The National Association of Real Estate Exchanges changes its name to the National Association of Real Estate Boards.

The term Realtor® is coined “to identify real estate agents who are members of the National Association of Real Estate Boards and subscribe to its strict Code of Ethics”.

In Brooklyn, NY, Sunset Park is established by Finnish immigrants.  It is now the oldest existing co-op in the United States.

New York City becomes the first US city to adopt a comprehensive, citywide zoning law.

Latter & Blum, Inc. Realtors is established in 1916 in the New Orleans.