What REMAX’s Chris Lim wants to build at the American Real Estate Association

REMAX president and chief growth officer Chris Lim created a stir late last month when the American Real Estate Association (ARA) announced his appointment to the fledgling trade group’s board of directors.  “I’ve always believed real estate is an industry where people should be working together,” L

Pending Home Sales Plunge 5.4% in June as Prices Surge to Record High

Pending home sales retreated in June on both a monthly and annual basis, driven down by mortgage rates climbing to a 10-month high and home prices setting a new record. Contract signings plunged 5.4% compared to May and ticked down 0.3% from a year ago, according to the National Association of Realt

Short Sales Are Rising as Underwater Homeowners Try To Dodge Foreclosure

Although short sales remain relatively rare, they have been gradually creeping up as underwater homeowners seek ways to avoid foreclosure, with a handful of midpriced markets seeing the highest concentration of these deals. A short sale is a real estate transaction in which a financially distressed

Foreclosures Jump 21% in First Half of the Year, and Florida Leads the Nation

Foreclosures continued to climb in the first half of the year, approaching levels that haven't been seen since 2019, and Florida is leading the nation. In the first six months of 2026, there were more than 227,000 U.S. properties with foreclosure filings, up 21% from the same period last year, accor