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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%.

Contracts 418
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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 447
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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 446
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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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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 442
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Brokerage defendants file motion to dismiss Batton 2 suit

Housing Wire

The motion also argues that the plaintiffs’ complaint “fails to allege facts to plausibly suggest that the Defendants entered into any agreement — with non-party National Association of Realtors (NAR) or amongst each other.” The discovery process for each of the Batton suits is not scheduled to be completed until May 2026.

Brokerage 388
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FHFA releases fair lending final rule

Housing Wire

” The National Association of Realtors (NAR) also expressed support. This governs data collection actions by the GSEs and reporting requirements to the FHFA concerning borrowers’ language preferences and whether they’ve completed homeownership education or counseling. The effective date for this provision is Feb.

Lending 457