News / Features

Another lawsuit regarding buyer commissions — this time, in Illinois

In the wake of the Sitzer/Burnett verdict, a new, similar lawsuit — this time on behalf of homebuyers — has been filed in the Northern District of Illinois, Eastern Division.

The Houston listing agents selling the most luxury homes

The agent with the most $1 million-plus listings was Laura Sweeney of COMPASS RE Texas, who accomplished a sales volume of over $71.8 million across 19 transactions.

A thriving niche in mortgage lending: The Certified Divorce Lending Professional

Certified Divorce Lending Professionals go through extensive training and continuing education to achieve and maintain their CDLP designation.

NAR names Nykia Wright interim CEO, replacing retiring Bob Goldberg

Nykia Wright has been named interim CEO for the National Association of Realtors® (NAR), effective Nov. 20.

Nearly one-third of homes for sale are new construction

New single-family home sales increased by 12.3% during September, the fastest pace since early 2022.

NAR, Keller Williams, HomeServices of America found liable of conspiring to inflate commissions

The National Association of REALTORS®, Keller Williams and HomeServices of America were found liable of conspiring to inflate commissions and ordered to pay damages totaling $1.78 billion, a jury in Missouri ruled Tuesday.

Likely increase in first-time Hispanic homebuyers

Around 70% of new homebuyers will be Hispanic by 2040, according to projections from the Urban Institute. Based on the 2020 Census data, Hispanics are the quickest growing demographic in the U.S. However, with rising interest rates and escalating home prices, affordability issues are appearing for young Hispanic homebuyers.

The 10 most expensive new listings in Texas

Agents from Moreland Properties are responsible for the most expensive and second-most expensive new listings in the state of Texas.

An 1800s castle, restored to modern glory

This Midwest castle, built in the late 1800s, stands as an authentic reproduction of a Richardsonian Romanesque Scottish castle.

New-home sales jump in September despite interest rates

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Corcoran adds new Houston franchisee

Corcoran is expanding its Houston presence with the launch of Corcoran Prestige Realty.

Jubilee becomes first Texas MPC to join WELL for Residential program

“By adopting evidence-based WELL strategies, builders in Jubilee are highlighting their commitment to help make a positive impact in the community,” said Jessica Cooper, chief product officer for IWBI.

A storybook castle nestled in private woods

The castle is listed by Richard Bassford, leader of The Bassford Team at RE/MAX Concepts Bettendorf, for $700,000.

Houston sees largest home price decrease in country

However, the average home sold in 38 days — a day faster than last year.

Builders and developers honored at 2023 Houston’s Best PRISM Awards

Among them: Mike Totten of The Mike & Mike Team Real Estate, who was named REALTOR® of the Year, and The Franklin Team at eXp Realty, named Team of the Year.

Short supply helps drive existing-home sales to 13-year low

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

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