It's no secret that this was a difficult year for the National Association of REALTORS®, which is appealing a major loss in the Sitzer/Burnett trial and endured the resignation of a president over sexual harassment allegations. NAR has vowed to continue defending pro-competitive, pro-consumer MLSs against copycat lawsuits and to make cultural changes to better support members and staff. But although both issues were top news stories in the real estate industry in 2023—and the ramifications of each will continue to make headlines in 2024—there were other real estate-related news topics that caught readers' attention this year. Here are five of REALTOR® Magazine's most popular news articles and podcasts in 2023.
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In the News
Flood risk on minds of homebuyers Homebuyers are becoming more cautious about flood risks, with increasing state requirements for flood history disclosure, real estate sites incorporating flood risk information. Full Story: National Public Radio (12/18)
Zumper's Annual Rent Report reveals that out of 100 cities analyzed, 55 have experienced a drop in rent prices since last year, with an additional 17 cities showing stable rents year-over-year. The report anticipates a continued softening of rent prices through the first half of 2024. Full Story: The Hill (12/17)
Fed's Goolsbee: Data to guide path of interest rates Federal Reserve Bank of Chicago President Austan Goolsbee said that there has been significant progress in the inflation fight in 2023 but cautioned that it is too early to declare victory. As a result, "the data is going to drive what's going to happen to rates," Goolsbee said. Full Story: BNN Bloomberg (Canada) (12/17)
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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