Amid inventory crisis, median age of US housing stock is getting older

In a pair of new studies released Wednesday, NAR and Harvard University are calling on the government to help ease the housing crisis. The housing crisis is expected to persist long after the pandemic ends if the government doesn’t interject soon, a pair of new studies reveal. Two studies released on Wednesday by the National … Read more

They came for 2-sided deals — then a pocket listing debate broke out

Despite its title — “The End of the Two-Sided Deal: Will This Be The New Normal?” — a panel at Inman Connect quickly turned into an intense debate over the role of pocket listings. Do pocket listing bans ‘devalue’ agents, or benefit consumers?They intended to talk about two-sided deals, but stayed to debate pocket listings … Read more

Judge to REX: Stop calling NAR, Zillow a ‘cartel’

A judge also denied REX’s request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing that it was the victim of anticompetitive practices. Zillow and the National Association of Realtors (NAR) scored a victory in their legal fight with discount brokerage REX Wednesday when a judge said REX hadn’t … Read more

NAR, Updater partner to provide real-time relocation data to Realtors

The trade group will be able to use “pre-move” data to inform reports on migration patterns and housing demand. With “the great reshuffling” underway as people with increased flexibility to work from anywhere move to homes that better fit their needs, relocation trends can be hard to spot in real time. To tackle that problem, … Read more

The New Normal for listings is endless evolution

“The New Normal” is a multistory Inman series exploring what’s returning to normal after the pandemic fades and what will never be the same. Check back tomorrow for a new installment and join us June 15-17 when we take the conversation live at Inman Connect. When Suzanne DesMarais started her real estate career a couple of decades ago, … Read more

The Inman Handbook on existing-home sales

This is the third installment of a new Inman series digging into, and explaining, routine real estate economic metrics and how they’re used to illuminate the current housing market and inventory crises. Don’t miss part 1, The Inman handbook on pending home sales, and part 2, The Inman handbook on new-home sales. While pending-home sales … Read more

DOJ: Pocket listing suit against NAR shouldn’t have been thrown out

On Wednesday, the U.S. Department of Justice put its finger on the scale in an antitrust lawsuit filed by a former pocket listing service against the National Association of Realtors and three of the nation’s largest multiple listing services, arguing that the lower court erred in dismissing the suit in February. At the same time, … Read more

Inman Handbook on pending home sales

This is the first installment of a new Inman series digging into, and explaining, routine real estate economic metrics and how they’re used to illuminate the current housing market and inventory crises. Check back tomorrow for the second installment on new-home sales. Each month, the National Association of Realtors (NAR) performs a ritual. In emails … Read more

Top Agent Network takes aim at office exclusives in NAR pocket listing policy

Top Agent Network, a firm that operates a members-only private group of real estate agents, is making one last attempt to stop the National Association of Realtors from enforcing a policy designed to curtail pocket listings by taking aim at the policy’s exception for office exclusives. A year ago, TAN filed a federal lawsuit alleging NAR and … Read more

The New Normal: What if agent pay was more than just commissions?

This is the third installment in “The New Normal,” a multistory Inman series exploring what’s returning to normal after the pandemic fades and what will never be the same. Don’t miss part 1, What if the brokerage of the future isn’t a brokerage at all? and part 2, What if real estate agents never go back to the … Read more

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