Michigan agents and brokers sue NAR due to antitrust settlement

The plaintiffs protest “compulsory” Realtor membership to access the MLS after the removal of “the guaranteed broker commission” from the MLS. Continue reading

Sitzer | Burnett plaintiffs’ attorneys in talks with Department of Justice

Disrupting the National Association of Realtors’ use of multiple listing services as a “vehicle for higher commissions” is at the center of talks, lawyer Michael Ketchmark told Inman exclusively. Continue reading

Lumber prices finally drop and the stockpilers prepare to sell

After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading

Timber may soon follow lumber in upward price trend

Pandemic-fueled housing demand is finally beginning to catch up with years of oversupply in the timber industry that resulted from the 2008 financial crisis. Continue reading

‘Lumber truthers’ question veracity of shortage through social media

Despite lumber shortage data that’s been released for consecutive months by industry associations, including the National Association of Realtors and the National Association of Home Builders, lumber-shortage truthers have taken to social media to disp… Continue reading