Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR settles buyer lawsuits for $52.25 million The National Association of Realtors® (NAR) is settling buyer lawsuits for $52.25 million, opting into a copycat lawsuit in Illinois with what is being described as…
The National Association of Realtors® (NAR) is settling buyer lawsuits for $52.25 million, opting into a copycat lawsuit in Illinois in what is being described as a “broader” release for all NAR members, brokerages and MLSs. The settlement is meant to resolve claims by homebuyers over the same claims put forward in the Burnett case…
Forget the outdated notion that every homebuyer is tied to a 30-year mortgage. In fact, data from the National Association of Realtors® (NAR) shows that all-cash sales surged to 29% of the market by late 2025. A cash buyer is simply an individual or entity with the liquid assets to purchase a property outright, bypassing…
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During New Homes Month in April, the National Association of Home Builders has reported that the home building industry is responding to market conditions by constructing homes that balance price and meet modern home buyer needs. According to U.S. Census Bureau and National Association of Realtors® data, newly built homes are typically priced at or…
The National Association of Realtors® announces a new expertise-driven application process for its 2027 governance committees. The updated process is designed to better align member expertise with committee responsibilities and strengthen governance by helping ensure members are matched to roles based on experience. The 2027 committee application process begins with a new Expertise Profile, which…
The National Association of Realtors® (NAR) has announced the first phase of governance updates aimed at improving efficiency, modernizing its committee structure and better aligning with member needs and industry priorities—specifically, “sunsetting” a handful of committees, groups and forums. The changes follow member feedback and an internal review process, according to NAR, and are part…
A federal judge handed the National Association of Realtors (NAR) a major legal win today, throwing out a lawsuit by two brokers and an agent in Michigan, who had claimed that rules restricting MLS access violated federal and state antitrust laws. Douglas Hardy, Glenn Champion and Dylan Trent filed the lawsuit all the way back…
Per a filing with the Securities and Exchange Commission (SEC) and court documents, REMAX has reached a settlement agreement in the Batton commission lawsuit (the first and largest by homebuyers) and will pay $8.5 million to resolve claims that it implemented and enforced rules that harmed buyers. The news comes the day after Judge LaShonda…
Pending home sales saw a slight uptick in February, continuing an optimistic trend ahead of a long-awaited spring boom, according to the latest data from the National Association of Realtors® (NAR). However, this spring boom may now be delayed due to geopolitical tensions, economists warn. NAR’s Pending Home Sales report found that sales grew 1.8%…
The United States Senate today passed legislation now called the 21st Century ROAD to Housing Act, a comprehensive, bipartisan legislative package designed to increase housing supply and access. The bill will now have to be sent back to the House, where it must face reconciliation and another vote before going to President Donald Trump’s desk.…
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