Existing home sales sank by 5.9% from February to March to a seasonally adjusted annual rate of 4.02 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 2.4% from the 4.12 million transactions in March 2024. On...
California Regional MLS (CRMLS) is rejecting the National Association of Realtors’ (NAR) newly enacted Multiple Listing Options for Sellers policy. NAR’s policy created a category of exempt listings called “delayed marketing exempt listings” that will allow a seller...
There is no action without a reaction. That’s basic physics. This applies to all things, including government. The challenge for lawmakers, and those who enforce those laws, is that those reactions almost always include unintended consequences. These unintended events...
The National Association of Realtors (NAR) has recruited Elizabeth Ranno as its new senior vice president of education and events. Ranno joins NAR from property management software provider RealPage, where she served as vice president of product management. Earlier in...
Homes.com CEO Andy Florance has blasted the announcement by Zillow (NASDAQ: Z, ZG) that it would not list homes that are not listed on the MLS within 24 hours of public marketing. In a letter to real estate agents, Florance called Zillow’s action “an incredible move...