The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.

NAR and other housing groups backed the lawsuit and submitted statements to the justices.

An appeals panel ruled the DOJ could resume its antitrust investigation into NAR. 

Among the honorees was Shadrick Bogany, a broker associate with Better Homes and Gardens Real Estate Gary Greene.

Pareja replaces former CEO Glenn Sanford, who will maintain his roles as founder, chairman and CEO of eXp World Holdings.

The strategic acquisition expands COMPASS’ Gulf reach from Texas to Florida and brings with it a brokerage that closed $3.6 billion in transactions last year. 

Millennials surpassed baby boomers to make up the largest share of homebuyers last year, according to NAR’s latest Home Buyers and Sellers Generational Trends report.

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

NAR’s Katie Johnson explains what’s next for Realtors in the wake of the association’s legal settlement.

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

NAR will prohibit offers of broker compensation or commission on the MLS.

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?

Willis previously served as Keller Williams president from 2002 to 2005 and CEO from 2005 to 2015.

Deputy Secretary Adrianne Todman will take over as acting secretary on Marcia Fudge’s last day, March 22. 

NAR President Kevin Sears also raised concerns about Biden Administration regulations that could create hurdles to affordability.