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HomeServices Targets New Trial Date; Keller Williams Charts Path Forward

USA Real Estate News-RISMedia - Tue, 2024-03-26 13:05

HomeServices, as the last remaining defendant still fighting the two oldest and most advanced commission lawsuits, will likely have an outsized say in the timing of a potential trial—and appears to have settled on a date. According to a filing in federal court on Monday, March 25, the company is aiming for a trial starting…

The post HomeServices Targets New Trial Date; Keller Williams Charts Path Forward appeared first on RISMedia.

The Agency opened 12 new offices in Q1 amid rush of global expansion

USA Real Estate News-Inman - Tue, 2024-03-26 12:01
The luxury brokerage's first-quarter activity has spanned the U.S., Canada, Mexico, the Caribbean, Spain, and most recently Edmonton, in Canada's Alberta province, the brokerage announced Tuesday.

‘NAR’s days are numbered’: Ben Belack of ‘Buying Beverly Hills’

USA Real Estate News-Inman - Tue, 2024-03-26 11:10
The Agency's Ben Belack shares his thoughts on NAR settlement news, the current industry landscape and the American Real Estate Association ahead of Season 2 of the popular Netflix real estate reality TV show.

Corcoran launches first franchise in Oregon, with emphasis on Portland

USA Real Estate News-Inman - Tue, 2024-03-26 11:00
Corcoran Prime is owned and led by Becky Jackson, and the franchise boasts approximately two dozen agents and staff with services across greater Portland, according to an announcement.

Consumer Confidence Sees Little Change in March

USA Real Estate News-RISMedia - Tue, 2024-03-26 10:47

Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana…

The post Consumer Confidence Sees Little Change in March appeared first on RISMedia.

Rent is now more affordable than buying in every major US market

USA Real Estate News-Inman - Tue, 2024-03-26 10:04
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000.

The Best Time to Sell Is Fast Approaching

USA Real Estate News-RISMedia - Tue, 2024-03-26 09:59

For those looking to sell their homes and maximize on profit, the time to do so may be just around the corner. In fact, according to realtor.com®’s annual “Best Time to Sell” report, the week of April 14-20 is shaping up to be the best time to sell and maximize ROI in 2024.  After looking…

The post The Best Time to Sell Is Fast Approaching appeared first on RISMedia.

Case-Shiller: Home Prices Continue to Trend Upward In January

USA Real Estate News-RISMedia - Tue, 2024-03-26 09:48

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6% annual gain in January, up from a 5.6% rise in the previous month. The data released March 26 shows that three out of the 20 major metro markets reported month-over-month price increases. The 10-City Composite showed…

The post Case-Shiller: Home Prices Continue to Trend Upward In January appeared first on RISMedia.

KW Profit-Sharing Cuts Violate Contracts, Former Agents Claim

USA Real Estate News-RISMedia - Tue, 2024-03-26 09:38

Three former Keller Williams agents are suing the company over a recent change to its profit-sharing program, claiming that recent changes to profit-sharing programs that reduce payments to certain agents violate contracts—and the law. Robert E. Hill, David L. Bueker and Jerri L. Moulder filed seemingly separate, class-action lawsuits in three different federal courts within…

The post KW Profit-Sharing Cuts Violate Contracts, Former Agents Claim appeared first on RISMedia.

US home price growth accelerates in January at fastest pace since ’22

USA Real Estate News-Inman - Tue, 2024-03-26 09:28
The S&P Core Logic Case-Schiller National Home Price Index tallied a 6 percent annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday.

Dave Liniger celebrates 50 years of RE/MAX in book ‘The Perfect 10’

USA Real Estate News-Inman - Tue, 2024-03-26 04:00
In his second book, "The Perfect 10," RE/MAX co-founder and Chairman Dave Liniger leans on 50 years at the brokerage's helm to offer keys for leading during moments of intense change.
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