Monthly Archives: November 2023

New data shows much of the US has entered the ‘renter’s market’

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The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks. Continue reading →

Here’s how to put the commission lawsuits in the rearview mirror

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The most critical issue for those not currently involved in the commission lawsuit litigation, writes trainer and author Bernice Ross, is how to proceed in light of the preliminary approval of the Anywhere and RE/MAX settlement agreements. Continue reading →

Once listed at $8M, Tulsa Frank Lloyd Wright home up for auction

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The 10,000-square-foot property will head to Sotheby’s Concierge Auctions, no reserve, starting on Nov. 30. One lucky bidder will emerge as winner come Dec. 14. Continue reading →

35% of Americans hope the housing market will crash in 2024

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Financial site LendingTree’s latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices. Continue reading →

Need an in-law suite? NYC will give you $395K to build a tiny home

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The pilot program, dubbed “Plus One ADU,” draws on a $2.6 million grant from New York State Homes and Community Renewal. As many as 15 eligible single-family homeowners will receive funds. Continue reading →

Georgia homesellers file yet another antitrust commission suit

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The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading →

How the Sitzer | Burnett decision hurts minority homebuyers

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According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case is not just about changes in agent commissions; it is about the broader implications for the accessibility of homeownership, esp… Continue reading →

Direct mailer Addressable abruptly closes with no forwarding address

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Direct mail marketing company Addressable has abruptly gone out of business, according to a website message at its domain, addressablemail.com. Continue reading →

These are the top new tech offerings for property managers

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Today’s multifamily residents want smart-living solutions more than they want covered parking or pools. Here’s what we’re watching. Continue reading →