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NAR: ‘What a wonderful house that you have all built’

National Association of Realtors leaders struck a celebratory tone at NAR 360, the trade group’s kick-off event for its annual Realtors Conference & Expo Thursday. Source: click here

NAR directors may face eligibility and performance requirements

Should directors of the National Association of Realtors be active, producing agents? Should they be required to attend NAR board meetings? Should NAR verify they’ve actually read their meeting packets before showing up for a vote? Source: click here

Mortgage rates are back at July levels

The trade war damage in the U.S. outside of manufacturing and farms has been undetectable. Source: click here

Change to proposed pocket listing policy announced at NAR Expo

“Clear Cooperation Policy” will now require that properties be submitted to the MLS within one business day, a change that puts the policy more in line with Bright MLS’s rule. Source: click here

Zillow revenue continues to explode, but losses widen

The ballooning revenue and losses can be attributed to the scaling of Zillow Offers. Source: click here

Airbnb to debut ‘rapid response team’ after fatal shooting

In the wake of a shooting at an Airbnb listing that left five dead, Airbnb has announced new measures designed to improve safety and trust across its short-term rental platform. They include a rapid response team for fielding complaints from neighbors and human reviews of “high-risk” listings. CEO Brian Chesky wrote in a Wednesday email […]

Side raises $35M in Series C funding round

The San Francisco-based brokerage also announced the addition of former Trulia President Paul Levine to its board of directors. Source: click here

Housing affordability improved modestly in third quarter: NAR

Housing affordability experienced improvement nationwide after months of struggling, according to the National Association of Realtors’ Housing Affordability Index released Thursday. In the third quarter, the median price of a single-family home in the United States rose to $280,200 from $279,500. Nonetheless, mortgage rates fell from 4.08 percent to 3.71 percent while the percentage of […]

US home prices spiked nearly everywhere in third quarter: NAR

Home prices rose in 93 percent of all U.S. metro markets in the third quarter, according to the Metropolitan Median Area Prices and Affordability report released Thursday by the National Association of Realtors. A median single-family home now commands $280,200, up 5.1 percent from $266,500 during the same period in 2018. Some cities experienced particularly […]

WATCH: ‘Million Dollar Listing’ star Fredrik Eklund on selling anything to anyone

Create your own success story at Inman Connect New York, January 28-31, where over 4,000 industry professionals gather to forge new relationships, share tactical takeaways and discover the latest technology to boost their bottom line. With hundreds of speakers, engaging sessions and can’t-miss networking events, Connect provides unlimited opportunities for agents and brokers to cultivate […]

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