Lawyers who launched the original buyer lawsuits—making largely the same accusations as Burnett but claiming homebuyers suffered harm—will seek to block the National Association of Realtors® (NAR) from striking a deal in a copycat case, asking a federal judge to block that deal based on what they describe as a “reverse auction.” In a filing…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Hardy v. NAR: Brokers appeal MLS membership antitrust challenge Brokers Douglas Hardy, Glenn Champion and Dylan Tent filed an appeal to the Sixth Circuit after a federal judge dismissed their antitrust lawsuit challenging…
Less than a month ago, a federal judge handed the National Association of Realtors® (NAR) a major win; now that win will be reviewed by a higher court. Douglas Hardy, Glenn Champion and Dylan Tent are pressing forward with their antitrust challenge to NAR’s MLS policies, filing a Notice of Appeal just three weeks after…
The post Broker Plaintiffs Appeal MLS Membership Lawsuit Dismissal appeared first on RISMedia.
The National Association of Realtors® (NAR) has released its first quarterly update on the 2026–2028 Strategic Plan, highlighting progress made toward the plan’s initiatives. In the first quarter of implementation, the association stated that it initiated two-thirds of the plan’s projects, centered on affordable housing, the Realtor® brand, and broker relationships. “This plan was built…
The potential of a spring boom appears to still be on the table as pending home sales recorded another uptick in March, according to the latest data from the National Association of Realtors® (NAR). The future outlook, however, continues to be on shaky ground as the Iranian conflict persists. NAR’s Pending Home Sales report found…
The National Association of Realtors®’ (NAR) 2026 Generational Trends Report found that Gen Z—though still a fraction of the overall market—is “reshaping homeownership,” even as baby boomers remain overrepresented amid affordability challenges. Those challenges have also shrunk first-time buyer share to historically low levels. The report found that out of all buyers, only 21% were…
With geopolitical tensions still looming over the housing market (and the economy), the latest existing-home sales data from the National Association of Realtors® (NAR) did not paint a picture of a strong spring market ahead. However, despite sales lagging, inventory and affordability show definite year-over-year improvements, a possible bright light at the end of the…
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…
The post 4 Reasons You Need Cash Buyers in Your Network appeared first on RISMedia.
| Newer Posts | Older Posts |