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Hits and Misses for the Real Estate Week of Aug. 12-16

Hits and Misses for the Real Estate Week of Aug. 12-16

by Phil Hall | Aug 16, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kamala Harris’ housing plans, a new era in real estate commissions and a new assault on phony online reviews. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 12-16. Miss: Thus Spoke Kamala. After weeks of silence on what...
NAR Rival American Real Estate Association Begins Membership Drive

NAR Rival American Real Estate Association Begins Membership Drive

by Phil Hall | Aug 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two days before the changes brought by the National Association of Realtors’ (NAR) settlement are slated to go into the effect, the start-up rival American Real Estate Association (AREA) has announced the launch of its membership drive. Jason Haber, a New York...
Nearly 90% of Metro Areas Recorded Q2 Home Price Gains

Nearly 90% of Metro Areas Recorded Q2 Home Price Gains

by Phil Hall | Aug 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the National Association of Realtors (NAR) determined that 199 out of 223 metro markets, or 89%, recorded home price gains in the second quarter as the 30-year fixed mortgage rate ranged from 6.82% to 7.22%. NAR added that 13% of the 223 tracked metro...
June’s Pending Home Sales Up From May

June’s Pending Home Sales Up From May

by Phil Hall | Jul 31, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in June were up by 4.8% from May but were down 2.6% from June 2023, according to the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s a forward-looking indicator of home sales based on contract signings, grew to 74.3 in...
NAR Publishes New Resources for Post-Settlement Home Sale Transactions

NAR Publishes New Resources for Post-Settlement Home Sale Transactions

by Phil Hall | Jul 31, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has published new resources designed to help consumers understand the changes brought by the Sitzer/Burnett settlement agreement. The new resources are available on facts.realtor and include the following offerings: Fact...
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