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ERA Real Estate Publicizes 2023 Hall of Fame

USA Real Estate News-RISMedia - Tue, 2024-02-27 14:32

Above, from left, Peter Hunt, Pat Hirsch and Pat Williams ERA Real Estate has announced three inductions into the ERA® Hall of Fame Class of 2023. The induction ceremony took place recently at the ERA brand’s Fuel 2024 International Conference in Nashville, Tennessee.  Established in 2013, the ERA Hall of Fame honors affiliated individuals and…

The post ERA Real Estate Publicizes 2023 Hall of Fame appeared first on RISMedia.

ERA Real Estate Announces 2023 Hall of Fame

USA Real Estate News-RISMedia - Tue, 2024-02-27 14:32

Above, from left, Peter Hunt, Pat Hirsch and Pat Williams ERA Real Estate has announced three inductions into the ERA® Hall of Fame Class of 2023. The induction ceremony took place recently at the ERA brand’s Fuel 2024 International Conference in Nashville, Tennessee.  Established in 2013, the ERA Hall of Fame honors affiliated individuals and…

The post ERA Real Estate Announces 2023 Hall of Fame appeared first on RISMedia.

The Current MLS Landscape: Driving Progress and Innovation

USA Real Estate News-RISMedia - Tue, 2024-02-27 14:22

In the wake of the Burnett decision, copycat lawsuits are popping up across the country. There’s no denying that organized real estate is being challenged, but looking ahead, our motto is clear: Disruption only happens to the unprepared.  While the future of compensation hangs in the balance, being able to clearly and concisely communicate your…

The post The Current MLS Landscape: Driving Progress and Innovation appeared first on RISMedia.

COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims

USA Real Estate News-RISMedia - Tue, 2024-02-27 13:13

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission lawsuit settlement, the broader real estate industry is currently processing the increasingly stark prospect of…

The post COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims appeared first on RISMedia.

Rent is falling fastest in markets that added the most new supply

USA Real Estate News-Inman - Tue, 2024-02-27 12:32
Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows.

Home prices hit high in December as ‘solid, steady growth’ wins out

USA Real Estate News-Inman - Tue, 2024-02-27 12:02
Home prices rose 5.5 percent on an annual basis in December, up from 5 percent in November, according to dueling data points released Tuesday by S&P Global and the Federal Housing Finance Agency.

Case-Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase

USA Real Estate News-RISMedia - Tue, 2024-02-27 11:55

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in December, up from a 5% rise in the previous month. The data released Feb. 27 for December 2023 also shows that 17 out of the 20 major metro markets reported month-over-month price decreases. …

The post Case-Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase appeared first on RISMedia.

Big Brokerages Shift Gears in Latest Commission Suit Response

USA Real Estate News-RISMedia - Tue, 2024-02-27 11:23

On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against allegations of price-fixing and conspiracy in the wake of a $1.8 billion judgment last year.…

The post Big Brokerages Shift Gears in Latest Commission Suit Response appeared first on RISMedia.

Redfin in crosshairs as new lawsuit targets buyer-broker commissions

USA Real Estate News-Inman - Tue, 2024-02-27 11:13
California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court.

Offerpad Voices Optimism Despite Continuing Losses in Q4 2023

USA Real Estate News-RISMedia - Tue, 2024-02-27 11:10

In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down from $148.6 million in 2022. “We…

The post Offerpad Voices Optimism Despite Continuing Losses in Q4 2023 appeared first on RISMedia.

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