Home sales during April were up 11.2% from March and up 9% from one year earlier, according to new data from RE/MAX (NYSE:RMAX). The new data reverses the trend of the last two years when April recorded year-over-year sales declines – an 11.2% drop in 2022 and a 29.5%...
An Illinois judge rejected a last-minute effort by plaintiffs in the Batton 1 lawsuit to halt the final court approval of settlements by three major brokerages in the Sitzer/Burnett case. The Batton 1 plaintiff sought to block the settlement agreements by Anywhere,...
The proposed settlements involving three major real estate brokerages accused of improper commission practices in the Sitzer/Burnett lawsuit are facing a challenge from plaintiffs in another lawsuit. The plaintiffs in the Batton 1 lawsuit filed a motion for a...
Home sales in March increased 21.6% over February, according to new data from RE/MAX LLC, which attributed this spike to a 20.9% increase in new listings that resulted in a 7.7% expansion in inventory. “As we move into what is normally the prime homebuying...
Home sales in February recorded a 17% upswing from January and a 2.3% uptick from one year earlier, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). “The February jump in sales activity illustrates the strength of demand in...