Pending home sales in April fell by 7.7%, according to data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI) decreased to 72.3 in April; an index of 100 is equal to the level of contract activity in 2001. On a year-over-year...
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 20-24. Miss: Beyond Belief. The weirdest real...
Existing home sales were down by 1.9% from March to a seasonally adjusted annual rate of 4.14 million in April, according to new data from the National Association of Realtors (NAR). Compared to the previous year, sales were also down by 1.9% from 4.22 million in...
The National Association of Realtors (NAR) is appealing a court ruling that enabled the U.S. Department of Justice (DOJ) to reopen a probe of the organization’s Participation Rule and Clear Cooperation Policy that was resolved in a 2020 settlement. In a filing...
Single‐family housing starts in April were at a rate of 1.031 million in April, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.4% below the revised March figure of 1.035 million. Privately‐owned housing...
FBI Investigating Lurin Capital Amid Multifamily Collapse
