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Hits and Misses for the Real Estate Week of Aug. 19-23

Hits and Misses for the Real Estate Week of Aug. 19-23

by Phil Hall | Aug 23, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new NAR leader, a jaw-dropping data revision and more Britons buying homes. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 19-23. Miss: Wright or Wrong, Part 1. Nine months after the National Association of Realtors...
Utah Brokerage Homie Sues NAR, Claiming Organized Boycott

Utah Brokerage Homie Sues NAR, Claiming Organized Boycott

by Phil Hall | Aug 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Utah-based real estate brokerage Homie has filed an antitrust complaint against the National Association of Realtors (NAR), claiming that the organization’s member agents have steered prospective buyers away from Homie’s listings. According to a Deseret News...
Existing Home Sales Inch Up, Breaking 4-Month Decline Streak

Existing Home Sales Inch Up, Breaking 4-Month Decline Streak

by Phil Hall | Aug 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales in July were on the rise, reversing a four-month streak of monthly declines. According to new data from the National Association of Realtors (NAR), total existing home sales were up 1.3% from June to a seasonally adjusted annual rate of 3.95...
A Phil Hall Op-Ed: NAR’s Possible Road to the Future

A Phil Hall Op-Ed: NAR’s Possible Road to the Future

by Phil Hall | Aug 19, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: We are two days into what some media outlets have dubbed as the “seismic shift” in the real estate world – specifically, the practice changes that were part of the National Association of Realtors’ (NAR) $418 million settlement in the Sitzer/Burnett...
NAR Interim CEO Nykia Wright Named Permanent Chief Executive

NAR Interim CEO Nykia Wright Named Permanent Chief Executive

by Phil Hall | Aug 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has announced the appointment of interim CEO Nykia Wright as its new chief executive. Wright became interim CEO last November. Her appointment makes history as the organization’s first woman and first Black chief...
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