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In the USA, the popularity of FSBO has been increasing since the late 1980s, with real estate website Zillow reporting a doubling of listings between 2012 and 2014 (up to 4%). ForSaleByOwner.com saw 24% growth in 2013, and StreetEasy reports that New York City FSBO listings increased by nearly 30% in that same period. [ 5 ]
In 2003, ForSaleByOwner.com challenged the California’s State Real Estate Licensing Laws in court as a violation of the First Amendment. On behalf of ForSaleByOwner.com, lead counsel Steve Simpson, from the non-profit "public interest" law firm the Institute for Justice, filed a federal lawsuit in Sacramento. In the lawsuit, For SaleByOwner ...
Pending home sales drop sharply in December as mortgage rates surge back over 7% Us Weekly 16 days ago O.J. Simpson’s Estate Sues His Son Justin Over House: Everything to Know
While the DOJ and FTC monitor and challenge real estate laws or changes to law perceived as anti-competitive in all States, this Press Release from April 2005 is an example of their effort: "The Department of Justice and the Federal Trade Commission (FTC) issued a joint letter urging the state-created Texas Real Estate Commission to reject a ...
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The Real Estate Bank of Arkansas was a bank in Arkansas during the 1830s through 1850s. Formed in 1836, the bank had a troubled history with accusations of waste and favoritism, as well as violations of the bank's legal charter. The bank suspended specie payments in 1839 to allow it to lend out more money.
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