NAR is ripping up parts of the rulebook and claiming a win in court, Zillow says 53% of homes lost value, and Redfin is calling this the strongest buyer's market in more than a decade. So… is the housing market finally shifting, or are we just stuck in a weird standstill?

In this live episode of tWiRE (This Week in Real Estate), we're breaking down:

• NAR's "dawn of a new era" – their new 3-year strategic plan to rebuild trust, modernize tools and data, and tighten ethical standards after two brutal years of controversy.

• A key NAR win in a buyer commission case – why the judge striking down the proposed class (because it overlaps with Sitzer | Burnett) matters for future commission lawsuits and industry risk.

• MLS access goes local – NAR repeals the national rule tying MLS access to Realtor membership and hands the decision to local MLSs after a major risk review and a slate of policy changes.

• Referral fee transparency fight – the board voted for wider disclosure, the delegate body shot it down. We'll talk about what that says about "pro-consumer" messaging vs. how money really moves in real estate.

Then we zoom out to the market:

• "53% of homes lost value" – what that headline actually means (and doesn't), how most homeowners are really positioned, and how to talk nervous sellers off the ledge without sugarcoating reality.

• Strongest buyer's market in over a decade – sellers outnumber buyers by a wide margin, especially in key metros, but it only feels like a buyer's market if you can afford to play.

• A housing market that's basically stuck – sales, new listings, and prices are barely moving; yet national home prices still inched up in October even as activity plateaus.

• Rates and demand – mortgage rates just hit their highest level in a month, loan demand is down about 5%, and pending home sales are slipping as buyers wait for lower rates and economic clarity.

• If you're an agent, buyer, seller, or investor trying to figure out what to do next in this "buyer's market that doesn't really feel like one," this episode is for you.

🟣 Join us live on YouTube, 12 CST, to ask questions, share what you're seeing in your market, and push back on the headlines.

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