NAR
The National Association of Realtors just announced that the largest trade organization in the United States had reached an agreement that would end the troublesome litigation and claims brought by home sellers in the Sitzer/Burnett class-action suits. Should it be approved by the court, NAR’s agreement would resolve claims against the more than 1 million…
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The National Association of Realtors just released a report showing existing home sales sliding by 5.9 percent in July from the previous month. That’s the sixth month in a row of declining sales numbers. Statewide statistics reflect a cooling market, too, with closed sales down 16.1 percent for July according to recently released numbers from…
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By Mike AlbaneseSpecial Contributor Dallas led the nation with the most investment volume of any real estate market in Q1 2022, bringing in $12.6 billion — increasing 119 percent year-over-year — according to a capital markets report from Newmark. Dallas’ volume for institutional investors outpaced all the top international markets, including London, Shanghai, Beijing, and Paris. …
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Traditionally, real estate commissions work in a way that benefits all parties involved. In this scheme, home buyer commission fees are absorbed in the seller’s closing costs. However, last Friday, a federal court ruling threatening to rock the real estate world opened avenues for Missouri home sellers to sue buyer agents for commissions paid. The…
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The rumor mill doesn’t rest or respect social distancing, it seems, as it runs off the rails with whispers that Tesla may be landing its next factory in Texas. In fact, Austin is being eyed as a possible location for a Tesla factory as founder Elon Musk rages over California’s rather devastating lockdown orders. If…
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