top of page
Search
  • Metro East REIA

Home Sellers Can Sue as Class Action Against NAR & Brokerages, Federal Judge Says

In late March, a federal judge in in Northern Illinois said home sellers accusing the National Association of Realtors (and a group of real estate brokerages) of conspiring to inflate commission rates can move forward as a class action lawsuit. According to a report from Reuters, U.S. Judge Andrea Wood, of the Northern District of Illinois, granted class-action status to past home sellers seeking more than $13 billion in damages and creates a separate class of current and future sellers who want a court injunction that bars subsequent violations of U.S. antitrust law. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Rental information site Zumper recently released their latest monthly National Rent Report for November, 2023. According to their data, median rent for 1-bedroom apartments was $1,499 (down 0.4% from

The U.S. government is reporting that total construction spending in October, 2023 was at a seasonally adjusted annual rate of $2027.1 billion, which is 0.6% higher than September’s revised estimate a

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change for September, 2023. Their 10-City Composite increased 4.8% and their 20-City Composite increase

bottom of page