Lety  SyCip

Lety SyCip

REALTOR®

License #: CA DRE 01066644

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$1 Million Listings No Longer the Basis of Luxury

USA Real Estate News-RISMedia - Tue, 2025-09-30 13:37

Inflation and the rising cost of living have continuously impacted the real estate market. The latest Personal Consumption Expenditure (PCE) Index from the Bureau of Economic Analysis (BEA)—the Federal Reserve’s preferred gauge for inflation—shows that the PCE price index increased 0.3% in August, and increased to 2.7% year-over-year. While inflation remains elevated, it doesn’t overwhelm…

The post $1 Million Listings No Longer the Basis of Luxury appeared first on RISMedia.

The October Issue of Real Estate Magazine Is Now Live

USA Real Estate News-RISMedia - Tue, 2025-09-30 13:15

The October issue of RISMedia’s Real Estate magazine is now available, and not to be missed are several exclusive features, including an in-depth look at how United Real Estate and Fathom handled the commission changes of the industry, and how they continue to prepare for future success. In addition, we take a look at this…

The post The October Issue of Real Estate Magazine Is Now Live appeared first on RISMedia.

Report: Agents Weigh in on Sustainability in the Housing Market

USA Real Estate News-RISMedia - Tue, 2025-09-30 12:42

Sustainability becomes a more urgent conversation as the years go on, as technology advances and scientists spread warnings about the environment. Will the push for more sustainability in the world fold into a push for more sustainable homes in the housing market? The National Association of Realtors®’ (NAR) 2025 Realtors® Residential Sustainability Report surveyed the…

The post Report: Agents Weigh in on Sustainability in the Housing Market appeared first on RISMedia.

As Government Shutdown Looms, Mortgage, Real Estate Pros Brace for Potential Disruptions

USA Real Estate News-RISMedia - Tue, 2025-09-30 12:32

As Congress faces off in another government shutdown showdown, trade groups are warning real estate and mortgage professionals to prepare for potential disruptions to their clients’ closings. If lawmakers can’t agree on a resolution to fund the government by midnight on Wednesday, the government will shut down until a compromise is reached. President Donald Trump…

The post As Government Shutdown Looms, Mortgage, Real Estate Pros Brace for Potential Disruptions appeared first on RISMedia.

Home Prices Post Decade-Low Growth, Per Case-Shiller Index

USA Real Estate News-RISMedia - Tue, 2025-09-30 12:32

The housing market continued to cool in July, with home prices posting yet another weak annual increase, according to the latest S&P Cotality Case-Shiller National Home Price NSA Index released Tuesday. The July 2025 edition of the report indicated that home prices have increased 1.7% year-over-year, down from June’s 1.9% pace. The pace of home…

The post Home Prices Post Decade-Low Growth, Per Case-Shiller Index appeared first on RISMedia.

Consumer Confidence Weakens in September, Reflecting Rising Inflation Concerns

USA Real Estate News-RISMedia - Tue, 2025-09-30 11:54

The Conference Board Consumer Confidence Index revealed that consumer attitudes toward current and future economic conditions dropped by 3.6 points this September, from 94.2 points in August. The Present Situation index, which is based on consumers’ assessment of current business and labor market conditions, also fell by seven points this month, from 132.4 in August. …

The post Consumer Confidence Weakens in September, Reflecting Rising Inflation Concerns appeared first on RISMedia.

Court Report: Buyer Plaintiffs Put Numbers on Damages; Zillow Faces Discrimination Claims

USA Real Estate News-RISMedia - Tue, 2025-09-30 11:51

The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Gibson plaintiffs file for final approval in new settlement agreements  Plaintiffs have filed a motion for final approval of settlement agreements with six parties in Gibson v. National Association of Realtors et al, the largest…

The post Court Report: Buyer Plaintiffs Put Numbers on Damages; Zillow Faces Discrimination Claims appeared first on RISMedia.

NAR President: As Realtors, it’s critical to remember who we serve

USA Real Estate News-Inman - Tue, 2025-09-30 11:19
According to NAR President Kevin Sears, Realtors have a profound obligation and responsibility to put client interests ahead of our own.

Price growth continues to slow, but economists say that may be good news for the market

USA Real Estate News-Inman - Tue, 2025-09-30 11:05
The housing market is moving deeper into a rut, according to the S&P Cotality Case-Shiller July index. National home prices grew at one of the slowest rates in a decade, only tallying a 1.7 percent year-over-year growth. The 20-City and 10-City Composites performed marginally better, logging 1.8 percent and 2.3 percent annual growth, respectively.

Zillow bashes CoStar in request to transfer lawsuit

USA Real Estate News-Inman - Tue, 2025-09-30 09:29
Amid an ongoing legal battle over listing photos, Zillow alleged that CoStar was attempting "to weaponize copyright litigation for competitive pressure."

In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it

USA Real Estate News-Inman - Tue, 2025-09-30 08:01
In an "update" the Homes.com parent company released on Tuesday regarding its lawsuit against Zillow, CoStar Group accused its portal rival of starting to use an additional 4,600 CoStar Group-watermarked photos on its website since the lawsuit was filed in July.
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