by | Jul 16, 2024 | Agents, Brokers, Economy, Industry News, Latest News, National, News, Premier |
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal Reserve Chair Jerome Powell said that inflation would not necessarily have to hit 2% before interest rates are cut. This statement constitutes a...
by | Jul 16, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
United Real Estate and HomeSmart yesterday became the latest companies to settle seller lawsuits, according to a filing in federal court, while several other companies simultaneously chose to push forward and continue fighting seller commission cases, potentially...
by | Jul 15, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a July 12 ruling, the U.S. Court of Appeals for the District of Columbia Circuit in Washington, D.C., denied the National Association of REALTORS®’ (NAR) request for a rehearing in its dispute with the Department of Justice (DOJ). NAR and DOJ had originally reached...
by | Jul 15, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Woodbury, New York—Two heads are almost always better than one when facing uncertainty. When facing a lot of uncertainty—for instance, when a parade of class-action lawsuits upend century-old precedent in how your industry operates—it might be better to get as many...
by | Jul 15, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Last year proved to be a difficult one for REALTORS®, a direct result of a recovering, post-COVID market that lacked inventory and housing affordability—causing existing-home sales to fall to the lowest figure since 1995. According to the annual National Association...
by | Jul 15, 2024 | Agents, Brokers, Industry News, Latest News, 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. Here in the liminal space between when the National Association of REALTORS® (NAR) agreed to a settlement, and...