement on terms and price. September saw a 7.4%

Contracts 418
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Plaintiffs respond to brokerage defendants’ motions to dismiss Batton 2 suit

Housing Wire

The motions filed by Compass , eXp World Holdings , Redfin , Weichert Realtors and United Real Estate claim that the homebuyer plaintiffs are simply trying “to parrot the allegations they made in an amended complaint,” which was filed in the Batton 1 suit that consists of the same plaintiffs but a different group of brokerage defendants.

Brokerage 448
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Overblown rumors of demise? NAR has lost only 45K members since December

Housing Wire

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 445
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NAR alternative launches membership program

Housing Wire

During this building phase, we also began ramping up our advocacy efforts, starting with the successful push for changes at the VA to help protect our veteran home buyers. “We Additionally, it entitles members to $20 off their 2026 renewal and 20% off all events the fledgling trade group hosts through the end of next year.

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Brokerage defendants file motion to dismiss Batton 2 suit

Housing Wire

Each of these out-of-state Named Plaintiffs allegedly enlisted a buyer-agent in the period from 2018 to 2021 to purchase a home in these other states. The eighth Named Plaintiff purchased a home in Illinois in 2022 using a buyer-agent from Berkshire Hathaway HomeServices,” the filing states.

Brokerage 392
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said. million homes in 2026,” Reffkin said. Reffkin’s confidence came from what he called “five facts.” million to 5.6

Agents 468
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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

Clare Knapp, housing economist for the Austin Board of Realtors , counters the notion of a collapse “Austin is not the same Austin as it was eight years ago,” she said. The sheer amount of additional supply on the market has really given buyers more of a leg up,” she said. “I 20 — $4 less than the national average.

Marketing 370