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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. According to Yun, in 2025 and 2026, the median price of an existing home will increase to $410,700 and $420,000, respectively. In 2025, the yearly 30-year fixed mortgage rate will drop to 5.9%, but in 2026, it will rise to 6.1%.

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NAR alternative launches membership program

Housing Wire

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. Haber and Umansky launched the American Real Estate Association in January as an alternative to the National Association of Realtors (NAR). million at the end of May.

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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 384
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Fathom is the latest brokerage to settle the commission lawsuits

Housing Wire

Additionally, Fathom noted that as part of the settlement it has agreed to adhere to the rule and business practice changes outline in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. Fathom will then pay a final installment of $1.950 million on or before Oct.

Brokerage 363
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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.

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How HousingWire’s 2025 market forecast compares to others

Housing Wire

National Association of Realtors (NAR) Chief Economist Lawrence Yun projects a 2% rise in home prices in both 2025 and 2026. HousingWire’s 2025 forecast of 3.5% home-price growth is at the higher end among the 13 examined, which averaged 2.6% Fannie Mae expects its home price index to rise by 3%.

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Douglas Elliman settles the commission lawsuits

Housing Wire

The National Association of Realtors has also reached a nationwide settlement of the commission lawsuits. One of the contingencies states that the first payment will be made if “as of December 31, 2025, Douglas Elliman’s Cash Balance is at least $40.0 million, or if Douglas Elliman’s Cash Balance is less than $40.0 million as of Dec.

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