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National News

Engel & Völkers hosts fourth annual Pride Summit in Chicago

Engel & Völkers hosted its fourth annual Pride Summit downtown Chicago June 29-July 1, where real estate professionals from across the country gathered to learn from each other and enhance LGBTQ+ inclusivity in homeownership. 

NAR: Existing-home sales price hits all time high in June 

At the same time, the pace of existing-home sales declined from May’s level. 

RE/MAX: Chicago leads US for June home sales  

Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said. 

Housing starts climb 4.6% in June despite softening single-family sector 

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

MBA: Tariff worries starting to show up in mortgage app numbers 

Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said. 

What’s new on Zillow? 5 features that enhance the home search experience

Zillow has rolled out five new features this summer to make searching for homes easier and more efficient.

NAR’s new Market Statistics Dashboard provides local housing data to members

The National Association of REALTORS® debuted its Market Statistics Dashboard for members, which provides local housing data intended to help clients buy and sell homes.  

Fannie and Freddie now accept VantageScore 4.0 for mortgage underwriting 

The FICO alternative is expected to greatly expand the number of eligible borrowers by allowing rent and utility payments to count toward a credit score. 

mortgage applications
MBA: Mortgage applications pop as rates fall to three-month low 

Purchase applications hit their highest level since February 2023. 

NAR advocacy effort starts with Chicago REALTORS®

2025 REALTOR® Party Director Zeke Morris says the association’s lobbying efforts begin at the local level.

NAR scores major policy wins as real estate advocacy accelerates in 2025

The National Association of REALTORS® racks up policy wins as it cements its role as real estate’s top advocacy group.

Pippion McGriff leads NAR’s push for broker-focused engagement, policy influence

National Association of REALTORS® Vice President of Association Engagement Nykea Pippion McGriff is working to strengthen ties with brokerages and local associations nationwide.

NAR claims real estate wins as House passes One Big Beautiful Bill Act

The National Association of REALTORS® has claimed that the passage of the One Big Beautiful Bill Act in the House delivers significant victories for homeowners and real estate professionals.

Chicago Housing Scorecard: Starts and inventory continue to rise

Chicago’s housing inventory continues to rise, thanks in part to a boost in new-home construction in the market.

US commissions jump to 5.44% amid cooling housing market

According to a report from Clever Real Estate, the average total commission for U.S. real estate agents is now 5.44%, a rise from 5.32% over the past year, despite the recent broker commission reforms from the National Association of REALTORS®.

NAR: One in five homebuyers considered their pet when choosing neighborhood

Pets aren’t just companions — they’re family. And according to a recent National Association of REALTORS® report, one in five homebuyers actively considered their pet’s needs when choosing a neighborhood.

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