March 2024 Existing-Home Sales Pace Sluggish Housing market activity declined 4.3% in March 2024, reaching a 4.19 million seasonally adjusted annual rate, down 3.7% from March 2023. By: Michael Hyman Powered by WPeMatico
5 Trendy Ways to Add More Color to the Bathroom The all-white spa is getting color drenched. By: Melissa Dittmann Tracey Design & Architecture, Design Trends, Kitchen & Bath Powered by WPeMatico
4 Modern Outdoor Styles You’ll Envy These designer outdoor spaces draw inspiration from luxury interiors. Design & Architecture, Design Trends Powered by WPeMatico
Sitzer judge grants preliminary approval for NAR settlement Judge Stephen R. Bough ruled that the sweeping changes NAR agreed to were “fair, reasonable and adequate,” and set a final approval hearing for November. https://www.inman.com/2024/04/23/sitzer-judge-grants-preliminary-approval-for-nar-settlement/?utm_source=newsflash&utm_medium=email&utm_campaign=newsflash&utm_content=1025536_readmore_0_19700101&message_id=35132351.78736 The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of… Continue Reading Breaking News: Inman
South Carolina Lawsuit Update As you may know, since the jury verdict in the Sitzer-Burnett case in Missouri, dozens of new lawsuits were filed all across the country, including one commission lawsuit in South Carolina in November last year. The NAR legal team often refers to these lawsuits occurring across the country as "copycat lawsuits"… Continue Reading SC Lawsuit Update
Housing Affordability Weakened in February 2024 Housing affordability fell nationally in February 2024, the monthly mortgage payment decreased 3%, and the median single-family home price fell 1.5%. By: Michael Hyman Powered by WPeMatico
https://cdn.nar.realtor/sites/default/files/documents/nar_realtor_safety_safe_listings_form_2023_06_26.pdf The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading NAR Safe Showings Form
Instant Reaction: Mortgage Rates, April 18, 2024 Mortgage interest rates rose to 7.1% this week; despite higher mortgage rates, mortgage applications increased. By: Jessica Lautz Mortgages & Home Financing Powered by WPeMatico
Following NAR input, buyer agent commissions not counted among IPC limits The National Association of REALTORS® influenced a significant clarification from Fannie Mae and Freddie Mac, with the entities confirming that buyer's agent commissions will not count as part of the interested party contributions limits. This guidance follows a nationwide settlement facilitated by NAR concerning… Continue Reading NAR Helps with Fannie & Freddie Issue
https://www.nar.realtor/magazine/real-estate-news/scotus-rules-in-favor-of-owners-in-property-fee-dispute?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=0F63F11B-AB1C-484C-92B0-36224952BB5D The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading US Sup Ct on Hefty Impact Fees