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The Latest Breaking News from National Association of Realtors

National Association of Realtors president resigns, blames blackmail threat

Tracy Kasper is the latest leader to depart the embattled organization that represents 1.5 million members. President-elect Kevin Sears will replace her, the association said.

Chicago Sun-Times

NAR President Resigns Amid Threats: Leadership Turmoil Continues

National Association of Realtors faces more turmoil as president resigns after receiving personal threat. Steps taken to protect organization's integrity.

Top News

National Association of Realtors CEO Bob Goldberg resigns, replaced by former Sun-Times CEO Nykia Wright

Goldberg’s departure follows the resignation of former President Kenny Parcell, who was accused of sexual harassment.

Chicago Sun-Times

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The housing market is about to have its slowest year since the real estate bubble burst in 2008, according to National Association of Realtors

Mortgage rate lock-in effect is making homeowners hold on for longer: “You can’t buy what’s not for sale,” one pro says.

Fortune

‘Enough is enough’: Redfin is so furious about the bombshell NAR sexual harassment report it’s ordering thousands of Realtors to ditch the industry group

Redfin only joined the National Association of Realtors in 2017, and now it’s ordering as many of its members to leave as possible. It just can’t yet in some markets.

Fortune

Critics allege Chicago-based National Association of Realtors tolerates sexual harassment, calls for CEO Bob Goldberg to resign

Former staffer tells Sun-Times of incidents involving forced physical contact at events the association organized.

Chicago Sun-Times

This Fortune 1000 real estate giant just settled antitrust lawsuits for a reported $83.5 million

"This settlement is a significant milestone in this case against the National Association of Realtors and the Nation’s four largest real estate brokerages" Steve Berman, the attorney for the plaintiffs, wrote in a statement shared with Fortune.

Fortune

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A reckoning, we hope, at the National Association of Realtors

There is a shakeup in leadership at the Chicago-based National Association of Realtors, and we’d say it’s way overdue.

Chicago Sun-Times

President of Chicago-based National Association of Realtors quits after reports of sexual harassment

Kenny Parcell resigned from his post after The New York Times reported several women had accused him of sexual harassment such as forced physical contact and sending inappropriate messages.

Chicago Sun-Times

PulteGroup reports robust growth to finish 2022; net income up 33%

Atlanta-based PulteGroup on Tuesday reported net income of $882 million for the last quarter of 2022, up 33% from the same period a year earlier.

Tribune News Service

Existing home sales fall again in December

Existing-home sales — meaning sales of previously occupied homes, rather than newly built homes — have been on a downward trend all year. And with both mortgage rates and prices remaining fairly high, home shoppers have pulled back. A new report by the National Association of Realtors (NAR) indicates that…

Tribune News Service

Atlanta's BeltLine shows how urban parks can drive 'green gentrification' if cities don't think about affordable housing at the start

Is Atlanta a good place to live? Recent rankings certainly say so. In September 2022, Money magazine rated Atlanta the best place to live in the U.S., based on its strong labor market and job growth. The National Association of Realtors calls it the top housing market to watch in…

The Conversation

US Chamber of Commerce dips to second place in K Street spending - Roll Call

Mega-bills fueled the influence business in 2022, as lobbyists pivot to dealing with divided government in 2023.

Roll Call

Top 10 real estate markets in the US are all in the South

Real estate in Atlanta, Raleigh, North Carolina and Dallas-Fort Worth is expected to outperform most other metro areas in 2023, according to the National Association of Realtors.

Tribune News Service

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The Independent UK

Co-buying a house: How platonic partners make it work

From rising home prices to soaring interest rates, it’s a daunting time to be a home buyer

Tribune News Service

How far will home prices fall? Some say 20% or more is possible

As the U.S. housing market continues to cool, a growing number of forecasters say homeowners could soon experience significant price declines. These analysts look at the record run-up in home prices during the COVID pandemic and say a drop of 20% or more looms in the near future.

WEKU

Voters approved more money for affordable housing around the country

Skyrocketing rents and home prices have been a major part of voters' economic pain. New spending will go toward building and subsidizing more housing, and helping people avoid homelessness.

Tribune News Service

Housing market predictions for 2023

We’re rounding the corner on 2022 and quickly heading toward a new year. That makes this a perfect time to prognosticate real estate matters for 2023. With mortgage rates escalating higher, home sales — and, in some areas, home prices — hitting the brakes, and increased uncertainty felt throughout the…

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The Texas Tribune

After suspending political donations post-insurrection, AT&T and Valero fund election-deniers in the midterms

AT&T and Valero were among a handful of political action committees that donated to candidates this cycle who have denied the legitimacy of the 2020 election results.

Tribune News Service

Is the housing market about to crash? Here’s what experts are saying

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally is slowing. While demand and price gains are cooling, any correction is likely to be a modest one, housing economists and analysts say. No one expects…

The Independent UK

How Black people are still discriminated against when buying and selling houses: ‘We have an issue here’

When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept four-bedroom house at $175,000 based on pre-sale evaluations

The Independent UK

Realtors apologizing for past discrimination, urging change

When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept four-bedroom house at $175,000 based on pre-sale evaluations

Tribune News Service

This Federal Reserve policy you’ve never heard of could have the biggest effect on your wallet

The Federal Reserve is making headlines by raising interest rates at the fastest pace in a single year since the 1980s, concerning investors and consumers alike with fears the central bank could go too far, too fast.

Tribune News Service

Is the housing market about to crash? Here’s what experts are saying

The U.S. housing market may be starting to slow down, but it is still hot. Double-digit appreciation is commonplace. Many sellers are still giddily sifting through multiple offers, and frantic buyers continue to pay more than asking prices — sometimes by $100,000 or more.

Axios

Fed's rate hikes hammer housing affordability

The Fed is trying to make home buying more expensive. It's working.

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