National News

NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

NAR’s Lawrence Yun predicts home-sales growth of 9% or more in 2025

Yun expects mortgage rates to drop to 6% by the end of the year.

Who is new HUD secretary, Scott Turner?

Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.

CoreLogic: U.S. home prices rose 3.4% in November 

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

How much did it cost to build a new home in 2024?

What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

NAR: Existing-home sales rise for third month in a row in December 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

73% of owners have regrets about their home purchase, survey finds

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

Appeals court rules in favor of agents using floor plans to market homes

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

0% of homes are affordable to locals in these 9 markets

In 28 cities, the typical local family can afford less than 1% of for-sale properties, according to a recent study by NetCredit.

Amy Lessinger resigns as RE/MAX president

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.

NAHB joins 15 states in lawsuit against HUD to prevent new energy standards

The National Association of Home Builders (NAHB) has joined 15 states in a legal complaint to prevent the adoption of new minimum energy-efficiency standards.

Clear Cooperation: Keep it, ditch it or reform it?

NAR signaled its intent to continue its Clear Cooperation policy, but the debate over the issue has not subsided. Brokerage leaders weigh in.

‘Seeing momentum’: How top real estate executives view the 2025 market

Four real estate titans — Kamini Rangappan Lane of Coldwell Banker Realty; Amy Lessinger of RE/MAX; Mike Miedler of Century 21; and Robert Reffkin of Compass — share their insights on the year ahead.

November pending home sales top expectations, hitting highest level since February 2023 

In its last reading before the end of the year, the National Association of REALTORS®  Pending Home Sales Index posted its fourth consecutive monthly increase in November. 

Economist Matthew Gardner’s predictions for real estate in 2025

Matthew Gardner shares his predictions for the housing industry in 2025.

NAR: Existing-home sales rise in November for sharpest gain since 2021

The year-over-year increase of 6.1% is the greatest since June 2021, according to the association. 

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