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Attorneys request $226M from NAR and HomeServices deals

USA Real Estate News-Inman - Tue, 2024-09-17 18:55
Law professor estimates the plaintiffs' law firms are asking for only 3 percent of the total value of the deals when 'historic' business practice changes are taken into account.

Umansky threatens to sue NAR as pocket listing pressure mounts

USA Real Estate News-Inman - Tue, 2024-09-17 17:27
The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation.

Oregon real estate brokerages merge under RE/MAX banner

USA Real Estate News-Inman - Tue, 2024-09-17 16:26
Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents.

Michael Jordan’s Northern Chicago mansion scores potential buyer

USA Real Estate News-Inman - Tue, 2024-09-17 15:44
After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million.

Pennymac joins Rocket in boosting conforming loan limit to $802,650

USA Real Estate News-Inman - Tue, 2024-09-17 14:33
Lenders have gotten into the habit of helping some homebuyers avoid jumbo loans by raising their limits before an official announcement by Fannie Mae and Freddie Mac's federal regulator.
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