Sales Of US Existing Homes Slip Slightly In August
Sales of previously owned US homes fell in August, according to industry data released Thursday, but lower mortgage rates and growing supply were likely to boost the industry.
Here’s what you should know about buying a home ahead of a likely interest rate cut
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might soon turn a corner.
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, according to a report from Redfin on Wednesday.
Home Sales Fall to Lowest Level in Almost a Year. A Turning Point Is Coming.
Home sales remained down in the dumps in August—but there’s reason to believe they could perk up soon. Previously owned homes were sold at a seasonally adjusted annual rate of 3.86 million in August,
Existing home sales fall in August despite lower mortgage rates
Sales of existing homes fell in August as house hunters remained on the sidelines despite mortgage rates hitting their lowest level in over a year.
Home sales ‘disappointing again’ — but Fed rate cut could be silver lining for buyers
US existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply. Home sales fell 2.5% last month to a seasonally adjusted annual rate of 3.
Prices still at record levels amid sluggish existing-home sales
Existing-home sales in August 2024 fell 2.5 percent from the previous month, according to the National Association of Realtors. The nationwide median sale price was $416,700, up 3.1 percent from last year and the highest August median on record.
Chapelboro3d
While New National Real Estate Rules Go Into Effect, Local Brokers Say They Expect Little Change
One month ago, the national real estate industry implemented new rules that caused changes. For some local brokers, it's ...
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National Association of Realtors to pay out $418M settlement
DAYTON, Ohio (WDTN) — Following a $418 million settlement between the National Association of Realtors and home sellers, the way real estate transactions work is expected to change. The lawsuit ...
Ex-National Association of Realtors employee files lawsuit alleging sexual harassment, discrimination
An ex-employee of the Chicago-based National Association of Realtors has filed a federal lawsuit against the trade association alleging a hostile work environment that included sexual harassment and ...
National Association of Realtors® Announces New “Consumer Guide” Series
Digestible, one-page resources provide clear guidance on key topics for home buyers and sellers working with agents who are Realtors®CHICAGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The National ...
USA Today27d
Residential real estate was confronting a racist past. Then came the commission lawsuits
Late in 2020, the National Association of Realtors issued an unusual statement – an apology. “NAR initially opposed passage of the Fair Housing Act in 1968, and at one time allowed the ...
Crain's Chicago Business7d
Ex-employee's lawsuit alleges Realtors group was a toxic, hostile workplace
Roshani Sheth, who worked for an affiliate of the National Association of Realtors for five years ending in 2019, alleges ...
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National Association of Realtors Latest News
2022, 7:21 PM ESTResidential Real Estate January 29, 2021, 9:14 PM ESTResidential Real Estate John Harris of RE/MAX Honolulu, Hawaii Realtors, dies at 49 ...
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National Association of Realtors taps Nykia Wright as its new CEO
Nykia Wright was named the CEO of the Chicago-based National Association of Realtors Monday. Wright has been serving in the role on an interim basis since November and is former CEO of the ...
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Alabama Realtors ask NAR to decouple association memberships
Members of the Alabama Association of Realtors have expressed the desire for greater flexibility in choosing their level of affiliation.
Crain's Chicago Business6y
National Association of Realtors
Roshani Sheth, who worked for an affiliate of the National Association of Realtors for five years ending in 2019, alleges sexual discrimination, retaliation for complaining, and more. The ...
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Foreign Buyers Purchase $42 Billion of U.S. Homes in 2024, a 21 Percent Annual Decline
According to a recent report from the National Association of Realtors (NAR), foreign buyers spent $42 billion on U.S.