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Housing Starts Down for January

Housing Starts Down for January

by Phil Hall | Feb 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single‐family housing starts in January were at a rate of 1.004 million, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.7% below the revised December figure of 1.054 million. Privately‐owned housing...
And Yet One More Broker Commission Lawsuit is Filed, This Time in Utah

And Yet One More Broker Commission Lawsuit is Filed, This Time in Utah

by Phil Hall | Feb 13, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The chain of copycat lawsuits over real estate broker commissions has expanded to Utah, which has become the 13th state where the National Association of Realtors (NAR) and leading brokerages are being sued over how brokers are paid. On Feb. 9, Dalton K. Jensen filed...
NAR: ‘Cooperative Compensation is Good for Consumers’

NAR: ‘Cooperative Compensation is Good for Consumers’

by Phil Hall | Feb 9, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) took another push back at last October’s verdict in the Sitzer/Burnett case, arguing that the verdict was fueled with “erroneous rulings by judge” while insisting the cooperative compensation issue raised in the trial is not...
Applications Now Open for NAR’s 2024 Good Neighbor Awards

Applications Now Open for NAR’s 2024 Good Neighbor Awards

by Phil Hall | Feb 9, 2024 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) is now accepting applications for its 2024 Good Neighbor Awards. Now in its 25th year, the Good Neighbor Awards are presented as “honoring NAR members who exemplify dedication to volunteer service and make significant impacts...
86% of Metro Areas Posted Home Price Gains in Q4 2023

86% of Metro Areas Posted Home Price Gains in Q4 2023

by Phil Hall | Feb 8, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The prices on single-family existing home sales during the fourth quarter of 2023 were up in 86% of the nation’s metro markets, according to new data from the National Association of Realtors (NAR), which noted that 15% of the 221 tracked metro areas experienced...
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