National News

Examining homeownership rates across racial groups

A recent NAR report details the persistent gaps in homeownership rates among racial groups, particularly for Black buyers.

HomeServices asks the Supreme Court to review Sitzer-Burnett ruling

Months after being found liable in the now-famous Sitzer-Burnett trial, the Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review a ruling related to the case.

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.

2024 market outlook: What needs to happen for a robust year

Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.

Revealing the top home shopper search terms of 2023

A Zillow analysis of more than 250 billion online searches shows storage and outdoor amenities to be among the top preferences for American home shoppers in 2023.

Number of immigrants working in U.S. construction reaches record high

Immigrants working in U.S. construction hit 2.9 million.

Millennials and baby boomers decorate differently

Americans now spend $5,635 each year on home renovation projects, -plus an additional $1,599 on home decor. However, those averages differ between generations.

Santa’s North Pole cabin listed for $1.18M

Take an AI-powered interactive tour of the listing on Zillow

Nearly half of homesellers don’t know they pay the buyer agent’s commission

According to new data from Clever, 42% of homesellers mistakenly believe that buyers directly pay their agent’s commission fees.

Deck the halls: Unwrapping 2023’s Christmas decorating stats

With the holidays arriving, 83% of Americans are decorating for the festivities, according to Lombardo Homes. The new-construction company is unwrapping all the stats surrounding Americans’ and their holiday cheer.

Living room renovations: America’s hottest home upgrade trend

The term “living room renovation” was Googled 629,832 times per month. The data indicates that Americans are most interested in updating their living rooms.

Atlanta identified as a top market for growth in 2024

The Sun Belt is poised for the strongest residential real estate growth in the U.S., according to the 2024 Emerging Trends in Real Estate report, released jointly by PwC and the Urban Land Institute every year.

NAR installs 2024 leadership team

Tracy Kasper was named 2024 president of the National Association of Realtors® during the organization’s annual event in Anaheim, California. 

NAHB: The two-car garage is king

Across the map, there’s a dominant parking option among single-family homes: the two-car garage. Sixty-six percent of new single-family construction in 2022 included two-car garages.

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