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The housing market outsmarted the foreclosure crisis

Housing Wire

If a foreclosure is contested, Vanslette said it can take anywhere from one to two years for the loan to make its way through the legal system due to its likelihood of ending up in a nonjury trial. The post The housing market outsmarted the foreclosure crisis appeared first on HousingWire. Become a member today.

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The legal battle between REX Homes and NAR heats up?

Housing Wire

filed a motion on Thursday in federal district court in Seattle challenging the legality of the National Association of Realtors’ claims that REX pushes false advertising, which the trade group alleged in a countersuit filed late last month. The post The legal battle between REX Homes and NAR heats up? appeared first on HousingWire.

Legal 304
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3 ways Biden’s presidency could impact the housing market

Housing Wire

It’s no secret the housing market impacts the economy and vice versa. A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. President Biden’s been vocal about his plans to address today’s housing market inequalities.

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Completion data is positive news for housing market

Housing Wire

Housing permits are falling, since builders need to be more confident in building something. Cheaper housing is a terrible business model because the builders need to get paid. So, the housing permits story is done. The builders will finish what they are legally obligated to do. Except, we had one bit of good news.

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Fed advocates for change in the agent commission dispute

Housing Wire

housing market. Legal experts told HousingWire that it is rare to see the Fed offer an opinion about an ongoing legal debate, as it typically does not want viewed as an influence on court decisions. Because of this, the authors believe buyer agents are then able to “command commission above cost.”

Agents 355
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Anywhere Real Estate settles buyer broker commission lawsuits

Housing Wire

. “Our antitrust team looks forward to continuing to pursue additional relief against remaining defendants for those who have been systematically overcharged for simply selling their homes in an already unstable housing market.” The Sitzer/Burnett suit is slated to head to trial on October 16, 2023.

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Q2 AgentPulse survey: Low inventory is greatest challenge

Housing Wire

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

Inventory 366