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.

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

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

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

Camelot Homes was named 2024 Builder of the Year by Pro Builder Media, the official media partner of the National Association of Home Builders.

More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.

COMPASS has acquired @properties and Christie’s International Real Estate.

Ruling brings an end to the Sitzer-Burnett legal saga.

Despite the new record in September, the rate of increase continues to slow. 

Builder confidence in the market for newly built single-family homes increases again.

The new findings come from real estate tech strategist Mike DelPrete.

Multifamily construction, meanwhile, rose on a monthly basis. 

NAR’s 2024 Profile of Home Buyers and Sellers included several record-setting stats about homesellers and FSBOs.

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.

The market share of first-time homebuyers has dropped to 24%: a historic low, according to NAR. The median homebuyer age also hit a record-high of 56.

“Maybe the worst is coming to an end,” Yun said.