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COURT REPORT: Consolidation Effort Fails; Billion-Dollar Judgment Denied

USA Real Estate News-RISMedia - Mon, 2024-04-15 12:16

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judges deny lawsuit consolidation push Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of six judges denied an attempt by plaintiffs in commission-focused class-action lawsuits to consolidate all the…

The post COURT REPORT: Consolidation Effort Fails; Billion-Dollar Judgment Denied appeared first on RISMedia.

Ditch generic marketing: Convey your value with storytelling

USA Real Estate News-Inman - Mon, 2024-04-15 12:06
Forget the infographics, lists and pie charts, broker Teresa Boardman writes. Instead, tell a compelling story about how you've helped your clients.

West Coast tech hubs see home values skyrocket in spring market

USA Real Estate News-Inman - Mon, 2024-04-15 11:47
Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow.

Homebuilder Sentiment Flat in April as Buyers Are Hesitant

USA Real Estate News-RISMedia - Mon, 2024-04-15 11:31

After a strong start to the spring selling season, homebuilder sentiment flattened in April as buyers hesitate to step into the market due to continued unrest in the mortgage market and other affordability challenges. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) registered at 51 in April, the same reading seen…

The post Homebuilder Sentiment Flat in April as Buyers Are Hesitant appeared first on RISMedia.

Media mogul Barry Diller sets new record in $45M Miami Beach deal

USA Real Estate News-Inman - Mon, 2024-04-15 11:05
Diller's purchase of the 1.5-acre lot with 200 feet of waterfront marks a new price record for the exclusive North Bay Road. Previously, the storied Whitehall Mansion was located on the lot.

Canada easing mortgage terms for first-time new homebuyers

USA Real Estate News-Inman - Mon, 2024-04-15 09:20
Changes set to take effect Aug. 1 are part of an ambitious plan to boost housing construction by 2 million and help renters save up for a down payment.

Coldwell wins St. Louis agent Laura MacDonald back from Compass

USA Real Estate News-Inman - Mon, 2024-04-15 09:04
MacDonald is the latest agent to boomerang back from a previous brokerage amid intense competition. In 2023, while an agent at Compass, she closed approximately $20 million in sales volume.

Will lawsuits end 6% commissions? Probably not, 1 law professor says

USA Real Estate News-Inman - Mon, 2024-04-15 04:00
A provision in NAR's settlement barring listing agents from offering buyer agents compensation is "largely symbolic," USC professor Jordan Barry said Friday at a University of Minnesota conference.
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