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NAR Backs Proposed Update to Federal Rule Defining Independent Contractors

NAR Backs Proposed Update to Federal Rule Defining Independent Contractors

by Phil Hall | May 8, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) is backing a proposed federal rule that redefines if a worker is classified as an independent contractor or an employee. In a letter to the Department of Labor, NAR 2026 President Kevin Brown voiced his support for the Notice...
Mortgage Application Activity Down While Home Prices Continue to Rise

Mortgage Application Activity Down While Home Prices Continue to Rise

by Phil Hall | May 6, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed during the week ending May 1, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.4% on a seasonally adjusted basis from one...
Pending Home Sales Up 1.5% in March

Pending Home Sales Up 1.5% in March

by Phil Hall | Apr 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in March increased by 1.5% from February but were down by 1.1% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West....
Percentage of First-Time Homebuyers Falls to All-Time Low

Percentage of First-Time Homebuyers Falls to All-Time Low

by Phil Hall | Apr 15, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of first-time homebuyers has dropped to an all-time low, according to the 2026 Homebuyers and Sellers Generational Trends report from the National Association of Realtors (NAR). Among the age demographics, Baby Boomers accounted for 42% of today’s property...
Existing Home Sales Down During March

Existing Home Sales Down During March

by Phil Hall | Apr 13, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...
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