Existing home sales in August were down 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 15.3% from the 4.77 million recorded in August 2022. While...
RE/MAX (NASDAQ:RMAX) has agreed to a $55 million settlement to resolve claims brought in two class action lawsuits that the company colluded with the National Association of Realtors to inflate commissions paid by home sellers. The company announced the settlement in...
A Phil Hall Op-Ed: The good folks at LendingTree (NASDAQ:TREE) released a survey of homeowners regarding their ongoing or planned renovation projects for their residences. If these results are any indication, the decline of existing home sales that defined this year...
A dubious DOJ investigation into an irrepressible visionary, a property purchase mystery solved and the return of a glorious downtown Detroit mural that Dan Gilbert tried to hide. From the wild and woolly world of real estate, here are the hits and misses for this...
In the wake of Monday’s resignation of Kenny Parcell as 2023 President of the National Association of Realtors following a New York Times article where he was accused of sexual harassment against NAR staff and members, the organization has announced President-elect...