Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report that will likely give pause to the Federal Reserve as it weighs when and by how much to cut interest rates this year
Millennials have surged ahead to become the largest group of homebuyers, marking a significant shift in the housing market’s demographic landscape, according to the latest report from the National Association of Realtors.
The reporting on the recent $418 million settlement with the National Association of Realtors and several large national brokerage companies has been so atrocious that I must jump in.
Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions, the company said in a regulatory filing Friday.
Many real estate agents across the state are already altering how they interact with home buyers and sellers in the wake of the surprise decision by the National Association of Realtors to settle pending lawsuits over agent commissions.
The National Association of Realtors abruptly reversed course Friday morning, announcing it was settling all lawsuits against it over real estate commissions for a substantially smaller sum than it would have paid under a preliminary verdict announced last year.
Speaking at a Lamacchia Realty conference in Boston Feb. 1, the new president of the National Association of Realtors declared that the traditional rules of agent commissions are “going to change” in the wake of a $1.78 billion lawsuit.
Massachusetts real estate leaders are standing by the beleaguered National Association of Realtors, saying its long-term benefits far outweigh the short-term turmoil now engulfing the 1.5 million-member organization.
Step right up, folks! Ride the fastest ride in real estate: The National Association of Realtors President merry-go-round.
The 2024 president of the National Association of Realtors, Idaho Realtor Tracy Kasper, suddenly resigned Monday afternoon after being subject to an alleged blackmail attempt.
Most brokerages tend to hire anyone who can fog a mirror, turning them loose with hardly any training other than what they learned to pass their licensing tests. And as a result, the business is overrun with too many agents chasing too few deals.
The National Association of Realtors’ 2023 Profile of Home Buyers and Sellers is packed with insights that can help you take your business to the next level in 2024.
Associations, brokers, agents and MLS leaders shouldn’t assume that defendants in the commission lawsuits can win on appeal – and that agent commissions will go down in the lawsuits’ wake.
It has long been suspected that some agents engage in “steering” – guiding their buyer-clients away from low-paying listings. And the authors of a new, large-scale study say they’ve unearthed proof.
Not quite 48 hours after a Missouri jury awarded home-sellers nearly $1.8 billion in damages in an anti-trust lawsuit against the National Association of Realtors over real estate agent commission practices, the association’s chief executive is stepping down.
A Missouri jury handed down a verdict Tuesday afternoon that could upend the residential real estate industry and slap its biggest trade group and several major brokerages with at least $1.8 billion in fines.
Aspiring homebuyers struggling to land a new home – let alone their dream home – and real estate agents and brokers hurting for clients could start to get some relief next year, according to a top housing economist.
Amid fallout from a sexual harassment scandal at the very top of the National Association of Realtors and court cases that look set to force changes in buyer-broker compensation, one of the nation’s largest brokerages says it will require “many” of its agents to leave the group.
Kenny Parcell has resigned his post after 19 NAR staffers and members accused him of sexual harassment in an investigation published Saturday.
Prior to World War II, many extended families, lived together under one roof. And over the last few years, it has gained steam because of a number of factors – the pandemic and high housing costs among them.
