Luxury home values have hit $1.8M, bucking the spring slowdown

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury homes are commanding more than double that price.

An active hurricane season is on the horizon — is the US prepared?

NOAA expects 13 to 19 named storms to arrive now through the end of November. More than 33 million properties face potential damage from high winds and more than 6 million from flooding as a result of storm surge. It's unclear how federal cuts may hinder preparation and recovery efforts.

Get all caught up on NAR midyear: The Download

Get all caught up on the National Association of Realtors Legislative Meetings, including Thursday's votes on the no-commingling and hate speech policies.

Parker withdraws suit against Douglas Elliman clawbacks

In May, Elliman requested to move the dispute into an arbitration and provided all relevant agreements to Parker's claims, according to TRD. Parker withdrew the lawsuit without prejudice, meaning she can refile later.