I think both the words "local" and "realism" are ambiguous in their connotations. (Even if they are given unambiguous definitions, there are cases that are intuitively at odds with those definitions) There are at least two senses of "local": (1) Signal locality: No effects can propagate faster than the speed of light. (2) I don't know what the technical word is, but something like "local factorizability". Roughly speaking, the "state" of the universe is completely described by the states of little neighborhoods, together with information about how the neighborhoods fit together. The first is amenable to direct falsification through experiment, and so far seems completely solid. The second is more difficult to test experimentally (because it's much less specific in its observable consequences), but Bell's analysis shows that it can have testable consequences, nevertheless.
I think "realism" means several different things as well. I don't quite understand Dr. Chinese' claim that retrocausality (back-in-time influences) violate realism. But the two meanings that occur to me are: (1) The mathematical objects in the theory assumed to describe the state of an objective, observer-independent world. This is in contrast to a subjectivist theory, where the mathematical objects might represent an observer's information about the world (subjective probabilities, for instance), but don't directly represent anything objective. (2) Observations or experiments are understood as revealing something objective about the world. A many-worlds type theory can be understood as non-realistic in this sense, because an observation such as looking to see the result of a coin flip is not actually revealing anything objective about the world. You know before you look at the coin that the result will be heads in some branches of the multiverse and tails in some other branches. So observation is not revealing anything about the world (or collection of worlds), it's only "self-locating"; it tells which of the branches you find yourself in.
QM, in which the wave function is viewed purely epistemologically, as a description of an observer's knowledge, then that's not a realistic model according to sense (1), but it can be realistic according to sense (2). QM is local according to sense (1), but not according to sense (2) (because of entangled states).
MWI is realistic, according to sense (1), because it views the wave function as real, but it is not realistic according to sense (2). It is local according to sense (1), but not according to sense (2).