The Lowdown on the Lawsuits with HousingWire’s James Kleimann

Top of Mind

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In this episode of the Top of Mind podcast, Mike Simonsen sits down with James Kleimann, Managing Editor of HousingWire, to talk about the landmark Sitzer Burnett case and its potential impact on the housing market.

James was in the courtroom during the trial and is one of the foremost experts on what’s happening now, and what’s to come.

Here’s a glimpse of what you’ll learn:

Overview of the Sitzer Burnett case and the verdict
How these lawsuits are bigger than the tobacco industry cases
Why the DOJ is now involved and what that means for the future of real estate
What happens to buyers’ agents
Which states are next and how much more money is being targeted
How this judgment could push control in the industry to institutional investors over individuals
How this judgment could push power to tech companies over brokers and MLSs
How soon big changes may hit the industry
What happens next? Are there implications for 2024?

Resources mentioned in this episode:

Featuring Mike Simonsen, President of Altos Research

A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.

About Altos Research

The Top of Mind Podcast is produced by Altos Research.

Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels.

Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.

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