Jury Finds Realtors Conspired to Keep Commissions High, Liable for $1.8 Billion in Damages

Realtors keep commissions high

A federal jury on Tuesday found the National Association of Realtors and large residential brokerages liable for about $1.8 billion in damages after determining they conspired to keep commissions for home sales artificially high.

Home Sales Set to Hit the Highest Pace Since 2006

NAR releases new rules for real estate agents

Home sales in the United States increased in October, as buyers continued to compete for a limited number of available properties. The National Association of Realtors reported Monday that existing-home sales increased 0.8 percent from the previous month to a seasonally adjusted annual rate of 6.34 million, the highest rate since January. Sales fell 5.8… Continue reading Home Sales Set to Hit the Highest Pace Since 2006

Swift Home Sales Forcing Buyers to Take Risks

NAR releases new rules for real estate agents

American home buyers are having to act faster than ever before in order to close a deal, forcing many of them to make hasty decisions about which house to buy and where to live. According to a survey released Thursday by the National Association of Realtors, home sales between July 2020 and June 2021 sat… Continue reading Swift Home Sales Forcing Buyers to Take Risks

FEMA’s New Flood Insurance Pricing Looks Promising, NAR Exec Explains

TWIA credit line for storm damage

Cyndee Hayden lost everything in a house fire in Philadelphia nearly 30 years ago. Her saving grace: her insurance. Today, she lives on a peninsula in Florida and isn’t naïve to think that a storm could blow her life away once again. Ms. Hayden has become a passionate advocate for equitable and affordable insurance —… Continue reading FEMA’s New Flood Insurance Pricing Looks Promising, NAR Exec Explains