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Real estate brokerage Compass has agreed to pay $57.5 million to settle claims it conspired to overcharge US home sellers by billions of dollars.
Besides new post-trial maneuvering in the Burnett case, there have been some significant shifts in legal strategy by plaintiffs.
Defendants in the Burnett case are asking a judge to throw out the verdict based on factual and legal errors.
The Federal Reserve is projecting as many as three interest rate cuts next year. That could help lower mortgage rates, which have been at a two-decade high this year, and help improve the affordability of buying a home. But a landmark jury decision could also change the costs of buying and selling a home and its overall price tag. Economics correspondent Paul Solman reports from Missouri.
With three new cases filed and some interesting developments in another suit, the legal wheels keep turning for real estate.