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Current Trends Buyer Agency fees after Burnett (Burnett’s March Through Georgia) On Tuesday October 31 2023, a jury in the US District Court in the Western District of Missouri handed down a verdict against the National Association of Realtors and several large brokerages (Burnett et al v. National Association of Realtors et al).  According to media reports, the jury found the defendants liable for violating antitrust […]
Current Trends Am I paying too much? I have been asked the question many times over the last couple of years – “Am I paying more than this house is worth?”   According to First Multiple Listing Service (FMLS), across the Greater Atlanta area, the median sales price in January of 2020 was $262,000.  In June of 2022, it reached $432,055.  Then […]
Current Trends Housing Questions Last week, representatives of the National Association of REALTORS®, Mortgage Bankers Association, National Association of Home Builders, National Multi-Housing Council and National Fair Housing Alliance met with White House policy advisors to discuss the crisis.  The nation is 5.5 million homes short of the number needed for our current population. The problem is manifestly clear.  […]
Current Trends Real Estate, by the numbers – Where do we stand? Get ready – I am about to throw around some numbers.  But don’t worry, the story that goes with the numbers is one you will want to hear. The real estate market has been crazy lately.  Historically low interest rates have lured enormous numbers of buyers into the hunt for an inadequate number of homes […]
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