Pending home sales take nosedive in June, signaling a bleak August
Pending home sales dropped 8.6% in June, suggesting a drop in home closings just around the corner, according to figures released Wednesday by the National Association of Realtors
by Ben Verde Jul 27
Ricoh360 Tours enhances listing solution with automatic floor plans
Floor plans are the 2nd most critical property marketing visual after photography, according to the National Association of Realtors 2021 Home Buyer and Seller Generational Trends report
by Craig C. Rowe Jul 25
After discrimination reveal, LIBOR to tackle fair housing on Long Island
The Realtor organization's new campaign comes after a sweeping investigation in which journalists found endemic discrimination among Long Island's real estate community
by Jim Dalrymple II Jul 25
Side CEO Guy Gal: Boutique brands can thrive in contracting market
Despite recent layoffs, Side announced earlier this month its expansion into 6 new states. Gal will discuss ‘Critical Factors That Are Reshaping the Real Estate Landscape,’ at Inman Connect
by Matt Carter Jul 25
The typical home is lingering on the market a little longer than last year
US homes, on average, spent 19 days on the market during the 4 weeks ending July 17, a full day longer than the same period in 2021, according to data released Thursday by Redfin
by Ben Verde Jul 22
Northwest MLS eliminates broker commission sharing as default
Effective Oct. 3, NWMLS's forms will specify that buyer broker compensation will come directly from sellers and offer new options for how listing agents and buyer agents will be paid
by Andrea V. Brambila Jul 22
Anti-LGBTQ Missoula pastor takes fight from court to state senate
Pastor and Realtor Brandon Huber lost his religious discrimination suit against the NAR and the Montana Organization of Realtors. Now he's working to dismantle NAR's hate speech provision
by Marian McPherson Jul 21
Home sales fall for 5th month as median prices hit record high
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
by Ben Verde Jul 20
Why super long mortgages won't be a thing, and why that's good news
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
by Jim Dalrymple II Jul 15
NAR inks deal with Rental Beast offering agents access to technology
In addition to the software's application and screening capabilities, members will leverage courses within the technology provider's educational component, Rental Beast University
by Craig C. Rowe Jul 14
New MLS company will sell data, pay brokers for their listings
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023
by Andrea V. Brambila Jul 14
Does a jump in demand fully explain the pandemic housing market?
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years
by Jim Dalrymple II Jul 12
What to know as the bombshell commission case moves forward
The Moehrl suit has class-action status, and after a new ruling it looks like that status is going to stick as a trial looms in the future
by Jim Dalrymple II Jul 9
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
4 commission charts that explain both sides of the Moehrl conflict
The homeseller plaintiffs hope to show the need for change in how agents are paid, while NAR and major real estate franchisors aim to show the status quo is working just fine