National Association of Realtors takes on ‘Wall Street Journal’ op-ed

The National Association of Realtors and real estate tech startup REX are duking it out over the value of Realtors in the pages of “The Wall Street Journal.”

What the bombshell buyer-side lawsuit means for Realtors

In case you missed it, a class action lawsuit was filed with the United States District Court in the Northern District of Illinois on Wednesday, March 6. If the court rules in favor of plaintiffs, Realtor associations evaporate, the MLS likely dies off and the entire infrastructure of residential real estate has to be remade.

The bombshell lawsuit that could undo the US real estate industry

A homeseller has filed a class action lawsuit challenging a principal tenet of how the real estate industry works in the U.S. as well as one of the main reasons behind the existence of multiple listing services: the sharing of sales commissions between…

Competition from Zillow, AI is the biggest fear among brokers: NAR

Real estate brokerages anticipate big challenges to come from evolving technology and “nontraditional market participants,” according to a new NAR survey.

What the MLS landscape will look like in 2019

In 2019, the number of multiple listing services in the U.S. will dip below 600, and understanding the MLS landscape is a complex task. This article visualizes MLS data to give big-picture context on the relationships among consumers, agents, brokerage…

NAR tells Congress tax reform is hurting homeowners

The director of the National Association of Realtors, the nation’s largest real estate trade group, testified before Congress about the ways in which the Tax Cuts & Jobs Act have made it harder to own a home.

Housing Affordability Index falls

Housing affordability fell in the fourth quarter, according to the National Association of Realtors’ Housing Affordability Index, released on Tuesday.

Pending home sales fall in December

The National Association of Realtors Pending Homes Sales Index declined 9.8 percent year-over-year in December, marking the 12th straight month of annual decreases.

Existing-home sales decline in December after 2 months of gains

Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains.

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

The deadline for employers to report payments to contract workers on form 1099-MISC along with W-2 and W-3 forms is Jan. 31.