National News

How much did it cost to build a new home in 2024?

What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

NAR: Existing-home sales rise for third month in a row in December 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

73% of owners have regrets about their home purchase, survey finds

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

Appeals court rules in favor of agents using floor plans to market homes

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

Trilogy by Shea Homes named America’s Most Trusted Active Adult Resort Builder — again

“Earning trust among those shopping for an active adult resort community is not something we take lightly,” said Jeff McQueen, president of active lifestyle communities at Shea Homes.

Amy Lessinger resigns as RE/MAX president

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.

NAHB joins 15 states in lawsuit against HUD to prevent new energy standards

The National Association of Home Builders (NAHB) has joined 15 states in a legal complaint to prevent the adoption of new minimum energy-efficiency standards.

Radiance at Superstition Vistas named among 2024’s top-selling MPCs

Radiance at Superstition Vistas was the top-selling master-planned community in Arizona last year, according to RCLCO Real Estate Consulting’s ranking of the top 50 master-planned communities of 2024.

Clear Cooperation: Keep it, ditch it or reform it?

NAR signaled its intent to continue its Clear Cooperation policy, but the debate over the issue has not subsided. Brokerage leaders weigh in.

‘Seeing momentum’: How top real estate executives view the 2025 market

Four real estate titans — Kamini Rangappan Lane of Coldwell Banker Realty; Amy Lessinger of RE/MAX; Mike Miedler of Century 21; and Robert Reffkin of Compass — share their insights on the year ahead.

November pending home sales top expectations, hitting highest level since February 2023 

In its last reading before the end of the year, the National Association of REALTORS®  Pending Home Sales Index posted its fourth consecutive monthly increase in November. 

Economist Matthew Gardner’s predictions for real estate in 2025

Matthew Gardner shares his predictions for the housing industry in 2025.

NAR issues cease and desist to Phoenix REALTORS® over MLS Choice

In a Dec. 18 email obtained by Real Estate News, General Counsel Lesley Muchow told NAR personnel that the association was taking “necessary action” to defend its three-way agreement, which maintains that Realtors must join associations at the local, state and national level.

NAR: Existing-home sales rise in November for sharpest gain since 2021

The year-over-year increase of 6.1% is the greatest since June 2021, according to the association. 

What the Compass acquisition means for @properties and Christie’s International Real Estate

“Things will not change on a day-to-day basis,” says @properties Christie’s International Real Estate CEO Thad Wong.

NAR thinks Phoenix will be a ‘housing hot spot’ in 2025

There are 10 factors that influence this prediction, NAR said.

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