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National Association of Realtors Begins National Search for New CEO

National Association of Realtors Begins National Search for New CEO

by Phil Hall | Jun 26, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has launched a nationwide search to replace CEO Bob Goldberg, who is retiring at the end of 2024. The organization has tapped national talent firm Career Management Partners (CMP) in the search for Goldberg’s replacement,...
Existing Home Sales Down 20% from One Year Ago

Existing Home Sales Down 20% from One Year Ago

by Phil Hall | Jun 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during May recorded a scant 0.2% uptick from the previous month and a significant 20.4% year-over-year decline, according to data from the National Association of Realtors (NAR). A total of 4.30 million completed took place last month – one year...
Wanted: 320,000 Affordable Homes for Middle-Income Buyers

Wanted: 320,000 Affordable Homes for Middle-Income Buyers

by Phil Hall | Jun 8, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Middle-income homebuyers can only afford less than one-quarter (23%) of properties currently being listed, according to new data from the National Association of Realtors (NAR). Working under the definition of a middle-income buyer as a household earning up to...
Pending Home Sales Remained Stagnant in April

Pending Home Sales Remained Stagnant in April

by Phil Hall | May 25, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of pending home sales remained stagnant from March to April, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings –...
Unenchanted April: Existing Home Sales Down Last Month

Unenchanted April: Existing Home Sales Down Last Month

by Phil Hall | May 18, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer existing homes were sold last month, according to new data from the National Association of Realtors (NAR). Total existing home sales – which encompass single-family homes, townhomes, condominiums and co-ops – were down by 3.4% from March to a seasonally...
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