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eXp Realty in $34 Million Settlement Over Commissions

eXp Realty in $34 Million Settlement Over Commissions

by Phil Hall | Oct 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced a $34 million settlement in the Hooper vs. the National Association of Realtors case. The settlement is the latest among the major brokerages who were sued over their business practices...
Study: One-Third of Younger Americans Rethinking Relocation After Helene

Study: One-Third of Younger Americans Rethinking Relocation After Helene

by Phil Hall | Oct 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

In the wake of Hurricane Helene’s devastating impact on the Southeast, a new survey from Redfin (NASDAQ: RDFN) found nearly one-third (32%) of Americans aged 18-34 said they are reconsidering where they want to move in the future after seeing or hearing about the...
Report: The Safest US City Is…

Report: The Safest US City Is…

by Phil Hall | Oct 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

WalletHub is back with another study – this time, it is 2024’s Safest Cities in America that highlights where people are at the lowest risk of physical and financial harm. South Burlington, Vermont, topped the list as the safest city of the year, an honor...
George Washington University Blames Endowment’s Decline on DC Real Estate Market

George Washington University Blames Endowment’s Decline on DC Real Estate Market

by Phil Hall | Oct 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The endowment for George Washington University was down by $200 million during the second quarter of this year, with Chief Financial Officer Bruno Fernandes blaming the decline on the value of the District of Columbia’s real estate market. The GW Hatchet reported...
Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History

Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History

by Phil Hall | Oct 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) filed a lawsuit against owners and managers of Suburban Heights Apartments, a residential rental property in the St. Louis suburb of Kinloch, Missouri, alleging that they discriminated against prospective Black tenants by banning...
Four Charged in Houston Real Estate Fraud Scheme

Four Charged in Houston Real Estate Fraud Scheme

by Phil Hall | Oct 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Four people have been charged by Houston police for conducting a rental housing fraud scheme involving identity theft. Click2Houston.com reported that Benjamin and Nazly Greene, Harold Doyle and Teresa Zuluaga were charged with engaging in organized criminal activity....
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