Existing home sales plummeted to a six-month low as the median sales price soared to the highest price ever recorded for the second consecutive month, according to data from the National Association of Realtors (NAR). Last month, total existing home sales dropped by...
The U.S. Department of Justice (DOJ) has launched a “formal inquiry” into the California Association of Realtors (CAR) in response to a consumer group’s complaint about the organization’s contracts and forms. According to the Orange County Register, the...
Foreign buyers purchased $42 billion worth of US existing homes between April 2023 and March 2024, according to new data from the National Association of Realtors (NAR). This represented a 21.2% from the prior 12-month period. Foreign buyers purchased 54,300...
In an attempt to reanimate a struggling re-election campaign that has been burdened by calls from within his party to step aside, President Biden is trying to shift his campaign’s focus to the challenges facing the housing market by calling for new federal rent...
The National Association of Realtors (NAR) has given its support to several strategies proposed last week by the Biden administration to address the need to expand affordable housing opportunities. NAR specifically praised the proposal for a new Department of the...
FBI Investigating Lurin Capital Amid Multifamily Collapse
