Objective, in-depth coverage of residential real estate news, data, technology and trends for real estate agents, real estate brokers and executives.

Jan 2, 2025 · Key points: Brokerage leaders focused on preparing their agents for industry changes following the NAR settlement, offering nuggets of advice that will carry into the new year. By the end of the year, a rift formed between a local Realtor chapter and NAR, which could result in a big shift within the industry in 2025. Legal battles and DOJ action rocked the real estate world last year, but the ...

3 days ago · Key points: Pending sales fell 5.5% from November and were down 5% compared to Dec. 2023. Mortgage rates showed little change, with the weekly average still hovering just below 7%, but that stability could mean declines are coming. Listings are sitting on the market longer as the pace of home sales dropped to the lowest level in nearly five years.

5 days ago · Another commissions-related class action lawsuit was filed against a group of real estate brokerages and MLSs on Monday, but this one was quickly settled, adding more than $10.5 million to the fund. What was the new suit about? The lawsuit was filed Jan. 27 in a Missouri District Court by a group of ...

Dec 17, 2024 · Key points: Affordability will remain a major challenge in 2025 as mortgage rates stay above 6%, but “temporary lows” could benefit buyers, and price growth is expected to slow. Existing home sales will improve somewhat, ending the year at around 4.25 million. New home sales will continue to be a “bright spot,” but rising labor and construction costs could cause builders to pull back ...

Apr 13, 2024 · Bright MLS legal counsel Brian Schneider explained the ins and outs of the NAR settlement rule changes. Here’s what real estate professionals need to know.

Dec 16, 2024 · Decisions in residential real estate are often based on market data — sometimes conflicting, often confusing. Housing Market Decoded, authored by economists and other market experts, helps put the data in context so you can make sense of the numbers.

Nov 9, 2024 · BOSTON, Mass. — A year ago, the chief economist for the National Association of Realtors predicted a rebound in 2024. It never materialized, but he now thinks that after more than two years of sluggish sales, the housing market is (finally) primed for a recovery. Speaking from the stage at the association's annual NAR NXT conference on Nov. 8, Lawrence Yun forecast a 9% increase in existing ...

Oct 23, 2024 · From danger to opportunity: It's not just some upbeat saying, it's a literal description of the real estate industry's current era. There have been epic highs and painful lows over the past decade: lawsuits, institutions in turmoil, the rise of teams, new brokerage models. Some of these were foreseen by The DANGER Report, an in-depth analysis of risks assembled by strategist, best-selling ...

Nov 30, 2024 · Bay Area team joins KW Thrive; ex-eXp CFO moves to LPT; BHGRE expands in Tenn. with merger; REA surpasses 1,000 agents; The Agency launches NY title company.