Newt Heilman BrokerLicense #: NC License # 185533

Newt Heilman BrokerLicense #: NC License # 185533

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Agents storm TikTok with flood of complaints after NAR settlement

USA Real Estate News-Inman - Tue, 2024-03-19 12:33
Since Friday, real estate agents have been arguing on the video sharing platform that the recent commission suit settlement is likely to hurt both homebuyers and the agents who represent them.

Marc Andreessen lists Atherton mansion for $33.475M

USA Real Estate News-Inman - Tue, 2024-03-19 12:26
The Andreessens have owned the home since 2007 and conducted extensive renovations. The couple also recently purchased several properties in Malibu, suggesting a switching of allegiances to Southern California.

Burnett Attorneys Want $4.7 Billion Judgment Against HomeServices Following NAR Settlement

USA Real Estate News-RISMedia - Tue, 2024-03-19 11:10

With the addition of a $418 million payment by the National Association of REALTORS® (NAR) agreed to last week, the industry has now agreed to pay out a total of $626 million to settle commission lawsuits filed by recent homesellers, who successfully argued to a jury in October that commissions were illegally fixed by real…

The post Burnett Attorneys Want $4.7 Billion Judgment Against HomeServices Following NAR Settlement appeared first on RISMedia.

New-Home Construction Rebounds With Spring Buying Season Underway

USA Real Estate News-RISMedia - Tue, 2024-03-19 11:05

New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 million increase, according to data released March 19 by the Census Bureau and…

The post New-Home Construction Rebounds With Spring Buying Season Underway appeared first on RISMedia.

Housing starts leap in February as homebuilders become optimistic

USA Real Estate News-Inman - Tue, 2024-03-19 09:40
Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau.

NAR’s $418M settlement throws a wrench at the MLS. So now what?

USA Real Estate News-Inman - Tue, 2024-03-19 08:00
If the proposed settlement is approved, multiple listing services will be forced to nix the buyer commission field by July. Now is the time to prepare, writes author and trainer Bernice Ross.
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