The combination of rising inventory and price reductions in Houston and nationwide is creating a more buyer-friendly market.

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients. 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

Rate, formerly known as Guaranteed Rate, has appointed Daniel Manginelli to lead its nationwide sales coaching program: Success Coaching Solutions.

NAR Chief Economist Lawrence Yun expects a pre-election interest rate cut this fall — the first of six to eight rounds.

In Houston, the 2022 shortage was more than 20,000 homes, a 22.1% increase from 2021.

The money raised will go to nonprofit organizations that support the U.S. military community.

VA Deputy Director of Policy Michelle Corrdion announced that the department would temporarily lift its ban.

Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

Other settlements are still awaiting final approval, including the $418 million settlement with NAR.

Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.

NAR previously said the changes were expected to start in mid-July.

HomeServices of America is the last defendant to settle in the case.

At World Properties LLC, the Chicago-based company that owns @properties and Christie’s International Real Estate, has agreed to settle all claims brought by sellers relating to broker commissions.