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Real Estate, Land Use & Environmental Newsletter - October 2024  Mondaq News Alerts

Thirty-eight percent of early voters said housing affordability influenced their presidential vote. Harris voters (43 percent) were more likely to care about housing than Trump voters (29 percent), Redfin said.

Having slashed operating expenses by 40 percent from a year ago, the iBuyer has its sights set on boosting home purchases to 1,000 per quarter on lower cost structure.

Sinaloa clears way for US $300M in stalled real estate investment  Mexico News Daily

Garth Brooks Reveals He and Trisha Yearwood May Quit U.S. for Ireland After Selling Tennessee Mansion Amid Shock Rape Allegations  Realtor.com News

CoStar Group inked a deal with a longtime tenant of its new Arlington HQ, which leased 13 of the building's 31 floors. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ.

Tom Ford Buys £80 Million London Mansion in Year’s Top Deal  Bloomberg

Will Home Prices Drop? Expert Predictions for the 2024 and 2025 Housing Market  Business Insider

Scottsdale, Arizona-based brokerage will continue to operate under the My Home Group brand, with co-founders Jereme Kleven and Mark Hutchins staying on to oversee daily operations.

Above, Leo Pareja, CEO, eXp Realty In the aftermath of recent lawsuits, the next major legal battleground in real estate is going to be steering. It’s not a matter of if, but when.  During the litigation over cooperative compensation in MLSs, one of the central claims by plaintiffs’ attorneys was that real estate agents were…

The post Op-Ed: The Next Wave of Lawsuits Will Be About Steering—Mark My Words appeared first on RISMedia.

Why Nashville's real estate ranking dropped (and what's keeping us afloat)  The Business Journals

In partnership with Restb.ai, the 39,300-member MLS PIN will equip itself with new ways to work faster, better serve buyers and sellers, and push its own boundaries in data capture and accuracy.

Century 21 Real Estate LLC has announced it is continuing to fortify its presence in the Northern Houston suburbs with the latest affiliation of Lucky Money Real Estate in Spring, Texas.  The full-service firm was established in 2021 by current broker/owner Lisa Benoit, Century 21 stated in a release. Benoit has been able to leverage…

The post Century 21 Expands in Texas With North Houston Affiliation appeared first on RISMedia.

The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report.

The brokerage's efforts to build a powerful exclusive catalog of listings unifies many of its recent efforts — including now the debut of a multiphase marketing strategy.

Above, Jennifer Wauhob Jennifer Wauhob pulled up roots from her native Texas to travel because of her husband’s job. But as their family grew, she was happy to settle down in the Houston suburbs, where the former teacher, then a stay-at-home mom, began to consider her options. “I had always had an interest in real…

The post Family-Like Culture Revs Up Top Texas Team appeared first on RISMedia.

ATTOM Data’s third quarter 2024 U.S. Home Equity & Underwater Report showed that the West and Northeastern regions of the United States have the highest proportion of equity-rich mortgages. This dynamic showed strongest in Vermont, where 86.4% of homes were found to be equity-rich, or had a home value equal to at least twice the…

The post ATTOM Data Shows Coastal Regions Lead the Way for Equity-Rich Locales appeared first on RISMedia.

The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says  MSN

With uncertainty around the election and the National Association of REALTORS®’ (NAR) settlement already changing the industry, real estate continues to navigate a treacherous path through legal threats. This week, though, several large brokerages won a little more certainty as far as their immunity from legal threats as a federal judge approved their agreements with…

The post COURT REPORT: Judge Defends Copycat Settlement Ruling; NAR Responds to Broker Lawsuit appeared first on RISMedia.

Sell-off of prime London properties hits £400m in rush before UK budget  The National