Roger Alford’s time at the Department of Justice (DOJ) may have been brief — much to the relief of the real estate industry — but that doesn’t mean he doesn’t have thoughts on his time there. Alford, a law professor at Notre Dame who served as an expert witness testifying against the real estate industry […]
Former DOJ official blames lobbyist for weaker antitrust scrutiny Read More »
Existing home sales in July exceeded monthly estimates and demonstrated year-over-year growth. However, it’s important to remember that we started from a low baseline for sales in 2024, so this year-over-year growth needs to be viewed in context. For those who have been following our weekly tracker, we’ve noted that year-over-year data should turn positive
Existing home sales surprise with positive growth in July Read More »
A broker in Florida is suing the National Association of Realtors (NAR), along with state and local associations and MLSs, for alleged antitrust violations and steering homebuyers into using buyer’s agents. Filed late last week by Jorge A. Zea in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division, the
NAR faces new antitrust suit over alleged steering Read More »
The National Association of Realtors (NAR) must face yet another appeal of a suit it was dismissed from earlier this summer. On Monday, plaintiff Luz de Amor Eytalis filed an appeal of the dismissal of her lawsuit against NAR, Paragon MLS Connect, Wichita Falls Association of Realtors and Texas Association of Realtors. The lawsuit, which
NAR faces appeal of Eytalis antitrust suit Read More »
As the one-year anniversary of the implementation of the business practice changes stemming from the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement approaches, Redfin is reporting that buyer agent commissions are higher than they were a year ago. According to Redfin’s analysis published Tuesday, during the second quarter of 2025, the average
Redfin: A year after the NAR settlement, agent commissions are up Read More »
The headlines were predicting massive declines in real estate agent commissions — some even expected home prices to fall as a result, but a year after the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement went into effect the data is painting a different picture. Prior to September 30, 2024, a little over
The big question: Have agent commissions changed since the settlement? Read More »
The National Association of Realtors (NAR) may have been dismissed from three antitrust suits this summer, but it appears the plaintiffs in at least one of them aren’t quite ready to give up their fight. Plaintiff Homie Technologies filed a notice of appeal on Thursday, notifying the U.S. District Court in Utah that it was
Homie appeals dismissal of antitrust suit against NAR Read More »
Nearly a year has passed since the National Association of Realtors’ (NAR) commission lawsuit settlement agreement business practice changes went into effect and the doomsday predictions have yet to pan out. Homebuyers and sellers are still hiring real estate agents to help them with their real estate transactions and real estate agents are still getting
Agents are still being compensated, but how they are is evolving Read More »
The American dream of homeownership has been a way to build wealth for decades as people pay down their debt while their homes appreciate in value. The result is a nice home equity nest egg — especially for seniors who have owned homes for many years. But an outdated tax law could claw back much of
Outdated tax law could cost senior homeowners looking to sell Read More »
Compass and Northwest MLS (NWMLS) are continuing their war of words. Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the two parties have traded barbs via legal filings. In NWMLS’s
NWMLS says it has ‘no duty to deal’ with Compass Read More »