by | May 6, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
According to new legal filings in the U.S. Securities and Exchange Commission (SEC), Redfin will pay $9.25 million as part of a settlement agreement reached with homeseller plaintiffs in the class-action lawsuit known as Gibson. This amount comes as plaintiffs argue...
by | May 6, 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. While NAR and other settlements pend both preliminary and final approval, the flow never stops in the court...
by | May 6, 2024 | Industry News, Latest News, National, News, Premier |
As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in inflation and no respite in the interest rates from the Fed yet—there’s been a lot of uncertainty surrounding the mortgage market. This...
by | May 6, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Attendees walk past the REALTOR® logo Sunday at the Walter E. Washington Convention Center in Washington D.C. Three months ago, NextHome CEO James Dwiggins, speaking on an RISMedia webinar, took a forceful—and somewhat unexpected position—on controversies and...
by | May 3, 2024 | Industry News, Latest News, National, News, Premier |
Home selling profits continued to decline due to a decrease in the median nationwide home price, according to the latest data from ATTOM. ATTOM’s Home Sales Report for Q1 2024 saw profit margins on median-priced single-family home and condo sales decrease to 55.3%—the...
by | May 3, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
RE/MAX, a global power brokerage that has been voted to have the U.S. and Canada’s most trusted agents, posted another quarter of decline in revenue and agent count. This comes after four consecutive quarters of decline in 2023, and a commission settlement of $55...