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- Lubbock, Texas is currently the easiest housing market for homebuyers according to Realtor.com
Lubbock, Texas is currently the easiest housing market for homebuyers according to Realtor.com
Plus: Sitzer creates a real estate startup after beating NAR
👷 Good morning! We hope you had a fantastic Labor Day and enjoyed some well-deserved relaxation. Welcome back!
Today's newsletter is 644 words — a 2.5-minute read.
1. NAR seeks Supreme Court input to stop DOJ’s relaunched probe
In a court filing on Thursday, the National Association of Realtors (NAR) said it will appeal the D.C. Circuit Court of Appeals ruling that the Department of Justice (DOJ) could reopen its investigation into the trade group.
The decision to appeal to the Supreme Court comes after the Appeals Court denied NAR’s request for a rehearing in July.
NAR intends to file a formal request to the Supreme Court by October 10, 2024. LINK
2. Sitzer has just created a real estate startup, after beating NAR
Josh Sitzer, who successfully sued the National Association of Realtors (NAR) over real estate commission practices, has co-founded a startup named Landian.
The website, which claims it is not a brokerage, allows homebuyers to select services from real estate agents and pay for them a la carte ‘according to the menu’.
The startup allows users to import listings from any real estate site and engage with local agents without incurring commission fees.
A MESSAGE FROM DAVE YOUR MORTGAGE GUY
Unlock the benefits of a VA loan as a surviving spouse
Did you know a surviving spouse can use a VA loan? They can, and in my YouTube video, I break down everything you need to know to take advantage of this valuable benefit.
In this video, you'll learn:
The key eligibility criteria for surviving spouses.
How to navigate the rules if you've remarried.
Potential real estate tax savings available in certain states, including Texas.
Don't miss this video for when you encounter this situation!
If you have any questions, call me at 832-689-6012.
3. Catch up quick
⚖️ Texas Attorney General suing Dallas over State Fair of Texas gun ban. (CBS)
🏐 Texas volleyball star Madisen Skinner signs first-ever NIL deal with H-E-B.
🤖 A Bryan mother traumatized by an AI scam mimicking her daughter's voice. (KBTX)
⚡️ CenterPoint offers to forgo $110 million in profits and spend $5 billion on grid improvements. (HPM)
🫡 Fun read: Fallen Dallas police, and firefighters to be memorialized with tributes atop street signs. (DallasExpress)
4. A North Texas Representative proposes delaying school start dates to help the Texas grid
Republican state Representative Jared Patterson says he will introduce a bill next session that will delay the start of school until September after Labor Day to help reduce stress on the power grid.
We cool down some of the largest buildings in most communities across the state of Texas during the hottest month of the year, which costs more money, puts more of a strain on the grid, and in addition to that, you’ve got kids playing on playground equipment that’s too hot to touch. You’ve got football players and band members practicing in excruciating heat
This comes days after the Electric Reliability Council of Texas (ERCOT) reported record-high demand and thousands of Austin Energy customers experiencing power outages amid excessive heat. LINK
5. Lubbock, Texas is currently the easiest housing market for homebuyers according to Realtor.com
Realtor.com released its report on the easiest housing markets for homebuyers and Lubbock, Texas was the easiest in the nation.
To rank the metro areas, Realtor.com looked at the following metrics:
Year-over-year shift in median list price
Year-over-year shift in the share of listings that saw price reduction
Year-over-year shift in active listing count
Median days on the market
Change in active listings levels between July 2019 and July 2024
10 easiest housing markets for homebuyers
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