NAR previously said the changes were expected to start in mid-July.

The typical amount donated annually was $1,000, up from $800 in 2022.

HomeServices of America is the last defendant to settle in the case.

CoStar Group Inc., a global real estate information marketplace, will acquire Matterport, which pioneered the development of “digital twins”: the 3D capture method which can deliver photorealistic, virtual home tours.

The survey also revealed that 22% of builders cut home prices this month, down from 24% in March and 36% in December.

NAR and other housing groups backed the lawsuit and submitted statements to the justices.

An appeals panel ruled the DOJ could resume its antitrust investigation into NAR. 

Pareja replaces former CEO Glenn Sanford, who will maintain his roles as founder, chairman and CEO of eXp World Holdings.

The strategic acquisition expands COMPASS’ Gulf reach from Texas to Florida and brings with it a brokerage that closed $3.6 billion in transactions last year. 

Millennials surpassed baby boomers to make up the largest share of homebuyers last year, according to NAR’s latest Home Buyers and Sellers Generational Trends report.

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

NAR’s Katie Johnson explains what’s next for Realtors in the wake of the association’s legal settlement.

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

NAR will prohibit offers of broker compensation or commission on the MLS.

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?