Pending home sales saw a 4.8% increase in the month of June.
The National Association of Realtors has reported a 4.8% increase in pending home sales in June 2024. The Pending Home Sales Index, based on contract signings, reached 74.3 in June, with all four U.S. regions seeing an increase in transactions. The chief economist at NAR, Lawrence Yun, noted that the rise in housing inventory has […]
NAR President Kevin Sears sends message of resilience at ICLV
Currently happening at Inman Connect Las Vegas, from July 30-Aug. 1, 2024, expect clarity, answers to important questions, and new business opportunities. JOIN US VIRTUALLY. National Association of Realtors President Kevin Sears addressed the audience at the Aria Resort & Casino in Las Vegas, emphasizing the importance of stability and resilience in the face of […]
Existing Home Sales Down Slightly in May
[ad_1] The National Association of Realtors has reported a 0.7% decrease in existing home sales in May, with a total of 4.11 million homes sold at a seasonally-adjusted annual rate. This marks a 2.8% decline compared to the previous year. Inventory levels have increased, with 1.28 million units available at the end of May, representing […]
NAR is making a fresh start with its reputation at the midyear conference, dubbed The Download.
Did the membership of the National Association of Realtors succeed in improving its reputation by gathering in the nation’s capital to reset? https://www.inman.com/2024/05/11/nar-attempts-to-reboot-its-rep-at-midyear-conference-the-download/ #NAR #attempts #reboot #rep #midyear #conference #Download,
Brokerages interested in participating in the $418 million NAR deal must act quickly as the 60-day countdown has officially started.
The plaintiffs from Sitzer & Burnett filed a motion on Friday seeking preliminary approval for the proposed settlement. Brokerages and MLSs who were not included in the initial agreement must act by June 18 in order to be included. #60day #clock #begins #brokerages #seeking #opt #418M #NAR #deal,
The Federal Housing Finance Agency (FHFA) has reported a 5.6% increase in home prices over the past year, according to Real Estate Investing Today.
According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes […]
NAR Held Responsible for Inflating Commissions; Jury Grants $1.78 Billion in Compensation – Real Estate Investment News Today
According to a report from Reuters, a federal court in Kansas City, Missouri has ruled in favor of the plaintiffs in a class action lawsuit against the National Association of Realtors (NAR), awarding them $1.78 billion in damages. The lawsuit represented sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022 […]
September saw a 1.1% increase in pending home sales – Real Estate Investing Today
According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to […]
September saw a 2% decline in the sales of existing homes, according to authentic data.
The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago, […]
NAR’s Yun Advocates for Capital Gains Tax Cut to Benefit Small Investors
According to the National Association of Realtors (NAR) Chief Economist, Yun, small investors, commonly referred to as “mom and pop investors,” would greatly benefit from a reduction in capital gains taxes. Yun suggests that lowering capital gains taxes would provide these investors with increased opportunities to grow their investments and generate higher returns. By reducing […]