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NAR Publishes New Resources for Post-Settlement Home Sale Transactions

NAR Publishes New Resources for Post-Settlement Home Sale Transactions

by Phil Hall | Jul 31, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has published new resources designed to help consumers understand the changes brought by the Sitzer/Burnett settlement agreement. The new resources are available on facts.realtor and include the following offerings: Fact...
OUCH! Existing Home Sales Sink to Six-Month Low

OUCH! Existing Home Sales Sink to Six-Month Low

by Phil Hall | Jul 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales plummeted to a six-month low as the median sales price soared to the highest price ever recorded for the second consecutive month, according to data from the National Association of Realtors (NAR). Last month, total existing home sales dropped by...
Foreign Buyers Purchasing Fewer (But More Expensive) US Existing Homes

Foreign Buyers Purchasing Fewer (But More Expensive) US Existing Homes

by Phil Hall | Jul 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreign buyers purchased $42 billion worth of US existing homes between April 2023 and March 2024, according to new data from the National Association of Realtors (NAR). This represented a 21.2% from the prior 12-month period. Foreign buyers purchased 54,300...
NAR Supports New Biden Plan on Addressing Housing Affordability

NAR Supports New Biden Plan on Addressing Housing Affordability

by Phil Hall | Jul 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has given its support to several strategies proposed last week by the Biden administration to address the need to expand affordable housing opportunities. NAR specifically praised the proposal for a new Department of the...
Pending Home Sales Down in May

Pending Home Sales Down in May

by Phil Hall | Jun 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were down by 2.1% in May from April, according to new data from the National Association of Realtors (NAR). Year-over-year, pending sales were down by 6.6%. Last month, NAR’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home...
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