Metro East REIA
- Sep 20, 2021
- 1 min read

Justice Department Probes NAR’s Ban on Pocket Listings

HousingWire is reporting (reposted on RealTrends) that the National Association of Realtors (NAR) is giving insight into the U.S. Department of Justice’s investigation into their recent ban on Pocket Listings. According to the report, the Biden Justice Department unilaterally withdrew from their consent decree with the NAR in July, 2021. In mid-September, the NAR sent out a 44-page legal briefing stating that they want to set aside or modify a civil investigative demand made by the Justice Department. Continue reading HERE...

Recent Posts

See All

Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies

Housing Starts & Permits Jump Up in February

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

Yardi Says Multifamily Flat in February

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw