January 8, 2025 - 09:58
A federal lawsuit targeting RealPage has broadened its scope to encompass several prominent property management firms, including Greystar Real Estate and Cushman & Wakefield. Oregon has joined nine other states in this legal action, highlighting growing concerns over the practices of these companies in the rental market.
The lawsuit alleges that the involved parties engaged in anti-competitive behavior, which may have contributed to rising rental prices and limited options for tenants. Critics argue that such practices undermine fair competition and harm renters, particularly in markets where affordable housing is already scarce.
As the case unfolds, the implications could be significant for the real estate industry and its regulatory landscape. Stakeholders are closely monitoring the developments, as the outcome may set a precedent for how property management companies operate in the future. The expansion of this lawsuit reflects a broader movement toward accountability in the housing sector.
June 22, 2025 - 17:57
Thinking of Leaving City Life? Explore These Charming Small TownsIf you`re contemplating a move away from the hustle and bustle of urban living, small towns offer a unique charm and sense of community that can enhance your quality of life. Recent evaluations by...
June 22, 2025 - 00:03
Easing Home Prices Indicate a More Accessible Housing MarketWith summer around the corner, easing median listing prices and growing inventory suggest that today`s market is more buyer-friendly than a year ago. Recent trends indicate that home prices are...
June 21, 2025 - 01:13
North Carolina Real Estate Office Resumes Operations Post-HurricanePremier Sotheby’s International Realty has successfully reopened its doors following extensive recovery efforts after a devastating hurricane impacted the area. Despite facing significant damage...
June 20, 2025 - 12:22
Hawaii's Real Estate Commission Rates Increase but Remain CompetitiveHawaii`s real estate agent commission rate has seen a rise to 5.22%, yet it continues to fall below the national average. This adjustment in commission rates reflects the evolving dynamics of the...