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Real Estate News

Home » Real Estate News
Attorneys Ask for $36.9M in Payment from Gibson Settlement Proceeds
Real Estate News

Attorneys Ask for $36.9M in Payment from Gibson Settlement Proceeds

Plaintiffs’ attorneys in the Gibson antitrust lawsuit have requested $36.9 million, one-third of the total settlement payout, to put toward legal fees for their efforts in securing settlements from nine brokerages.

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August 22, 2024
FOMC on Housing
Real Estate News

The Fed Was Wrong: Economy Weaker than Initially Reported

After a delayed release, a revision from the Bureau of Labor Statistics confirmed what many economists were expecting this week: the labor market is not as strong as previously thought.

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August 21, 2024
Real Estate News

Nykia Wright Named Permanent CEO of NAR Amid Industry Shifts

Today, the National Association of REALTORS® (NAR) has named Nykia Wright as its permanent CEO. Wright has served as Interim CEO since former CEO Bob Goldberg stepped down last November.

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August 19, 2024
Cassina Group vs. NAR
Real Estate News

Cassina Group Files—and Withdraws—Antitrust Lawsuit Against NAR and State Realtor Associations

On August 16, 2024, the Cassina Group, LLC, a real estate firm based in South Carolina, filed an antitrust class action lawsuit against NAR and seven state Realtor associations.

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August 19, 2024
Kamala-Harris-Calls-for-3-Million-New-Housing-Units-and-Up-to-25K-Down-Payment-Support-for-First-Time-Buyers-BAM-featured-image
Real Estate News

Kamala Harris Calls for 3 Million New Housing Units and Up to $25K Down Payment Support for First-Time Buyers

On Friday, August 16, 2024, Vice President Kamala Harris announced her plan to provide up to $25K in down payment assistance for first-time buyers who have paid their rent on time for two years.

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August 16, 2024
Real Brokerage Launches All-Access Agent Resources with New Buyer Playbook
Real Estate News

Real Brokerage Launches All-Access Agent Resources with New Buyer Playbook

Today, Real President Sharran Srivatsaa launches the Real Buyer Playbook, a comprehensive resource designed to help all real estate agents, regardless of brokerage affiliation, navigate NAR settlement changes going into effect this week.

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August 14, 2024
Redfin CEO Glenn Kelman Gets Metaphorical in a Q2 Earnings Call
Real Estate News

Redfin CEO Glenn Kelman Gets Metaphorical in a Q2 Earnings Call

A new TechCrunch headline is raising some eyebrows this week with a quote from Redfin CEO Glenn Kelman.  The infamous quote is taken from the Q&A segment of Redfin’s Second

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August 14, 2024
Michigan Real Estate Professionals File Antitrust Lawsuit Against NAR
Real Estate News

Michigan Real Estate Professionals File Antitrust Lawsuit Against NAR

Michigan real estate professionals have filed a class-action lawsuit against NAR, MAR, and local Realtor boards, alleging that mandatory memberships violate antitrust laws and harm their business by monopolizing MLS access.

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August 13, 2024
What-VIP-Candidate-and-Non-Homeowner-Tim-Walz-Has-Done-for-Affordable-Housing-BAM-featured-image
Real Estate News

What VP Candidate (and Non-Homeowner) Tim Walz Has Done for Affordable Housing

Tim Walz’s track record as Minnesota’s governor could boost Kamala Harris’s 2024 campaign, particularly through his record on affordable housing. But his progressive housing policies could also further alienate moderates

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August 11, 2024
Real-Estate-Wire-Fraud-How-One-Couple-Lost-Over-30K-BAM-featured-image
Real Estate News

Real Estate Wire Fraud: How One Couple Lost Over $30K to an Email Scam

A few days before closing, a Denver couple lost more $30,000 to a BEC (Business Email Compromise) scam targeting homebuyers. Learn what you can do to protect your buyers from wire fraud.

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August 10, 2024
Zillow Group Promotes Jeremy Wacksman to CEO
Real Estate News

Zillow Group’s New CEO: Jeremy Wacksman

On August 7, Zillow Group announced Jeremy Wacksman as its new CEO. Co-founder and former CEO Rich Barton will remain on the company’s Board of Directors.

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August 7, 2024
CFA-Consumer-Alert-on-New-Broker-Rules-Practices-BAM-featured-image
Real Estate News

CFA Urges Buyers and Sellers to Negotiate Commissions as Dollar Amounts

On Tuesday, August 6, 2024, the Consumer Federation of America (CFA) published a Consumer Alert with three recommendations to help buyers and sellers with the new Realtor rules and practices going into effect on August 17 due to the NAR settlement.

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August 7, 2024
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