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Pending Home Sales Down 6.3% in April

Pending Home Sales Down 6.3% in April

by Phil Hall | May 29, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales sank during April, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – tumbled by 6.3% to 71.3 in April from March....
Existing Home Sales Down by 0.5% in April

Existing Home Sales Down by 0.5% in April

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during April dropped by 0.5% from March to a seasonally adjusted annual rate of 4.00 million in April, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales were down by 2.0% from 4.08 million in...
NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’

NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) commended the House of Representatives for passing the One Big Beautiful Bill Act advocated by President Donald Trump, stating the legislation “delivers significant wins for the real estate sector.” In a statement posting...
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

Report: Little Change in Real Estate Agent Commissions Since NAR Settlement

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a data report from Redfin (NASDAQ: RDFN), up from 2.37% in the fourth quarter of 2024 and from 2.36% in the third quarter of 2024 when the new National Association of...
New NAR Study: Housing Affordability Gap Remains in Place

New NAR Study: Housing Affordability Gap Remains in Place

by Phil Hall | May 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data analysis by the National Association of Realtors (NAR) has determined affordable homeownership is still an elusive commodity for too many Americans. The new NAR study found households earning $75,000 a year can only afford 21.2% of home listings as of...
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