The National Association of Realtors (NAR) has requested the U.S. Supreme Court to review whether the U.S. Department of Justice (DOJ) has the right to reopen an antitrust investigation that was resolved in a 2020 settlement. NAR’s writ of certiorari argues that the...
The start-up American Real Estate Association (AREA) is soliciting input from real estate professionals to become involved in a potential class action lawsuit against the National Association of Realtors’ (NAR) Clear Cooperation Policy. “Many real estate professionals...
A total of 19,945 new pending sales were recorded during September in the Mid-Atlantic region covered by Bright MLS, up 10.3% from year ago. The increase in pending sales was fueled by a regional housing inventory that has been increasing for eight consecutive months....
CoreLogic has introduced Araya, a platform that combines housing data with artificial intelligence (AI)-enabled analytics to offer property, market and portfolio insights. According to the company, the new platform’s solutions include such categories as property...
Mortgage rates soared in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. A year ago at this time, it averaged 7.57%. The 15-year...
A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
NAR Backs Proposed Update to Federal Rule Defining Independent Contractors
