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The Latest Breaking News from NAR

Critics allege Chicago-based National Association of Realtors tolerates sexual harassment, calls for CEO Bob Goldberg to resign

Former staffer tells Sun-Times of incidents involving forced physical contact at events the association organized.

Chicago Sun-Times

Best Time of Year to Buy A House

You may find a good home deal at any time of year, but certain seasons or even months have the perfect blend of inventory, supply and price. Here's when to look.

Kiplinger

This Fortune 1000 real estate giant just settled antitrust lawsuits for a reported $83.5 million

"This settlement is a significant milestone in this case against the National Association of Realtors and the Nation’s four largest real estate brokerages" Steve Berman, the attorney for the plaintiffs, wrote in a statement shared with Fortune.

Fortune

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A reckoning, we hope, at the National Association of Realtors

There is a shakeup in leadership at the Chicago-based National Association of Realtors, and we’d say it’s way overdue.

Chicago Sun-Times

President of Chicago-based National Association of Realtors quits after reports of sexual harassment

Kenny Parcell resigned from his post after The New York Times reported several women had accused him of sexual harassment such as forced physical contact and sending inappropriate messages.

Chicago Sun-Times

Home sales slumped in July as rising mortgage rates and prices discouraged many would-be homebuyers

Sales of previously occupied U.S. homes fell last month to the slowest pace since January, as elevated mortgage rates and a stubbornly low inventory of homes on the market combined to discourage many would-be homebuyers

The Independent UK

Most US millennials finally own homes – and it’s not thanks to their parents

A wave of young adults bought their first home with the help of student loan pauses and remote work – but will the boom last?

The Guardian - US

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Where are Home Prices Headed for the Remainder of 2023 and Beyond?

After peaking during the pandemic, housing sales have slowed but prices remain elevated. Where is the housing market headed?

Barchart

Existing-home sales fall but prices continue rising

The housing market remained soft in June, a new report by the National Association of Realtors (NAR) shows. Sales of existing homes — previously occupied properties, rather than newly built homes — resumed their long downward slide, dropping 3.3%. The number of sales in June was off 18.9% compared to…

Tribune News Service

Inflation may be cooling, but the housing market is still too hot for many buyers

The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.

WEKU

Home sales fell in June to the slowest pace since January, limited by near-historic low inventory

Sales of previously occupied U.S. homes fell in June to the slowest pace since January, as a near-historic low number of homes for sale and rising mortgage rates kept many would-be homebuyers on the sidelines

The Independent UK

The 5 Big Steps to Buying Your First Home

We told you how to prepare years ahead of your first home purchase. Now here is how to close the deal.

Kiplinger

Is the housing market about to crash? Here’s what experts say

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally started slowing in late 2022. Mortgage companies engaged in mass layoffs, real estate economists lamented a “housing recession” and home prices seemed poised for a correction.

Tribune News Service

Home sales inch up in May amid record-low inventory and biggest annual drop in prices since 2011

Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low

The Independent UK

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Salon

Christian right's dark new crusade

Rising far-right Christian movement linked to GOP calls for "kingdom revolution" led by an "army of believers"

Axios

Realtors are leaving the housing market in droves

Tens of thousands of realtors are giving up on the profession after their ranks swelled earlier in the pandemic when the housing market was soaring.

Tribune News Service

Bankrate: Existing-home sales, prices decline again

The housing market remained soft in April, a new report by the National Association of Realtors (NAR) shows. Sales of existing homes — previously occupied properties, rather than newly built homes — resumed their long downward slide. The number of sales in April was off 3.4% from last month and…

The Independent UK

Home sales, prices fell in April as limited listings, elevated mortgage rates frustrate buyers

Sales of previously occupied U.S. homes fell again last month, more evidence that many prospective homebuyers are being held back by a persistently low inventory of homes for sale and elevated mortgage rates

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news in one place.

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The Independent UK

US home sales surged in February as mortgage rates dipped

Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates and slight pullback in prices

Tribune News Service

Majority of Hispanic Americans own a home as incomes rise

A majority of Hispanic Americans now own a home, a milestone that was reached in part thanks to demographics and income growth.

Fortune

Millennials’ decision to live with their parents has paid off

Some also paid off a chunk of student loan debt.

Fortune

Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Tribune News Service

Existing home sales fall again in December

Existing-home sales — meaning sales of previously occupied homes, rather than newly built homes — have been on a downward trend all year. And with both mortgage rates and prices remaining fairly high, home shoppers have pulled back. A new report by the National Association of Realtors (NAR) indicates that…

Roll Call

US Chamber of Commerce dips to second place in K Street spending - Roll Call

Mega-bills fueled the influence business in 2022, as lobbyists pivot to dealing with divided government in 2023.

The Independent UK

December US home sales fall, capping nearly 18% drop in 2022

Sales of previously occupied U.S. homes slumped nearly 18% in 2022, the slowest year for the housing market in nearly a decade

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