'Day of action' brings calls for change to NAR’s doorstep
The NAR Accountability Project and its allies laid out their four-point plan during an event outside the organization’s Chicago headquarters on Monday.
September 18, 2023
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- RE/MAX makes $55 million deal to settle commission lawsuitsThe settlement agreement leaves NAR, HomeServices of America and Keller Williams as defendants with an Oct. 16 trial date looming.Updated September 18, 2023
- As mortgage rates rise, so does buyer’s remorseCanceled deals impacted nearly 16% of homes under contract in August as elevated interest rates and home prices led to sticker shock for some buyers.September 15, 2023
- MLS-owned search platform adds South Florida listingsNestfully, a consumer home search site launched earlier this year by the country's two largest MLSs, expands coverage with new listings.September 15, 2023
- A fall reprieve unlikely as mortgage rates inch upWith inflation proving tough to tame, 7% mortgages may be the norm for a while.September 14, 2023
- What’s turning homeowners into sellers? Getting back to the officeA new Redfin survey found that a significant number of people who moved during the pandemic may need to move back, even if they lose money.September 13, 2023
- What do today’s inflation numbers mean for mortgage rates?Some called the latest report “disappointing,” but economists still expect a downward trend in the months ahead.September 13, 2023
- New tool aims to help agents win leads, sell listingsRealtor.com's newly launched Listing Toolkit is designed to get listing agents in front of more sellers and uplevel their listing presentations.September 13, 2023
- MLS PIN settlement approved by judge after initial concernsThe $3 million settlement in the buyer-broker commissions lawsuit will now move forward following updates to the terms of the agreement.September 12, 2023
- Home price growth picked up this summerCoreLogic found home prices in July were 2.5% higher than a year ago, up from 1.6% appreciation in the spring.September 12, 2023
- Are more settlements coming in the commission lawsuits?As the industry digests Anywhere’s decision to settle the Moehrl and Sitzer/Burnett cases, more such deals, and policy changes, emerge as likely outcomes.September 7, 2023
- Settle the commissions lawsuits? NAR says noAfter a major real estate company reached a settlement in the Moehrl and Sitzer/Burnett cases, NAR said its commitment to defend itself remains unchanged.September 5, 2023
- Anywhere reaches settlements in landmark commission lawsuitsThe company and plaintiffs informed the judges that a preliminary settlement has been reached, ending two potentially damaging trials for Anywhere.Updated September 19, 2023
- Transformative changes are coming, says retiring MLS leaderNWMLS CEO Tom Hurdelbrink says brokerage expansion is changing how MLSs operate, and lawsuits could spur an industry-wide “generational and tectonic shift.”September 2, 2023
- ICE, Black Knight merger on track to close next weekFollowing an FTC settlement in which Black Knight agreed to sell off a portion of its company, the deal is set to close on Sept. 5.September 1, 2023
- NAR stands with CEO amid turmoilNAR leaders affirmed Bob Goldberg as CEO during an emergency meeting days after the association’s president resigned following sexual harassment allegations.August 31, 2023
- Mortgage rates level off but remain above 7%The 30-year fixed-rate mortgage averaged 7.18% this week, dropping for the first time in five weeks.August 31, 2023
- Buyers will drop agents who aren't showing their valueA survey of buyers found that trustworthiness and the ability to provide high-value services were key to landing — and keeping — them as a client.August 31, 2023
- Pending home sales up for a second month but still sluggishPending sales in July rose a modest 0.9%, but that could reflect an extended homebuying season as inventory has stifled buying activity.August 30, 2023
- High home prices in June foretold a tough summer for buyersThe latest Case-Shiller data found that prices continued to creep up through June, returning to peak levels. But things may shift this fall.August 29, 2023
