The Commission Fight Isn’t the Biggest Problem Facing Real Estate Agents Anymore

by John G. Stevens | Aug 21, 2026 | Industry Updates, News/Current Events, Real Estate News

The Eighth Circuit upheld the major real estate commission settlement this week, and I expect the legal arguments surrounding commissions will continue for some time. Objectors can still seek further review, an attorney representing some of them has said his clients...

California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Californians for Homeownership, a nonprofit organization sponsored by the California Association of Realtors (CAR), has filed lawsuits against the cities of San Diego, San Francisco, and Montebello that accuse the municipalities of trying to impose limits on a new...

Report: Prince Harry and Meghan Not Planning to Sell California Mansion

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The announcement by Prince Harry and Meghan Markle that they are returning to the UK created surprise on both sides of the Atlantic. However, the royal couple do not plan to sell their California home to settle permanently in the UK. Harry and Meghan came to...

Home Purchase Cancellations at Highest Level in Nearly 3 Years

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin has found 14% of home sale agreements that went under contract in July were cancelled, up 13.7% from June. Last month’s cancellations marked the highest share in nearly three years on a seasonally adjusted basis. Redfin noted the deals...

Pennsylvania Home Sales Slowed in July

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania recorded 11,700 home sales in July, a 10% decline from the prior month and a nearly 4% year-over-year drop. According to data from the Pennsylvania Association of Realtors (PAR), the slowdown in sales came amid 45,944 listings on the market, nearly the...