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NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending

NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending

by Phil Hall | Nov 18, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The New York Times (NYSE: NYT) has published another investigative report into the National Association of Realtors (NAR), this time examining the financial benefits enjoyed by its executive leadership. Under the headline “Chauffeured Cars and Broadway Tickets: Inside...
Hits and Misses for the Real Estate Week of Nov. 11-15

Hits and Misses for the Real Estate Week of Nov. 11-15

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

by Phil Hall | Nov 12, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

A new data study has determined the commission rates that real estate agents charge to buyers and sellers has held steady since the National Association of Realtors (NAR) settlement went into effect in August. According to data from AccountTECH, the average commission...
NAR Chief Economist Predicts Rising Home Sales Over Next Two Years

NAR Chief Economist Predicts Rising Home Sales Over Next Two Years

by Phil Hall | Nov 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

National Association of Realtors (NAR) Chief Economist Lawrence Yun is projecting an 11% higher level of new home sales in 2025 and 8% higher level in 2026, with the median home price forecast to be 2% higher in both 2025 and 2026. “Maybe the worst is coming to an...
NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains

NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains

by Phil Hall | Nov 7, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 90% of metro markets (196 out of 226, or 87%) recorded home price gains during the third quarter, with 7% of these metros recording double-digit gains, according to the National Association of Realtors (NAR). Compared to one year ago, the national median...
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