KRS Realty LLC

License #: 481.012837

Phone:
618-223-1847
Contact Us

KRS Realty LLC

License #: 481.012837

Phone:
618-223-1847
Contact Us

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Case-Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase

USA Real Estate News-RISMedia - Tue, 2024-02-27 11:55

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in December, up from a 5% rise in the previous month. The data released Feb. 27 for December 2023 also shows that 17 out of the 20 major metro markets reported month-over-month price decreases. …

The post Case-Shiller: 5.5% Annual Home Price Gain in December, Following Similar November Increase appeared first on RISMedia.

Big Brokerages Shift Gears in Latest Commission Suit Response

USA Real Estate News-RISMedia - Tue, 2024-02-27 11:23

On Feb. 26 a handful of real estate giants, including Compass, Redfin, United Real Estate and Douglas Elliman responded for the first time to the oldest—and largest—Burnett copycat case, revealing how the industry has evolved in its legal strategies against allegations of price-fixing and conspiracy in the wake of a $1.8 billion judgment last year.…

The post Big Brokerages Shift Gears in Latest Commission Suit Response appeared first on RISMedia.

Redfin in crosshairs as new lawsuit targets buyer-broker commissions

USA Real Estate News-Inman - Tue, 2024-02-27 11:13
California resident Andrea Freedlund is suing on behalf of homesellers who paid a buyer agent in the four years before Redfin announced it was leaving NAR, according to a suit filed in federal court.

Offerpad Voices Optimism Despite Continuing Losses in Q4 2023

USA Real Estate News-RISMedia - Tue, 2024-02-27 11:10

In a Q4 2023 earnings call Feb. 26, iBuyer Offerpad put a positive spin on negative news of a $15.4 million loss, down 23% from Q3 2023 and 87% down from a year ago, when the company lost $121.1 million. Offerpad’s overall 2023 net loss totaled $117.2 million, down from $148.6 million in 2022. “We…

The post Offerpad Voices Optimism Despite Continuing Losses in Q4 2023 appeared first on RISMedia.

Rent Prices Consistently Declining, Drop to Start the New Year

USA Real Estate News-RISMedia - Tue, 2024-02-27 10:57

January saw median rents drop for the sixth straight month, with year-over-year prices down -0.3%, according to Realtor.com’s January 2024 Rental Report. Renters are experiencing much-needed relief, although prices are still 18.3% higher than pre-COVID. There is strong demand for rental units, and not nearly enough of them accessible in markets across the country. The…

The post Rent Prices Consistently Declining, Drop to Start the New Year appeared first on RISMedia.

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