Is it cheaper to rent a house in the countryside?
Summer is one of the busiest times of year in the rental market.
And demand for new rentals this year is now even higher than the same time last year.
Meanwhile,
Category: Realtor
Newcastle the worst city for rental affordability
In Newcastle tenants have the hardest time finding a property based on the average cost of renting, research by Zero deposit has revealed.
Just 9% of all current rental properties listed on the market in Newcastle have an asking price of £700 per month or less, close to the city’s current average rental cost of £681 per month.
It’s Sheffield where tenants have the best chance of securing a property around or below the average cost of renting in the city.
The current average cost of renting in Sheffield sits at £717 per month and the research shows that there
Hallelujah! Finally, Some Good News About The Real Estate Market
The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities. Defy the market and bet big on your future.
Each week on The Download, Inman’s Christy Murdock takes a deeper look at the top-read stories of the week to give you what you’ll need to meet Monday head-on. This week: You loved last week’s good news on mortgage rates, and this week brought even more smiles to the real estate market.
Y’all, it’s been a year.
Industry, consumers embrace use of AI in real estate
Local News
But with any technology, especially newer ones, there is the risk of inaccuracies and misinformation.
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It seems there’s daily chatter in the news lately around the meteoric rise in the use of artificial intelligence, ranging from the wow factor to doom and gloom. What does the machine-powered tech explosion mean to the home buyer and seller? Let’s take a look.
AI is not new to the real estate industry. It’s been a tool for well over a decade. In an industry driven by data, the technology streamlines the home search and
MV Realty banned from operating in North Carolina | State news
The state real estate commission made the decision this week and said the move showed its “commitment to public protection”.
RALEIGH, NC — Nearly 10 months after a real estate brokerage accused of tricking people into predatory and unfair long-term contracts was sued by the North Carolina Attorney General’s Office, the state’s real estate commission has permanently barred the group from ever operating in the Tar Heel State.
On Friday, WCNC Charlotte confirmed with the North Carolina Real Estate Commission moved to permanently prevent MV Realty from offering its services in the state. The commission offered the following statement when
Realtors must pay home sellers $1.8 billion in inflating commissions
The National Association of Realtors and several real estate companies were ordered to pay $1.8 billion in damages after a federal jury in Missouri on Tuesday ruled that they conspired to artificially inflate brokerage commissions.
Beyond the realtors’ association, defendants in the case include Keller Williams, Berkshire Hathaway’s HomeService of America and two of its subsidiaries. The verdict came after a two-week trial in federal court in Kansas City.
Plaintiffs claimed the association and other defendants colluded to drive up the commission that sellers pay to brokers representing home buyers. Class members include the sellers of hundreds of thousands of
How the $1.8 billion Realtors lawsuit could reshape Florida’s housing market
A landmark ruling against some of the most powerful players in the real estate industry could lead to major changes in how homes are bought and sold.
Last month, a federal jury in Missouri found that the National Association of Realtors and several large brokerages had conspired in a price fixing scheme that inflated the commissions agents earned from each sale.
So what does this mean for the Florida housing market? Here’s everything you need to know.
What was the lawsuit about?
The suit centers around the group’s rules for commission sharing.
In order to list a home on the
Real Estate Compensation Lawsuits Far From Over
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The National Association of REALTORS® says it will continue arguing its case against two class-action lawsuits challenging real estate compensation structures, even after one of NAR’s co-defendants reportedly agreed to a proposed settlement.
Anywhere Real Estate, formerly known as Realogy Holdings Corp., agreed to settle all claims against the company in the two cases, known as Sitzer/Burnett and Moehrl, according to news reports. Details of the settlement, which will require court approval, have not been released. No other parties named in the lawsuits, including NAR and several major real estate