National News
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The money raised will go to nonprofit organizations that support the U.S. military community.
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VA Deputy Director of Policy Michelle Corrdion announced that the department would temporarily lift its ban.
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Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.
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Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report.
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Other settlements are still awaiting final approval, including the $418 million settlement with NAR.
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Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.
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NAR previously said the changes were expected to start in mid-July.
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HomeServices of America is the last defendant to settle in the case.
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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.
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The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.
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NAR and other housing groups backed the lawsuit and submitted statements to the justices.
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An appeals panel ruled the DOJ could resume its antitrust investigation into NAR.
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NAR’s Katie Johnson explains what’s next for Realtors in the wake of the association’s legal settlement.
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NAR will prohibit offers of broker compensation or commission on the MLS.
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U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.
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Willis previously served as Keller Williams president from 2002 to 2005 and CEO from 2005 to 2015.