Wright had served as interim CEO since November.

Seattle ranked No. 12 among major metro areas, with more than 12,800 apartments expected to be completed in 2024. 

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

There are some nuances in NAR’s new rules that are important to know for buyer’s brokers, seller’s brokers or their clients.  

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

Rate, formerly known as Guaranteed Rate, has appointed Daniel Manginelli to lead its nationwide sales coaching program: Success Coaching Solutions.

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

NAR Chief Economist Lawrence Yun expects a pre-election interest rate cut this fall — the first of six to eight rounds.

The U.S. housing shortage grew to about 4.5 million homes in 2022, an increase from 4.3 million the previous year, according to Zillow.

The money raised will go to nonprofit organizations that support the U.S. military community.

“NAR’s proposed settlement agreement largely duplicates the rules and practices in place in NWMLS’ service area for several years,” NWMLS said.

VA Deputy Director of Policy Michelle Corrdion announced that the department would temporarily lift its ban.

Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a new Redfin report.  As of May 15, the typical 30-year fixed mortgage rate was 6.99%, down from

Other settlements are still awaiting final approval, including the $418 million settlement with NAR.

Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.