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A federal judge yesterday affirmed class-action status for a suit targeting the National Association of REALTORS® (NAR) and several real estate companies, potentially opening up the antitrust case to a huge number of recent—and future—home sellers. In her 54-page ruling, Judge Andrea R. Wood of the Northern District of Illinois denied a motion by NAR…

The post $13.7 Billion Commission Lawsuit Certified as Class Action appeared first on RISMedia.

The recent six-month surge in active listings lost momentum, moderating to 59.9% year-over-year, and time on market shrank to 54 days, from January’s high of 74 days, as buyers eased back into the market in March, but higher mortgage rates could freeze them back out, according to a new report from Realtor.com.  Realtor.com’s Monthly Housing…

The post Spring Thaw Lures Buyers Back Into the Housing Market appeared first on RISMedia.

For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency, a 0.5 percentage point decrease compared with 3.3% last year and a 0.2 percentage point decrease compared with last month, according to a new report from CoreLogic.  According to CoreLogic’s monthly Loan Performance Insights Report, in January…

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The high cost of housing isn’t just relegated to homeowners, with renters feeling the sting of rising prices. In fact, more than 8 million (13.17%) adults live in a household not caught up on rent payments, according to a new report from LendingTree. LendingTree’s new report, based on U.S. Census Bureau Household Pulse Survey data,…

The post More Than 8 Million Adults Aren’t Caught Up On Rent appeared first on RISMedia.

When you buy a house for the first time, you will be asked by the lender how long you want the mortgage to last. In mortgage and real estate circles, this is the term of a mortgage. Most standard mortgages are either 15 or 30 years in length. However, many mortgage lenders have offered custom…

The post What is the Length of a Mortgage and How to Decide What’s Best appeared first on RISMedia.

@properties and Christie’s International Real Estate. The two co-owned real estate brands are planting their flag in the south-central Wisconsin market, partnering with leading independent Madison brokerage firm LeGrand Real Estate, which will rebrand as @properties elleven Christie’s International Real Estate.   @properties elleven Christie’s International Real Estate is led by mother-son team Melissa LeGrand and…

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