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Judges Deny Lawsuit Consolidation Effort, Leaving Commission Cases Scattered

USA Real Estate News-RISMedia - 6 hours 23 min ago

Citing the recent National Association of REALTORS® (NAR) settlement agreement, a panel of six judges today denied an attempt by plaintiffs in commission-focused class-action lawsuits to consolidate all the copycat cases under one judge, saying that the “procedural posture of the litigation” makes that effort inappropriate. “After settlement proceedings conclude, and it becomes evident how…

The post Judges Deny Lawsuit Consolidation Effort, Leaving Commission Cases Scattered appeared first on RISMedia.

Exploring the Shift Toward In-House Marketing Teams

USA Real Estate News-RISMedia - 7 hours 40 min ago

More national real estate franchises are beginning to take marketing measures into their own hands rather than using agencies for hire on a contract basis, RISMedia’s 2024 Agent & Broker Marketing Study found.  Drilling down further, the study also found that the average size of an in-house marketing team nearly doubled between 2022 and 2023…

The post Exploring the Shift Toward In-House Marketing Teams appeared first on RISMedia.

Consumer Sentiment Continues to Fall in April

USA Real Estate News-RISMedia - 8 hours 18 min ago

While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The dip, however, is not any cause for concern, according to experts. Consumer sentiment fell 1.9% in April, following a 0.5% decrease in March. These drops come after a strong start to 2024, with a 0.8%…

The post Consumer Sentiment Continues to Fall in April appeared first on RISMedia.

Global Spotlight: Luxury Island Living in the Maldives

USA Real Estate News-RISMedia - 8 hours 20 min ago

Destinations by LeadingRE, the new development marketing program powered by Leading Real Estate Companies of the World®, is pleased to have Soneva Villa Ownership in its collection of fine developments. This month, we explore what makes Soneva so extraordinary and highlight one of their luxury properties in the Maldives. Justin Kingsley Group Director Soneva Villa…

The post Global Spotlight: Luxury Island Living in the Maldives appeared first on RISMedia.

Mortgage Mix: Rates Inch Up; Consumers Adjust to Upward Movement

USA Real Estate News-RISMedia - 8 hours 32 min ago

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. According to the Primary Mortgage Market Survey® from Freddie Mac, last updated April 11, 2024, the 30-year mortgage rate sits at 6.88%, while the 15-year mortgage rate currently stands at 6.16%. These rates represent a…

The post Mortgage Mix: Rates Inch Up; Consumers Adjust to Upward Movement appeared first on RISMedia.

Stellar MLS Offers Enhanced Version of ‘Finding Homes’

USA Real Estate News-RISMedia - 8 hours 33 min ago

Stellar MLS has announced it is now offering an enhanced version of Lundy Inc.’s “Finding Homes” search by voice technology to customers and consumers seeking homes in the MLS’s coverage area. Finding Homes is a voice-activated property search engine designed to assist real estate professionals and homebuyers in navigating real estate listings using their voice…

The post Stellar MLS Offers Enhanced Version of ‘Finding Homes’ appeared first on RISMedia.

The Hottest Housing Markets of February 2024

USA Real Estate News-RISMedia - 8 hours 49 min ago

The Manchester-Nashua, New Hampshire metro area ranked as February’s hottest housing market for the sixth time in the last year, according to a new report from Realtor.com. Manchester-Nashua hit number 1 for the first time in March 2021 and has been a mainstay at the top of the list ever since. Realtor.com’s Market Hotness rankings…

The post The Hottest Housing Markets of February 2024 appeared first on RISMedia.

Shifts in Legal Landscape Appear to Revive Pocket Listing Lawsuit

USA Real Estate News-RISMedia - 9 hours 22 min ago

A lawsuit filed by a pocket listing startup targeting the National Association of REALTORS®’ (NAR) Clear Cooperation policy appears to be moving forward after other major developments shifted the legal landscape, with plaintiffs saying in a recent court filing that NAR’s commission lawsuit settlement and a recent appeals court ruling involving the Department of Justice…

The post Shifts in Legal Landscape Appear to Revive Pocket Listing Lawsuit appeared first on RISMedia.

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