Christian's Blog

In a significant legal battle, a U.S. jury has delivered a verdict against the National Association of Realtors (NAR) and several real estate companies, including subsidiaries of Warren Buffett's Berkshire Hathaway. The jury found these entities guilty of conspiring to artificially inflate commissions paid by home sellers to buyers' brokers. This landmark case, which took place in Kansas City, Missouri, has attracted widespread attention for challenging long-standing practices in the real estate industry. The verdict, which ordered $1.8 billion in damages, is set to have far-reaching consequences within the industry. The Jury's Decision: The jury, after a two-week trial, ruled that the NAR and several real estate companies must pay $1.78 billion in damages for their role in artificially inflating commissions. The lead lawyer for the plaintiffs, Michael Ketchmark, has stated that this award will be automatically tripled under U.S. antitrust law, bringing the total damages to...

  Christian Buitron Powered by Radius Agent Building Futures for Families and Investors New Home Listings New Condo Listings Investment Listings While some movie horror homes may give you chills, there's no need to fear real estate. Check out all your favorite movie horror homes for a spooky thrill,  click here . 👻 Stable Rentals, Rising Mortgage Affordability Dive into the housing scene where rents remain steady, but rising mortgages pose challenges for potential homebuyers. What's driving these trends? • Stable U.S. asking rents amidst increased supply and demand. • Challenging mortgage affordability, impacting prospective homebuyers. • Regional rental variations and West/South market stabilization. Data sourced from Rent.com and  Redfin.com , revealing market dynamics. 30-Year Fixed Rate Interest Rates are 7.79%!  -  Freddie Mac Is this the right time to buy a home? It's been 23 years since rates have been this high, yet there is an overwhelming demand fo...

Christian Buitron Powered by Radius Agent Building Futures for Families and Investors New Home Listings New Condo Listings Investment Listings Numerous home insurance companies have withdrawn from California, leading to rising costs for homeowners. If you're in need of a list of residential insurance providers in California, the California Department of Insurance has made one available. You can find it  here . Parallels between housing markets of today and early '80s Unlock intriguing insights into today's housing market! First American's Chief Economist, Mark Fleming, uncovers striking parallels with the '80s.  Click here  for the full scoop. Is this the right time to buy a home? Recently, the cost of borrowing money to buy a home went up because the Federal Reserve (the Fed) said they plan to keep interest rates higher for a longer time. This change in rates happened after the Fed's latest meeting, where they discussed their plans. Some officials from the Fed ...