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NAR: The Average Homebuyer Has a Six-Digit Household Income

NAR: The Average Homebuyer Has a Six-Digit Household Income

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Today’s average homebuyer has a six-digit household income, according to new data released by the National Association of Realtors (NAR). In a survey of roughly 6,800 buyers involved in real estate transactions between July 2022 and June 2023, NAR determined the...
NAR Slapped with New Antitrust Lawsuit

NAR Slapped with New Antitrust Lawsuit

by Phil Hall | Nov 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) is facing a new federal class-action lawsuit that accuses the trade group of violating antitrust laws. The lawsuit was filed earlier this week in South Carolina and accuses NAR and a listing broker affiliated with Keller...
Nestor R. Weigand Jr., Kansas Real Estate Executive and 1988 NAR President, Dies at 84

Nestor R. Weigand Jr., Kansas Real Estate Executive and 1988 NAR President, Dies at 84

by Phil Hall | Nov 10, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Nestor R. Weigand Jr., a Kansas real estate executive who served as president of the National Association of Realtors in 1988, passed away on Nov. 1 at the age of 84. Weigand was born in 1939 and graduated from the University of Notre Dame with a BBA in finance in...
More Than 80% of Metro Markets Saw Q3 Home Price Gains

More Than 80% of Metro Markets Saw Q3 Home Price Gains

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than 80% of the major U.S. metro markets, or 182 out of 221, posted home price gains in the third quarter, according to data from the National Association of Realtors (NAR), which noted that 11% of the tracked metro areas registered double-digit price increases...
NAR Debuts Flood Disclosure Tracker

NAR Debuts Flood Disclosure Tracker

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has launched a state flood disclosure tracker, which the trade group promoted as helping to “educate the public and Congress as it considers the Federal Emergency Management Administration’s (FEMA) legislative proposals to...
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