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With the addition of a $418 million payment by the National Association of REALTORS® (NAR) agreed to last week, the industry has now agreed to pay out a total of $626 million to settle commission lawsuits filed by recent homesellers, who successfully argued to a jury in October that commissions were illegally fixed by real…

The post Burnett Attorneys Want $4.7 Billion Judgment Against HomeServices Following NAR Settlement appeared first on RISMedia.

New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 million increase, according to data released March 19 by the Census Bureau and…

The post New-Home Construction Rebounds With Spring Buying Season Underway appeared first on RISMedia.

Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau.

Home builders' confidence in USA rises in March 2024: NAHB  ETRealty

US new home construction surged last month, as mortgage rates stayed high  CNN

Octopus Real Estate funds development of new ...  PropertyEU

BofA's CEO says US commercial real estate will be 'slow burn'  The Edge Singapore

U.S. Commercial, Multifamily Mortgage Delinquency Rates Uptick in Q4  The World Property Journal

Alumrose secures Octopus loan for London student housing site purchase  IPE Real Assets

If the proposed settlement is approved, multiple listing services will be forced to nix the buyer commission field by July. Now is the time to prepare, writes author and trainer Bernice Ross.

Is London pricing itself out of the property market?  London Loves Business

Why Zillow is worried about America’s housing market shakeup  CNN

Where Is Kate Middleton Now? A Look at the Homes of the British Royal Family  ELLE Decor

Independent, tech-forward brokerage Radius Agent (Radius) has built an artificial intelligence assistant for its agents and staff, called Mel, designed to assist with compliance, marketing and business management.

Insider Stock Buying Reaches US$804.0k On KKR Real Estate Finance Trust  Yahoo Finance

Values Real Estate buys €44m German DHL portfolio  React News

Meta’s former London landlord set for $430 million payday after tech giant’s 9-figure ‘surrender fee’  Fortune

Real estate agent commission rules are about to change, shifting costs between buyers and sellers  Fortune

As the first day of spring arrives, three economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive U.S. home sales.

Family Behind Newtown Square's Apple Vacations Purchases 12th-Century Resort in Ireland  DELCO.Today