In its lawsuit, filed in August, Zea alleges that the defendants engaged in a “concerted scheme” to limit consumer choice and maintain high prices, which damaged its brokerage model. According to Zea, buyer agents associated with the defendants are diverting clients from properties that offer lower or non-existent buyer agent commissions. In his complaint, he […]
Many real estate agents say day-to-day practices are unlikely to change dramatically because professional organizations and state regulators already impose strict fair housing requirements. Debbie Drummond, head of The Debbie Drummond Real Estate Team at Simply Vegashas been in Las Vegas since 2003. She notes that fair housing compliance remains embedded in routine practice. “I […]
According to Yun, interpreting in-person home search activity for December presents some unique challenges for people traveling and taking time off for the holidays, as well as the challenges presented by winter weather in some markets. “We will look at the data in the coming months to determine whether the signing of soft contracts was […]
2025: Focus on resetting and finding stability According to NAR, 2025 was primarily focused on resetting and finding stability after years of legal and financial challenges, with the organization focusing on Sears’ goal of “getting back to basics.” As a centerpiece of its grassroots focus, NAR and its leaders emphasize that 2025 marked the second […]
“They have strong demand for the American dream of home ownership, but now they’re just feeling left behind,” Jessica Lautz, deputy chief economist at NAR, said of first-time buyers. “Homeownership is a way many Americans build wealth… and unfortunately, they’re just being pushed to the sidelines for an extended period of time and missing out […]
“This case provides another opportunity for a court to review allegedly anticompetitive agreements that taint the real estate industry,” the filing said. During the first eleven months of this second Trump administration, it appeared that the DOJ was loosening its oversight of the real estate industry and the National Association of Real Estate Agents (NAR), […]
AWAY to the Housing Act With the goal of streamlined permitting, expanded infrastructure investments, and new developments to increase housing supply and affordability across the country, NAR has been a strong supporter of the ROAD to Housing Act since it was first introduced in the fall of 2024. “The ROAD to Housing Act recognizes what […]
By NAR: “Sales of existing homes rose for the third month in a row due to lower mortgage rates this fall,” said Lawrence Yun, NAR’s chief economist. “However, inventory growth is starting to stagnate.” My central theme when selling existing homes has always been that the bar is so low that we can trip over […]
U.S. existing home sales rose modestly in November due to an easing of mortgage rates, but economic uncertainty is keeping potential buyers on the sidelines. Friday’s report from the National Association of Realtors also showed that the inventory of previously owned homes fell to the lowest level in eight months from October, limiting choice for […]
More than half (56%) of businesses cited housing affordability as the biggest challenge in 2026, with rising costs (36%) and local economic conditions (35%) also driving a large response share. Despite these persistent headwinds, companies are cautiously optimistic. Thirty-eight percent expect profitability to increase in 2025, compared to 30% in 2023 – the last time […]