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Although Northeast transactions declined, the other three major U.S. regions recorded sales increases, including vast growth in the West last month.
The FHFA's efforts to foster competition and innovation in credit modeling will create a path for new models that will open homeownership opportunities for countless responsible, creditworthy Americans.
The changes, many of which NAR has championed for over a decade, should yield thousands of new homeownership opportunities and help alleviate affordability restraints impacting markets across the country.
NAR will begin donating surplus food from its events and meetings to those in need. Working in partnership with the Food Recovery Network, a college student-led hunger non-profit organization, NAR has asked the 1,200 local and state Realtor® associations around the country to "take the pledge" and join to help multiply the effort.
NAR moved to dismiss the Moehrl v. NAR and the copycat Sitzer v. NAR lawsuits because both fail to show how NAR rules for the operation of Multiple Listing Services (MLSs) inhibit competition or cause the plaintiffs any harm.