National News

NAR settles compensation lawsuits for $418 million and will ban commissions on MLS

NAR will prohibit offers of broker compensation or commission on the MLS.

Home prices have risen twice as fast as inflation for 60 years — but that trend may be reversing

U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.

Mark Willis replaces Marc King as president at Keller Williams

Willis previously served as Keller Williams president from 2002 to 2005 and CEO from 2005 to 2015.

NAR praises Biden’s proposals to address housing affordability  

NAR President Kevin Sears also raised concerns about Biden Administration regulations that could create hurdles to affordability. 

What history tells us about today’s interest rates

If your buyer is having a hard time moving on from 2021 and accepting the reality of today’s rates, a history lesson may help.

Examining homeownership rates across racial groups

A recent NAR report details the persistent gaps in homeownership rates among racial groups, particularly for Black buyers.

HomeServices asks the Supreme Court to review Sitzer-Burnett ruling

Months after being found liable in the now-famous Sitzer-Burnett trial, the Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review a ruling related to the case.

Draper and Kramer Mortgage acquired by New American Funding

The acquisition will bring most of Draper and Kramer’s loan originators and operations and support staff to NAF.

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.

2024 market outlook: What needs to happen for a robust year

Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.

Revealing the top home shopper search terms of 2023

A Zillow analysis of more than 250 billion online searches shows storage and outdoor amenities to be among the top preferences for American home shoppers in 2023.

Number of immigrants working in U.S. construction reaches record high

Immigrants working in U.S. construction hit 2.9 million.

Millennials and baby boomers decorate differently

Americans now spend $5,635 each year on home renovation projects, -plus an additional $1,599 on home decor. However, those averages differ between generations.

Santa’s North Pole cabin listed for $1.18M

Take an AI-powered interactive tour of the listing on Zillow

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