Latest National Association of Realtors News

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

Dec. 07, 2022 10:45 AM EST

Seven years ago, Phil Levin and his girlfriend, Kristen Berman, pondered a common question: Should we move in together? Levin assumed they’d take a predictable path and find a more affordable apartment outside of pricey San Francisco. But Berman, a behavioral scientist, shared her...

US home sales fell in October for ninth straight month

Nov. 18, 2022 12:13 PM EST

Sales of previously occupied U.S. homes fell in October for the ninth consecutive month to the slowest pre-pandemic sales pace in more than 10 years as homebuyers grappled with sharply higher mortgage rates, rising home prices and fewer properties on the market. Existing home sales...

California Realtors apologize for role in racist housing

Oct. 21, 2022 19:07 PM EDT

SACRAMENTO, Calif. (AP) — The California Association of Realtors is apologizing for its role in pushing policies that drove racial segregation in the state, decades after the group put its money behind a proposition that overturned the state’s first fair housing law. During a...

US home sales fell in September for eighth straight month

Oct. 20, 2022 11:50 AM EDT

Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market. The...

This Week: Netflix earns, Tesla earns, US home sales

Oct. 17, 2022 08:12 AM EDT

A look at some of the key business events and economic indicators upcoming this week: STREAM THIS Netflix serves up its third-quarter snapshot Tuesday. Wall Street predicts the streaming service pioneer will report that its earnings fell from a year...

Realtors apologizing for past discrimination, urging change

Oct. 14, 2022 09:36 AM EDT

ST. LOUIS (AP) — 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 presale evaluations. But once a buyer made an offer, an appraiser valued the home at only $150,000, and the bank wouldn’t give a...

US home sales slipped, prices grew more slowly in August

Sep. 21, 2022 11:28 AM EDT

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market. The National Association of Realtors said Wednesday that...