Today, a Washington, D.C., federal appeals court heard oral arguments from lawyers from the Department of Justice (DOJ) and the National Association of REALTORS® (NAR) regarding a shuttered antitrust investigation ahead of a decision that could potentially have larger implications than any of the ongoing class action lawsuits. Over...
If there's one thing Burnett vs. the National Association of REALTORS® (NAR) proved over and above the verdict, it's that federal class action lawsuits move at a glacial pace, taking years and years to go from the original filing of a case to the appeals conclusion. Indeed, it's almost...
Editor's Note: The Mortgage Mix is RISMedia's weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. As Freddie Mac notes, mortgage rates have continued to decline for five consecutive weeks. While the 30-year fixed-rate mortgage rates sit at 7.22% as of Nov. 30, 2023 (down from ...read more
The January issue of RISMedia's Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at the five Latina powerhouse agents with Century 21 who are leading the charge for change in the industry. In addition, we take a look...
Photo Credit: Daniel Milstein for Sotheby's International Realty Property Highlights: Location: Greenwich, Connecticut Sold For: $138.83 million Features: 13,519-square-foot main house with eight bedrooms and eight bathrooms. Added Appeal: 75-foot heated pool and spa and pool house, grass tennis court, three-bedroom gatehouse, two-bedroom carriage house, two greenhouses, two private...
As a broker or sales manager, your entire future sales revenue depends upon creating valuable relationships with each of your sales associates. When your agents rely on you for more than making sure the lights work at the office or that admin tasks are getting done, they look to...
The process of going through a divorce is undeniably challenging, with numerous emotional, legal and financial considerations. Amidst the upheaval, whether to buy a home can add another layer of complexity to an already intricate situation. You will see the factors to consider when contemplating the purchase of a...
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations in them month to month. It is also the Federal Reserve's preferred measure of inflation. If you want a sense of what the Fed's board might do before their...
Above: CoStar Founder and CEO Andy Florance The glass booth, transparent except for looping letters spelling out “Homes.com,” sits at the back of what can best be described as a small settlement. Spread across several thousand square feet of the Anaheim Convention Center, the orange glow of the company's...
The 30-year fixed-rate mortgage (FRM) decreased for the fifth straight week, from last week's average of 7.29% to an average of 7.22% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week's numbers: 30-year fixed-rate mortgage averaged 7.22%, down from last...