Nykia Wright has been named interim CEO for the National Association of Realtors® (NAR), effective Nov. 20.

New single-family home sales increased by 12.3% during September, the fastest pace since early 2022.

The National Association of REALTORS®, Keller Williams and HomeServices of America were found liable of conspiring to inflate commissions and ordered to pay damages totaling $1.78 billion, a jury in Missouri ruled Tuesday.

Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.

Agents from Moreland Properties are responsible for the most expensive and second-most expensive new listings in the state of Texas.

This Midwest castle, built in the late 1800s, stands as an authentic reproduction of a Richardsonian Romanesque Scottish castle.

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Corcoran is expanding its Houston presence with the launch of Corcoran Prestige Realty.

“By adopting evidence-based WELL strategies, builders in Jubilee are highlighting their commitment to help make a positive impact in the community,” said Jessica Cooper, chief product officer for IWBI.

The castle is listed by Richard Bassford, leader of The Bassford Team at RE/MAX Concepts Bettendorf, for $700,000.

However, the average home sold in 38 days — a day faster than last year.

Among them: Mike Totten of The Mike & Mike Team Real Estate, who was named REALTOR® of the Year, and The Franklin Team at eXp Realty, named Team of the Year.

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

Marquette Companies broke ground on The Sylvan, a build-to-rent community in The Woodlands area.

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.