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topStories Monday, November 06, 2023
Op-Ed: Implications of Local Lawsuit Could Exacerbate Racial Homeownership Gap
The rate of homeownership in the Black community hovers around 45%, a stark contrast to nearly 75% for White households. There are lawsuits, including a federal case in Kansas City, that could make this gulf even greater...
Pending Home Sales Rise in September

Pending home sales grew 1.1% in September, according to the latest data from the National Association of REALTORS® (NAR). This reverses the 7.1% drop seen in August...
Consumer Sentiment Takes Large Tumble in October

Consumer sentiment confirmed its early-month reading, falling back about 6% this October following two consecutive months of very little change...
September Inflation Data Rises as Expected With Spending Beating Estimates

The core personal consumption expenditures (CPE) price index, a key measure of inflation used by the Federal Reserve, increased 0.3% as expected last month...
Bright MLS Urges Transparency in AVMs as Regulators Consider New Rules

The appraisal, either from the buyer or seller’s standpoint, is a point...
4 Things to Know About Institutional Buyers
The inventory challenges besieging many regions throughout the U.S. residential real estate market are not lessening and the latest data indicates they will continue to be a challenge for some time to come. One segment of homebuyers in the single-family home market–institutional buyers–has...
Plaintiffs Triumph in Burnett Case as Jury Finds NAR, Brokerages Conspired to Fix Prices
Burnett Plaintiffs’ Attorney Immediately Files National Suit Against NAR and More Major Brokerages After Favorable Verdict
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