NAR Welcomes Sherry Chris, Apartments.com Reports Rent Slowdown, Meta Revamps Content Moderation

1 Credits

 Sherry Chris Join NAR

In a major move by NAR, Sherry Chris has joined the National Association of Realtors® as an executive advisor, just two weeks after departing Anywhere Real Estate. Chris, a seasoned leader with more than 30 years in the industry, will work closely with NAR CEO Nykia Wright to help strengthen relationships and foster collaboration among real estate professionals.

Chris spent two decades at Anywhere, most recently as President and CEO of the Anywhere Expansion Brands portfolio, where she spearheaded the growth of Better Homes and Gardens Real Estate and ERA. Under her leadership, both brands expanded into dozens of U.S. states and international markets.

In her new role, Chris will focus on helping NAR rebuild trust with brokerages and enhance alignment across the sector. “I am honored to work alongside Nykia and the leadership team at NAR during such an important time for our industry,” Chris said. “My goal is to drive trust, value, and collaboration for key stakeholders in real estate.”

With her extensive leadership background and advocacy work, Chris is poised to play a pivotal role in shaping NAR’s future as it navigates a brighter course. 

Source: Link

Apartments.com Reports Rent Slowdown

Apartments.com, an online marketplace of CoStar Group, has released its Multifamily Rent Report for the fourth quarter of 2024, showing a slight easing in rent growth nationwide. Year-over-year asking rent growth slowed to 1.0% in December, down from 1.1% in September. The national rent per unit closed the year at $1,729, up just $17 from December 2023, though quarter-over-quarter rents fell by 0.4%, marking the second consecutive decline.

Vacancy rates remained steady at 8.0%, while absorption continued to cool with 113,200 units absorbed in Q4, the second quarter of easing. Supply additions outpaced absorption, continuing a trend since 2021, but the gap has narrowed, signaling a more balanced market.

Detroit led the nation with a 3.2% annual rent increase, followed by Kansas City and Cleveland. Meanwhile, Sun Belt cities like Austin, Phoenix, and Jacksonville saw declines in asking rents, with Austin experiencing the steepest drop at 4.8%.

CoStar’s report also highlighted strong performance in mid-priced assets, with 1.3% year-over-year rent growth.

Source: Link

Meta Revamps Content Moderation

And finally, Meta is ending its long-running fact-checking program in favor of a new community-driven system, similar to X’s “Community Notes.” CEO Mark Zuckerberg announced the shift Tuesday, citing a cultural tipping point following recent elections and a growing push for free speech.

As part of the change, Meta will replace third-party fact-checkers with user-driven content ratings, aiming to reduce the number of mistakes made by automated moderation systems. “We’re going to get back to our roots and focus on reducing mistakes, simplifying our policies, and restoring free expression,” Zuckerberg said in a video.

This move will affect Facebook, Instagram, and Threads, where content related to political topics will now be moderated with more focus on high-severity violations, while other issues, like immigration or gender, will face lighter oversight. Meta also plans to adjust its recommendation system to bring back more political content after removing it in previous years due to user complaints.

Zuckerberg’s decision marks a major shift in Meta’s approach to content moderation, seeking to strike a balance between free speech and safety on its platforms.

Source: Link

About “3 Things You Need to Know” on OnTrack Agent.

3 Things You Need to Know” delivers concise, no-nonsense real estate news, ensuring that agents stay informed and ahead of the curve.

Stripping away editorial commentary, the show focuses on the key developments shaping the real estate industry and the broader U.S. economy.

Whether it’s market trends, legislative changes, or economic shifts, each episode distills the most important information into easily digestible segments.

Designed specifically for real estate professionals, “3 Things You Need to Know” equips agents with the insights they need to make informed decisions and thrive in a competitive landscape.

Stay connected to the pulse of the industry with timely updates that matter each weekday, Monday through Friday.

3 Things You Need to Know – Copyright 2025 – OnTrack Agent

Buy Now

---