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Existing Home Sales Down by Nearly 6%

Existing Home Sales Down by Nearly 6%

by Phil Hall | Apr 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
CRMLS Rejects NAR’s Delayed Marketing Policy

CRMLS Rejects NAR’s Delayed Marketing Policy

by Phil Hall | Apr 23, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
NAR’s Historic Settlement Continues to Shift the Real Estate Industry

NAR’s Historic Settlement Continues to Shift the Real Estate Industry

by Rick Grant | Apr 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

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...
NAR Hires New SVP of Education and Events

NAR Hires New SVP of Education and Events

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News

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 Slams Zillow on New Listings Policy

Homes.com CEO Slams Zillow on New Listings Policy

by Phil Hall | Apr 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

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...
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