Roughly 41,000 home purchase agreements were canceled in January, equal to 14.3% or one in seven homes that went under contract. According to a new data report from Redfin (NASDAQ: RDFN), last month’s cancelation rate was up from 13.4% in January 2024 and is the...
Pending home sales dropped during January, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, tumbled by 4.6% to 70.6 in January, an...
The National Association of Realtors (NAR) announced a resolution with Phoenix Realtors regarding the Arizona-based group’s MLS Choice program that enabled brokers to offer their agents access both the MLS and legal forms outside of the traditional three-tier...
The fourth quarter of 2024 saw home price increases in 89% (201 out of 226) of metro markets, according to the National Association of Realtors (NAR), with 14% of the metro areas posting double-digit price gains over the same period, up from 7% in the third quarter....
The Austin Board of Realtors’ Unlock MLS is planning to make its multiple listing service available to real estate professionals who do not have membership in a realtor association. “We’re all about providing you with maximum flexibility to run your business your...