by | Jan 16, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
In a speech sponsored by the think tank Brookings Institution, Federal Reserve Governor Chris Waller said he feels more confident and optimistic about the path of the economy than he has in the last three years, and painted a mostly rosy picture of the economy and the...
by | Jan 16, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
@properties | Christie’s International Real Estate—the largest residential real estate brokerage firm in Illinois and the eighth largest in the U.S.—is the latest in real estate to face a class action lawsuit involving commissions in the wake of Burnett vs. NAR. The...
by | Jan 15, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Only a couple weeks into 2024, there continue to be new twists and turns in the legal landscape for real estate...
by | Jan 12, 2024 | Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Two class-action lawsuits filed within the last month echo the Sitzer V. Burnett case decided in Kansas City in 2023, wherein a jury ruled on behalf of plaintiffs that the National Association of REALTORS®’ (NAR) buyer-broker commission rule constitutes a conspiracy...
by | Jan 11, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Interest rates will remain high for “some time,” according to recent comments made by New York Federal Reserve President John Williams. “I expect that we will need to maintain a restrictive stance of policy for some time to fully achieve our goals,” said Williams. “It...
by | Jan 10, 2024 | Agents, Brokers, Latest News, Lead Story, National, News, Premier |
Brokers are more optimistic about the market now, and are less worried about some of the more high-profile challenges of 2023 going into the new year, according to RISMedia’s latest Broker Confidence Index (BCI), with an uptick in broker sentiment to mark the end of...