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The Latest Breaking News from National Association of Realtors

With Mortgage Rates Dipping, Is Now a Good Time to Buy a House?

When mortgage rates dip, timing may be everything.

Kiplinger · Aug 9, 2024

The ultrarich are scooping up mansions while almost no one else can afford a typical home

Luxury-home prices rose more than twice as fast as those of non-luxury homes, and still their sales jumped compared with typical homes, according to Redfin.

Fortune · Jul 25, 2024

US Housing Market Slows As Prices Reach Record Highs

US housing market slowdown in sales but prices rise. Inventory increases, mortgage rates at 7%.

The typical monthly housing payment just fell from an all-time high

In a rare bit of good news, mortgage rates are the lowest they’ve been in months.

Fortune · Jul 18, 2024

A top economist suggests buyers and sellers should brace themselves for the 6% mortgage rate reality

Mortgage rates won’t be going back down to the historical lows seen throughout the pandemic, the National Association of Realtors’ chief economist said.

Fortune · Jul 10, 2024

How to Save Money Selling a House

Wondering how to save money selling a house? New rules regarding agent fees could help lower costs industrywide. Here's a look at other expenses that are negotiable.

Kiplinger · Jul 3, 2024

Do you have “fire in the belly?” If so, you may be suited for a successful career in real estate, according to a top company president

Amy Lessinger shares her secrets to becoming the best agent.

Fortune · May 22, 2024

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Spring Homebuying Season Off To Sluggish Start

Spring homebuying season starts slow with a 4.3% drop in sales due to high mortgage rates and limited inventory. Sellers benefit from rising prices. First-...

If you recently sold your home, you might get part of your realtor fee back

A settlement by the National Realtors Association promises to change the way real estate agents are compensated. It could spell an end to 6% commissions, which are higher than people pay elsewhere.

WEKU · Mar 22, 2024

US Home Sales Rise In February By Most In A Year

Sales of existing homes made the biggest jump in a year last month on improved housing supply, according to industry data released Thursday, as mortgage rates held at slightly lower levels.

International Business Times · Mar 21, 2024

Landmark 8M Settlement Reshapes Real Estate Commission Fees

Learn about the changes in the real estate industry following a 8 million settlement by the National Association of Realtors, including the elimination ...

A major settlement could spell an end to 6% real estate commissions

The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.

WEKU · Mar 15, 2024

Existing Home Sales Rise In January, Boosting Housing Market

January saw a 3.1% increase in U.S. home sales with record high prices. Limited supply and rising mortgage rates pose challenges for buyers.

More than Half of Latinos in the U.S. are Homeowners, an All-Time High

According to a report by the National Association of Realtors, 51.2% of Latinos owned a home by 2022. What are the challenges that persist

Latin Times · Feb 22, 2024

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Keller Williams Realty to Pay Million in Agent Commission Lawsuits Settlement

Learn about the proposed million settlement by Keller Williams Realty Inc. to resolve lawsuits over agent commissions, bringing transparency to the rea...

Chicago Sun-Times · Jan 8, 2024

National Association of Realtors president resigns, blames blackmail threat

Tracy Kasper is the latest leader to depart the embattled organization that represents 1.5 million members. President-elect Kevin Sears will replace her, the association said.

NAR President Resigns Amid Threats: Leadership Turmoil Continues

National Association of Realtors faces more turmoil as president resigns after receiving personal threat. Steps taken to protect organization's integrity.

Kiplinger · Nov 29, 2023

Buying a Home? You Need a Six-Figure Income and a Big Down Payment

The median household income for home buyers hits a record $107,000; Down payments rise to more than two-decade highs as housing market crunch continues, NAR study shows.

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Kiplinger · Nov 21, 2023

Stock Market Today: Stocks Close Lower After Fed Minutes, Retail Earnings

Burlington was a big winner on the earnings front, while Kohl's slumped after its results.

WEKU · Nov 14, 2023

Tough housing market is luring buyers without kids and higher incomes

A report from the National Association of Realtors shows the average home buyer this past year had a six-figure income. Others face challenges in a period of high prices and costly home loans.

Fortune · Nov 14, 2023

Millennials are replaying their parents’ housing market journey as first-time buyers in their 30s flood into an unaffordable market

First-time buyers make up 32% of all home buyers, the National Association of Realtors says—up from last year’s historic low of 26%.

Fortune · Nov 4, 2023

Americans pay $100 billion in real estate commissions but get ready for a 30% cut on that, expert says

A $1.8 billion verdict this week against the National Association of Realtors and large brokerages likely spells changes ahead.

The Independent UK · Nov 2, 2023

National Association of Realtors CEO stepping down; ex Chicago Sun-Times CEO tapped as interim hire

The CEO of the National Association of Realtors is stepping down nearly two months before his planned retirement

Chicago Sun-Times · Nov 2, 2023

National Association of Realtors CEO Bob Goldberg resigns, replaced by former Sun-Times CEO Nykia Wright

Goldberg’s departure follows the resignation of former President Kenny Parcell, who was accused of sexual harassment.

Al Jazeera · Oct 31, 2023

High interest rates is hurting one more industry: Mortgage lenders

Mortgage brokers, who rely on commissions, are struggling as their income has dipped as home buyers move to cash.

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