Budge Huskey, the president and CEO of Premier Sotheby’s International Realty, has issued an eight-point statement that challenges assumptions raised the mainstream media about the $418 million settlement announced by the National Association of Realtors (NAR)....
The National Association of Realtors (NAR) is taking credit for last week’s rejection by Chicago voters of a ballot referendum that would have changed the city’s real estate transfer tax structure. Chicago voters rejected the referendum 54% to 46% ratio. In a website...
Attacks on realtors by the Wall Street Journal and President Biden, a pair of unusual HUD endeavors and Chicago voters rejecting the “mansion tax.” From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 18-22....
Existing home sales during February spiked by 9.5% from January to a seasonally adjusted annual rate of 4.38 million, according to new data from the National Association of Realtors (NAR). This represented the largest monthly increase since February 2023. However, on...
The editorial board of the Wall Street Journal accused the real estate profession of working against the best interests of their clients with “a rigged game that pads their pockets at the expense of consumers.” In an editorial titled “The Realtors Stage a $418 Million...