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But there is still competition for homes, especially at lower price points, where first-time buyers cross paths with buyers on the investment side.

Two recent surveys of agent sentiment conveyed a general sense of optimism heading into the new year, though mortgage rate expectations may not match reality.

As other brokerages stumbled in 2024, Real saw enviable growth in agent count, transactions and share price — with President Sharran Srivatsaa setting the tone.

Existing home sales rebounded in November, pushing annual sales past the 4 million mark. A big jump in mortgage rates may quash momentum, however.

The option lets brokers access the MLS outside the “traditional three-tier membership system.” NAR says it is “maintaining standards for the Realtor brand.”

Look for just two cuts next year — half the number previously forecast — as the Federal Reserve predicts inflation will remain high.

The platform will connect advertisers with RE/MAX consumers at “key moments,” providing a new revenue stream as the brand works to improve its bottom line.

The Real Estate Board of New York told a federal court that rules limiting how agents are paid will make it harder for renters to find apartments.

The U.S. Senate just passed a bill to prevent solicitors from bombarding borrowers with unwanted calls or texts. It's now up to the House to make it law.

Expect a “solid year for new home sales,” modest declines in mortgage rates, and a faster pace of wage growth, Fannie Mae and Veterans United experts predict.

One measure in the monthly index stood out, however, as builders responded with more optimism about where the market is headed in 2025.

The Justice Department was a constant presence in 2024 — weighing in on civil cases, questioning buyer agreements and fighting NAR in the Supreme Court.

Hanna Holdings, eXp and Weichert are among the brokerages yet to resolve litigation in the buyer agent commissions lawsuit.

While some trends have been consistent across the U.S., four states exemplify regional variability in 2025: Texas, California, Florida and Virginia.

Floods, fires and other climate events are changing the real estate landscape. Agents should expect more questions about risk factors — and be ready to respond.

After several atypical years, the real estate market is expected to settle into a new normal, with lower rates, more sales and improving affordability.

Erinn and Peter Nobel leave ROA; William Raveis acquires Nantucket indie; ERA gains WA affiliate; BHGRE bestows Sherry Chris Award to Omaha firm + more news.

For CoStar and Move, the battle for dominance escalated from civil competition to full-scale attacks. Zillow and other players, meanwhile, stayed out of it.

Cities and states across the U.S. are making it easier to build ADUs. Leaders hope those reforms will lead to more supply and improve affordability.

Panelists at NAR’s economic summit expect a better year overall, but pointed to various wildcards that could tug the market in different directions.