National News

NAR settles compensation lawsuits for $418 million and will ban commissions on MLS

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

Home prices have risen twice as fast as inflation for 60 years — even more so in Miami

U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.

Mark Willis replaces Marc King as president at Keller Williams

Willis previously served as Keller Williams president from 2002 to 2005 and CEO from 2005 to 2015.

NAR praises Biden’s proposals to address housing affordability  

NAR President Kevin Sears also raised concerns about Biden Administration regulations that could create hurdles to affordability. 

What history tells us about today’s interest rates

If your buyer is having a hard time moving on from 2021 and accepting the reality of today’s rates, a history lesson may help.

Examining homeownership rates across racial groups

A recent NAR report details the persistent gaps in homeownership rates among racial groups, particularly for Black buyers.

HomeServices asks the Supreme Court to review Sitzer-Burnett ruling

Months after being found liable in the now-famous Sitzer-Burnett trial, the Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review a ruling related to the case.

South Florida Housing Scorecard: Home sales dip as inventory rises

Days on market declined in Miami-Dade, Broward and Palm Beach counties.

Florida ranks No. 1 for net migration 

In 2022, the most recent year for which Census data is available, 736,000 people moved to Florida, while 497,000 people left. 

South Florida claims four spots in top 10 priciest U.S. neighborhoods 

Naples, Miami and Palm Beach neighborhoods are among the country’s most expensive enclaves, according to a new report from American Home Shield. 

The Florida Tropical House on the market — in Indiana

The aptly named Florida Tropical House is a historic piece of Northwest Indiana real estate. It’s also for sale — sort of.

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

Power players in Florida real estate named to SP 200 

Numerous heavyweights in Florida real estate were among those included in T3 Sixty’s Swanepoel Power 200, which ranks the most powerful players in residential real estate each year. 

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.

2024 market outlook: What needs to happen for a robust year

Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.

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