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Fathom Settles Commission Suits, Will Pay $2.95M Over Two Years
Fathom Realty is the latest brokerage to strike a settlement in the seller-filed commission lawsuits, agreeing to pay $2.95 million over the next two years, according to an SEC filing as the company seeks to ensure “our agents continue to have the opportunity to excel in their service to clients.” “Fathom Realty was founded on…
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RE/MAX Key Properties Merges with West + Main Homes Oregon
RE/MAX Key Properties has announced a merger with West + Main Homes Oregon. Now operating jointly under the Key Properties brand, the brokerage stated that this merger signifies a shared vision to provide high quality service, resources and expertise to buyers, sellers and investors in Central Oregon. Ryan Buccola—broker/owner of RE/MAX Key Properties—and Greg Fischer—former…
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Home Price Growth Sees No Monthly Change for the First Time in a Decade
Home prices have continued to slow their annual appreciation, however their monthly appreciation appears to have come to a halt, according to the latest data from CoreLogic. CoreLogic’s latest Home Price Index found that July’s home price data was the 150th consecutive month of annual growth, however the rate continues to cool as it has…
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Legal Scholar Provides DOJ With Contracts Expertise as It Moves Forward in NAR Decision
University at Buffalo School of Law professor Tanya Monestier, in an exclusive, lengthy and wide-ranging interview with RISMedia, explained that she has had some contact with the Department of Justice (DOJ) concerning potential workarounds to the NAR settlement, though she stressed she has no idea whether or not what she provided was helpful. The DOJ…
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Rental Markets Cool—but Not to Pre-Pandemic Levels
“The rent is too damn high,” famously proclaimed New York City perennial candidate Jimmy McMillan. The latest analysis from Harvard University’s State of the Nation’s Housing 2024 report suggests those who share McMillan’s views are unlikely to change their tune. The report, tracking data up to Q2 2024, includes three major takeaways when it comes…
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Fathom Realty agrees to pay $2.95M to settle commission suit
Homebuilder Confidence Breaks Streak, Sees Increase
The decline of mortgage rates to their lowest level in 19 months has instilled new confidence in homebuilders in September, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing Market Index (HMI) for September registered at 41, up two points from its August reading, which was the lowest level…
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