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NAR to Layoff 61 Employees as Part of Organizational Overhaul

NAR to Layoff 61 Employees as Part of Organizational Overhaul

by Phil Hall | Mar 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced the elimination of 61 positions in an overhaul by the association as being part of a “a months-long strategy to reduce costs, streamline operations, and reposition itself to offer robust solutions and support for...
Pending Home Sales Up by 2% in February

Pending Home Sales Up by 2% in February

by Phil Hall | Mar 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were on the rise in February, according to data from the National Association of Realtors (NAR). Last month, NAR’s Pending Home Sales Index (PHSI) grew 2.0% to 72.0 in February; an index of 100 is equal to the level of contract activity in 2001....
NAR Adds New MLS Policy for ‘Delayed Marketing Exempt Listings’

NAR Adds New MLS Policy for ‘Delayed Marketing Exempt Listings’

by Phil Hall | Mar 25, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has unveiled “Multiple Listing Options for Sellers,” a new policy that is designed to exist in conjunction with its Clear Cooperation Policy. According to NAR, the policy introduces a new category of exempt listings called...
Existing Home Sales Up 4.2% in February

Existing Home Sales Up 4.2% in February

by Phil Hall | Mar 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales jumped 4.2% from January to February, reaching a seasonally adjusted annual rate of 4.26 million in February. According to data from the National Association of Realtors (NAR), year-over-year sales were down by 1.2% from 4.31 million in February...
NAR: Black Homeownership Rate Rising, But Still Below Other Demographics

NAR: Black Homeownership Rate Rising, But Still Below Other Demographics

by Phil Hall | Mar 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data published by the National Association of Realtors (NAR) has determined the Black homeownership rate experienced the greatest year-over-year increase in 2023 among racial groups, but it was still lower than the rates recorded by other demographics. The Black...
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