As NAR prepares to announce its pocket listing rule decision “in the coming weeks,” attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule.
Category: midwest
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year.