HFS (later Cendant Corp., now Realogy) continues their buying spree with the acquisition of ERA for about $46 million and of Coldwell Banker for about $640 million.

The US Environmental Protection Agency (EPA) and the US Department of Housing and Urban Development announce lead-based paint disclosure requirement regulations for sellers and property owners of pre-1978 homes.

Megan's Law is signed requiring sex offenders to register a current address with a designated state law enforcement agency.

Nearly 4.2 million homes are sold, breaking the prevailing 18 year record.

Single licensing is adopted in Colorado.

The Real Estate Buyer’s Agent Council (REBAC) is acquired by NAR.

EXIT Realty is started by in Canada by Steve Morris.