Inflation rose slightly in September, according to a U.S. Bureau of Economic Analysis report released October 31. The Personal Consumption Expenditures (PCE) price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.3%. Real DPI increased 0.1% in September and real PCE increased 0.4%; goods increased 0.7% and services increased 0.2%. Personal…

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Carlson: The U.S. election — vastly different outcomes for the real estate industry, depending on who wins the White House  Daily Independent

This week—specifically this past Tuesday—was the deadline for anyone to enter a formal objection to the National Association of REALTORS®’ (NAR) settlement agreement, struck with class-action seller plaintiffs back in March. While about half a dozen parties came forward, including plaintiffs behind other commission-focused lawsuits and a law professor who has written critical analyses of…

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Is a real estate negotiation on a haunted home doomed from the start? Not necessarily, but concessions may be part of the process, according to Clever-affiliated researcher Real Estate Witch. In the never-ending quest for a smart buy, 54% of Americans claim they would dare to buy a haunted house. That number ballooned to 72%…

The post ‘Haunted’ Homes a Target for Lowball Offers, WIth Sellers Unlikely to Disclose appeared first on RISMedia.

Pennsylvania judge Paula Patrick ruled against Keller Williams BlackLabel and in favor of Serhant, whose eponymously named brokerage expanded into Philadelphia's luxury market in 2023.

A federal judge today gave a final stamp of approval to settlement agreements struck by nine large brokerages, confirming immunity from seller-filed commission lawsuits despite objections from some other plaintiffs. Judge Stephen R. Bough of the Western District of Missouri oversaw a final “fairness hearing” for the agreements struck by Compass, The Real Brokerage, Realty…

The post BREAKING: Judge Approves Copycat Settlements for Nine Brokerages appeared first on RISMedia.

In a court ruling October 28, California District Judge George H. Wu partially granted CoStar Group’s motion to dismiss claims in the lawsuit filed by Move, Inc., the parent company of rival Realtor.com®, throwing out (at least for now) two accusations related to computer crimes. Wu granted Move “leave to amend,” setting a deadline of…

The post Judge Dismisses Two Claims Against CoStar in Realtor.com ‘Data-Theft’ Case appeared first on RISMedia.

As a lifelong fan of dinosaurs, especially the mighty T-Rex, I thought it would be fun to share some fascinating facts about these incredible creatures. What’s more, there’s a surprising number of lessons we, as modern humans—and leaders—can take from these ancient rulers of the Earth. The era of dinosaurs: 165 million years of dominance…

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Average rate on a 30-year mortgage in the US rises for fifth straight week  wcia.com

International investment trends: Why luxury real estate remains attractive for British investors in Europe  London Loves Business

International investment trends: Why luxury real estate remains attractive for British investors in Europe  London Loves Business

Onward BOLD gives Keller Williams agents access to lead generation resources, among many other things. The program is relaunching amid a period of upheaval for the real estate industry.

Housing industry Budget reaction: London renters and first-time buyers facing woe  Evening Standard

As a REALTOR®, it is known that there are different strategies for different market conditions. Homesellers these days face challenges in the current market they may not have just a few years ago. Here are four strategies to suggest they employ to get client properties sold quickly and for the prices they desire. Have a…

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Realty ONE Group International has announced the company is opening business in Uruguay, the 22nd country to join the global franchise.  Eugenia Aiello, who has 26 year’s experience as an independent broker, became the international regional owner of Realty ONE Group Argentina last year and is now partnering with fellow industry veteran Hernan Bach to…

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As she reflects on the historic decision and the current state of the industry, broker Cara Ameer offers thoughts on how far we've come and where we still need to go.

Reaching a three-month high and their fifth-consecutive week of increases, the average 30-year fixed rate mortgage climbed to 6.72%, up from last week’s average of 6.54%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac, released Thursday. “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning…

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Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday.

Commissions have been slowly declining over the past decade, but since the NAR settlement terms went into effect this summer, buyer's agent commissions have seen little impact.

The LA Dodgers may have claimed the crown for the 2024 World Series title, but Inman readers must still cast their vote to determine the victor of the inaugural World Series of Luxury.