National News

Pending home sales regain upward momentum in June 

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

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Miami surges in renter survey 

The city jumped 15 spots in RentCafe’s annual ranking of U.S. cities. 

Guaranteed Rate rebrands itself as Rate

The new name conveys a “concise, modern identity,” the company said. 

U.S. housing deficit grows to about 4.5 million homes

In Miami, the 2022 shortage was nearly 67,000 homes, an 11.5% increase from 2021.

Guaranteed Rate raises more than $1 million for military nonprofits

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

David Weekley CEO to retire Oct. 1 

John Johnson will be replaced by the former president and CEO of telecom-infrastructure provider Crown Castle Inc. 

Case-Shiller: Home-price index hits all-time high in March; Miami sees 8.2% gain 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

VA to temporarily lift ban on buyer agent commissions

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

New-home sales decline in April 

At the same time, the median price of a new home sold in April declined as well. 

Donald R. Horton, founder of nation’s largest homebuilder, dies at 74

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

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Anywhere Real Estate, Keller Williams and RE/MAX commissions settlements receive final court approval

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

Nearly half of all adults would buy their childhood home if they could afford it

Zillow attributes this trend to a growing sense of nostalgia for easier times.

NAR Chief Economist Lawrence Yun optimistic about real estate industry this year and beyond

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

New Subscribe

  • This field is for validation purposes and should be left unchanged.