Weekly Mortgage Rates Cool; Metro Home Prices Hit Record Highs
Mortgage rates are stabilizing, but home prices are still increasing, challenging prospective buyers.
Home prices have increased nearly 31% over the last five years, with significant regional variations.
Five Ways Buying and Selling a House Could Change
A settlement alters the traditional 6 percent sales commission in U.S. real estate, shifting the responsibility and potentially reducing the commission rates internationally.
Weekly Mortgage Rates Cool; Metro Home Prices Hit Record Highs
Mortgage rates are stabilizing, but home prices are still increasing, challenging prospective buyers.
Home prices have increased nearly 31% over the last five years, with significant regional variations.
Five Ways Buying and Selling a House Could Change
A settlement alters the traditional 6 percent sales commission in U.S. real estate, shifting the responsibility and potentially reducing the commission rates internationally.
Pending home sales plunge to lowest level since pandemic began
High interest rates lead to a significant drop in US home purchase contract signings, with April levels at the lowest since the pandemic's onset.
LA Antitrust Lawsuit Targets NAR, Local Brokerages
Antitrust lawsuits targeting residential players have reached Los Angeles, with local branches of the National Association of Realtors and various brokerages named as defendants.
Plaintiffs in the case claim that NAR practices hinder innovation and entry by new, lower-cost real estate brokerage service providers, and that its policies keep buyer broker commission at artificially high levels.
National Association of Realtors president resigns in response to unspecified 'threat'
National Association of Realtors president Tracy Kasper has resigned.
Kasper received a threat to disclose a personal matter unless she compromised her role at NAR.
NAR names new chief marketing and communications officer
Suzanne Bouhia has been appointed as the new chief marketing and communications officer of the National Association of Realtors (NAR).
Bouhia will be responsible for supporting NAR's CEO and amplifying the voice of its 1.5 million members in the real estate industry.
Serene Smith leaves COO role at RE/MAX
Executive changes at RE/MAX include Serene Smith transitioning to a non-executive role, following the appointment of new executives. CEO highlights agents' productivity to drive success.