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The Latest Breaking News from Realtors

US Department Of Justice Raises Concerns Over Real Estate Settlement

The US Department of Justice's concerns about a recent real estate settlement have caused uncertainty in the industry.

Top News

Anthony Lamacchia: An Outspoken Voice For The Real Estate Industry

With his strong media and online video presence, Lamacchia stands as an outspoken defender of the industry and Realtors, a role few are willing to undertake.

International Business Times

A major settlement could spell an end to 6% real estate commissions

The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.

WEKU

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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

Realtors are leaving the housing market in droves

Tens of thousands of realtors are giving up on the profession after their ranks swelled earlier in the pandemic when the housing market was soaring.

Axios

Paul Vallas outspent Brandon Johnson nearly 2-to-1 in losing mayoral bid

CHICAGO — Former Chicago Public Schools CEO Paul Vallas outspent Cook County Commissioner Brandon Johnson by a nearly 2-to-1 margin leading up to Vallas losing in April in the race to become Chicago’s next mayor.

Chicago Tribune

More millennials are leaving the nest to form their own households

From 2016 to 2021, nearly every state saw a spike in the number of young adults between the ages of 25 and 44 forming new households, a development with far-reaching implications for state populations, economic growth and infrastructure.

Tribune News Service

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St. Louis Realtor trade group apologizes for discrimination, aims to boost Black homeownership

The St. Louis region’s largest real estate trade group on Monday unveiled a plan to boost African American homeownership as part of an effort to redress its decades-long role in perpetuating housing discrimination.

St. Louis Post-Dispatch

Florida lawmakers raid $100M from affordable housing for program that doesn’t exist

TALLAHASSEE, Fla. — In the midst of a statewide housing crisis, the Florida Legislature swept $100 million out of a nationally respected affordable housing rental assistance program for low-income families into a home-buying program that exists in name only.

People

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Organisations

Chicago Public Schools

the National Association of Realtors

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Florida Legislature

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National Association of Realtors

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