Pending home sales were up for the second consecutive month in July, according to data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, inched up by 0.9% to...
Kenny Parcell has resigned as the 2023 President of the National Association of Realtors (NAR) following a recent New York Times report accusing him of sexual harassment while describing NAR’s corporate culture where female real estate professionals were...
A newspaper that fact checked a dubious real estate report, a female empowerment lesson that is better than “Barbie” and a wristwatch inspired by a legendary hotel. From the wild and woolly world of real estate, here are the hits and misses for this week....
Existing home sales were in retreat last month, according to new data from the National Association of Realtors (NAR). During July, completed transactions were down 2.2% from June to a seasonally adjusted annual rate of 4.07 million. On a year-over-year measurement,...
A coalition of 18 national trade associations representing the stakeholders in the housing industry sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase rents,...