by | Dec 5, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Technically, the MLS industry was not on trial last October, as recent homesellers accused the National Association of REALTORS® (NAR) and big brokerages of conspiring to inflate commissions, winning a landmark ruling and a $1.8 billion judgment. Effectively, however,...
by | Dec 4, 2023 | 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. The last couple weeks were anything but quiet in the courtroom, with some major developments in several...
by | Dec 1, 2023 | Consumer, Industry News, Latest News, National, News, Premier |
The housing market has been teetering on the edge of a crash amidst a plethora of challenges, and consumers have begun to take notice on how much risk there is of a crash in 2024. In fact, 44% of Americans think the housing market is at risk of crashing in the next...
by | Dec 1, 2023 | Industry News, Latest News, National, News, Premier |
According to research by realtor.com®, down payments on homes in the U.S. reached a new peak in Q3 2023. The average down payment is 14.7%, and the median down payment amount is $30,000. As the report notes, down payments have increased alongside high mortgage rates...
by | Dec 1, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
On December 1, a Washington, D.C., federal appeals court heard oral arguments from lawyers from the Department of Justice (DOJ) and the National Association of REALTORS® (NAR) regarding a shuttered antitrust investigation ahead of a decision that could potentially...
by | Dec 1, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
If there’s one thing Burnett vs. the National Association of REALTORS® (NAR) proved over and above the verdict, it’s that federal class action lawsuits move at a glacial pace, taking years and years to go from the original filing of a case to the appeals conclusion....