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NAR Adds IRAR Trust Company as Partner in its Realtor Benefits Program

NAR Adds IRAR Trust Company as Partner in its Realtor Benefits Program

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

The National Association of Realtors (NAR) announced IRAR Trust Company (IRAR) as a new partner within the NAR Realtor Benefits program. IRAR Trust Company serves as a custodian for self-directed retirement accounts, working with real estate agents and their clients...
NAR: Pending Home Sales Up in September

NAR: Pending Home Sales Up in September

by Phil Hall | Oct 26, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales recorded a 1.1% uptick from August to September, according to data from the National Association of Realtors (NAR), which also noted pending transactions were down 11% from one year earlier. NAR’s Pending Home Sales Index (PHSI) for September had a...
Justice Dept. Reportedly Planning Antitrust Suit Against NAR Despite Court Order

Justice Dept. Reportedly Planning Antitrust Suit Against NAR Despite Court Order

by Phil Hall | Oct 24, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

As the National Association of Realtors (NAR) is in the legal spotlight with an ongoing class-action lawsuit in Kansas City, the U.S. Department of Justice (DOJ) is reportedly preparing to pursue a federal antitrust suit despite being under a court order to abide by a...
Existing Homes Sales Down During September

Existing Homes Sales Down During September

by Phil Hall | Oct 19, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total existing home sales during September declined by 2% from August to a seasonally adjusted annual rate of 3.96 million, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales dropped 15.4% from the 4.68 million...
NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy

NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy

by Phil Hall | Oct 6, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Lawrence Yun, the chief economist for the National Association of Realtors, is warning that today’s mostly positive jobs report should not be embraced as evidence of an improving economy. “The job market continues to crank out jobs in high figures: 336,000 in...
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