Today: 5. Jul, 2024
A landmark decision has been made by a U.S. judge in Missouri, approving $208 million in antitrust settlements with major real estate brokerages. This marks a significant development in the legal battle over alleged inflated home sales commissions. Landmark Decision: Settlements Approved…
Selling a home can be an unexpectedly expensive endeavor. According to a new report by Clever Real Estate, the typical cost to sell a house in 2024 is about $54,616. This figure has surprised many homeowners, with 42% of surveyed sellers noting…
Despite increased available homes, sales of previously owned homes declined in March. The National Association of Realtors (NAR) reported a 4.3% drop from February, marking a seasonally adjusted annualized rate of 4.19 million units. This decrease also represents a 3.7% fall compared…
The National Association of Realtors (NAR) has agreed to a $418 million settlement in a class-action antitrust lawsuit in a groundbreaking development that could reshape the American real estate market landscape. This lawsuit unearthed a conspiracy among several large real-estate brokerages and…
The U.S. housing market has kicked off the year positively with a 3.1% increase in sales of previously owned homes in January, reaching 4 million units on a seasonally adjusted annualized basis, as the National Association of Realtors (NAR) reported. Despite a…
In recent years, there has been a notable increase in homeownership among Black women, historically marginalized in the housing market. According to the 2023 Snapshot of Race and Home Buying in America report by the National Association of Realtors, Black women are…
As 2023 drew close, the United States housing market experienced its most significant downturn since 1995. The National Association of Realtors reported a notable slump in December home sales, reflecting a broader trend of market contraction. This decline culminated in a year…
In a surprising twist, November’s pending home sales remained steady, unaffected by the dramatic fluctuations in mortgage rates. This stability, as reported by the National Association of Realtors, comes amidst a landscape of high home prices and limited supply. With mortgage rates…
In a startling economic indicator, pending home sales have plummeted to their lowest level since record-keeping began in 2001, surpassing the declines seen during the financial crisis over a decade ago. The National Association of Realtors (NAR) reported a 1.5% drop in…
The average 30-year fixed mortgage rate in the United States has hit an astonishing 8% for the first time since 2000, leaving many potential homebuyers grappling with affordability. As Jessica Lautz, deputy chief economist and vice president of research at the National…
