Existing home sales in July were on the rise, reversing a four-month streak of monthly declines. According to new data from the National Association of Realtors (NAR), total existing home sales were up 1.3% from June to a seasonally adjusted annual rate of 3.95...
A Phil Hall Op-Ed: We are two days into what some media outlets have dubbed as the “seismic shift” in the real estate world – specifically, the practice changes that were part of the National Association of Realtors’ (NAR) $418 million settlement in the Sitzer/Burnett...
New data from the National Association of Realtors (NAR) determined that 199 out of 223 metro markets, or 89%, recorded home price gains in the second quarter as the 30-year fixed mortgage rate ranged from 6.82% to 7.22%. NAR added that 13% of the 223 tracked metro...
A new bill in the California legislature could create a three-month time limit on the homebuyer agent contracts required under the National Association of Realtors (NAR) settlement. The San Jose Mercury-News reported Assembly Bill 2992 would require the contracts...
Pending home sales in June were up by 4.8% from May but were down 2.6% from June 2023, according to the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s a forward-looking indicator of home sales based on contract signings, grew to 74.3 in...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
