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Kenny Parcell, a 25-year agent and broker, brings a passion for advocacy, service and communication to his new role as 2023 NAR president.

The average 30-year fixed-rate mortgage rate was 6.61% on Nov. 17, down nearly half a point from last week, suggesting that inflation may have peaked.

After skyrocketing during the pandemic, rents are now growing at a modest pace — but for many renters, buying a home remains out of reach.

The 2023 Swanepoel Trends Report looks at agent and broker compensation structure, which is at the center of several pending lawsuits.

In the face of high interest rates and high home prices, the number of residential mortgages issued has dropped nearly 47% over the past year.

The latest movers: Aaron Kirman, Luczak Real Estate, Dean Aguilar Group, Spouses With Houses

Chief Information Officer Grady Ligon says the value of tech is "helping real estate professionals do what they do — but better."

John Davis, who resigned from Keller Williams in 2019, said the company and its founder have tried to ruin his reputation.

Lydia Pope, who leads the National Association of Real Estate Brokers, discusses narrowing the racial gap in homeownership and opening doors for Black agents.

The latest housing market indicators continue to trend slightly against sellers, but buyers are even more hesitant to enter the market.

The National Association of Realtors annual conference featured timely discussions and tips for the thousands of agents in attendance.

Michael Altneu, vice president of Global Luxury at Coldwell Banker, said luxury housing has proven resilient in a cooling market.

After years of low inventory, Mike Simonsen of Altos Research expects housing inventory to approach more normal levels by the end of summer 2023.

Affordability challenges are real, but military families can leverage benefits like VA loans to reduce or eliminate their down payment.

CEO and founder Robert Reffkin said that lower sales volumes are creating “significant challenges” for the housing industry as mortgage rates climb.

A lack of inventory, rising interest rates and inflation are cutting more first-time buyers — especially minority buyers — out of the market.

Inflation numbers were lower than expected in October, with housing prices representing half of the increase, while mortgage rates crept up.

In a shifting real estate environment, Doctorow says the company's mission of serving agents, brokerages and consumers remains their North Star.

While some consumers are adjusting to the realities of the current market, others are holding onto the past — or hoping for an unlikely future.

Redfin announced significant losses and a new round of layoffs in anticipation of a continuing slowdown "at least through 2023."