Search Results from The Indiana Law Blog
Ind. Decisions - "Superior Court in Marion County, Indiana, finds that Indiana Real Estate Commission's ruling on attendance at closing probably 'invalid or illegal.'"
That is the heading from this press release issued by Mentor Listing Realty, Inc: Indianapolis, IN (PRWEB) October 23, 2009 -- In a stunning rejection of the Indiana Real Estate Commission's (IREC) campaign against discount real estate brokers, Judge Theodore...
Posted in The Indiana Law Blog on October 23, 2009 09:30 AM
Law - More on: "New appraisal rules raise many concerns"
"New appraisal rules raise many concerns" was the headline to a story by Nicole Blake of the Indianapolis Star, dated July 21st. Yesterday the New York Times and the Wall Street Journal both had major stories on the same topic....
Posted in The Indiana Law Blog on August 19, 2009 12:22 PM
Law - Homeowners beset from many directions
Stories today:"New appraisal rules raise many concerns" by Nicole Blake of the Indianapolis Star. The story begins:When Jake Stamper chose to refinance his four-bedroom home this year, he anticipated the Southside house would retain most of the value it had...
Posted in The Indiana Law Blog on July 21, 2009 10:01 AM
Ind. Law - New law would target loan predators
Bryan Corbin of the Evansville Courier & Press reported Sunday in a lengthy story that begins:After seeing families forced to move from their homes in recent months because of rising mortgage payments, the Indiana General Assembly attempted this year to...
Posted in The Indiana Law Blog on March 24, 2008 10:13 AM
Law - "Feeling Misled on Home Price, Buyers Are Suing Their Agent"
An interesting story reported by David Streitfeld in the Tuesday, Jan. 22nd NY Times. Are are some quotes:CARLSBAD, Calif. — Marty Ummel feels she paid too much for her house. So do millions of other people who bought at the...
Posted in The Indiana Law Blog on January 26, 2008 07:09 PM
Law - "Brokers welcome in Kentucky: Ruling opens state for real estate deals"
Here is a story the ILB missed last week -- the Louisville Courier Journal reported:In a sweeping ruling that frees up Kentucky real estate to the national market, U.S. District Judge Charles R. Simpson III has overturned a state law...
Posted in The Indiana Law Blog on September 12, 2007 03:19 PM
Ind. Law - Hoosier homeowners hit by perfect storm [Updated]
The property tax mess has many homeowners trying to sell their homes; they can no longer afford their ever-balloning tax bills. Some other homeowners are directly impacted by the sub-prime mortgage scandal, with their monthly payments suddenly taking enormous jumps....
Posted in The Indiana Law Blog on August 25, 2007 09:20 AM
Law - "A little-noted side effect of the property boom of the past decade has been the real-estate-enabled divorce"
That is a quote from a story today in the NY Times titled "Buy Low, Divorce High." More from the story:Home values might have slid in some markets, but in the New York City region, where prices remain high, divorce...
Posted in The Indiana Law Blog on August 12, 2007 11:10 AM
Ind. Law - "Woman didn't know rental house was murder scene" [Updated]
Dione Waugh of the Fort Wayne Journal Gazette has a story today about the new tenants of a house that had been the scene of multiple murders. Some quotes: Earneshia Mitchell first thought the long, one-story house with blue siding...
Posted in The Indiana Law Blog on July 2, 2007 03:34 PM
Law - FTC and Justice issue joint report on “Competition in the Real Estate Brokerage Industry" [Updated]
Recalling the ILB's series of entries in the late spring of 2006 (including this one from July 26, 2006), occasioned by the 2006 General Assembly's action in passing an anti- discount real estate brokers ("minimum services") law:The Federal Trade Commission...
Posted in The Indiana Law Blog on May 11, 2007 11:54 AM
Environment - "Farmland values surge as demand fueled by ethanol propels corn prices upward"
Indianapolis Star business writer Jeff Swiatek has a story today headlined "Seeing more green Farmland values surge as demand fueled by ethanol propels corn prices upward." The story tells how, because of the rising price of corn, the price of...
Posted in The Indiana Law Blog on March 25, 2007 09:04 AM
Ind. Law - Fighting foreclosures and mortgage fraud [Updated]
Today's Fort Wayne Journal Gazette has an editorial titled "Fighting foreclosures." Some quotes:Two bills advancing in the Indiana General Assembly would take common-sense steps to attack Indiana’s staggering problem of mortgage foreclosures. The House voted 96-2 to require builders to...
Posted in The Indiana Law Blog on March 7, 2007 09:10 AM
Ind. Decisions - Court of Appeals issues 2 today (and 9 NFP)
For publication opinions today (2): In Morris Windhorst v. State of Indiana, a 2-1 opinion, Judge Baker's partial dissent begins on p. 13:I agree with the majority’s determination that our legislature’s amendment of Indiana Code section 35-38-1-7.1 indicates an intention...
Posted in The Indiana Law Blog on December 22, 2006 11:54 PM
Law - FTC Charges Real Estate Groups with Anticompetitive Conduct in Limiting Consumers' Choice in Real Estate Services
The Federal Trade Commission today issued a release titled "FTC Charges Real Estate Groups with Anticompetitive Conduct in Limiting Consumers' Choice in Real Estate Services." Some quotes:The Federal Trade Commission today charged two real estate groups operating multiple listing services...
Posted in The Indiana Law Blog on October 12, 2006 04:25 PM
Law - " The Last Stand of the 6-Percenters? "
So reads the headline to this long story today by Damon Darlin of the NY Times. Some quotes:Redfin and other innovators, including ZipRealty and BuySideInc.com, are using technology to reduce costs and to save time for their brokers. Agents don’t...
Posted in The Indiana Law Blog on September 3, 2006 02:10 PM
Ind. Law - DOJ Antitrust Division testimony on competition in real estate brokerage services
Here is a link to testimony offered yesterday before a U.S. House SubCommittee, concerning competition in real estate brokerage services. Some quotes from the transcript:Mr. Chairman and Members of the Subcommittee, I am pleased to be here on behalf of...
Posted in The Indiana Law Blog on July 26, 2006 07:02 AM
Ind. Law - More today on real estate law change [Updated]
I've updated yesterday morning's ILB entry on WRTV's feature last evening on the General Assembly's anti-discount broker changes to the state real estate law. Access it here. Here is a headline from a story in Inside Business Today, headed "Indianapolis-based...
Posted in The Indiana Law Blog on July 22, 2006 07:52 AM
Law - FTC Targets Home-Listing Limits
The Wall Street Journal has another story today by James R. Hagerty on the real estate industry, this one headlined "FTC Targets Home-Listing Limits." (It is not freely available online at this point.) A few quotes:As part of a broader...
Posted in The Indiana Law Blog on July 14, 2006 03:46 PM
Ind. Law - A second Indiana newspaper reports on Indiana's new anti-discount real estate brokers law
The lastest issue of the Indianpolis Business Journal, out today, has a report by Tracy Donhardt, headlined "New law provides Realtors an edge: HomeYeah! packs up after low-cost brokers get service mandates." Some quotes from the lengthy story:A new state...
Posted in The Indiana Law Blog on July 8, 2006 01:55 PM
Law - More on real estate brokers vs. discount brokers and Indiana's new law
My bad. It wasn't until lunch today, as I was going through stacks of unopened newpapers (still in the little plastic delivery bags I use during dog walks) that I spotted a story in the June 17th issue of the...
Posted in The Indiana Law Blog on July 2, 2006 12:37 PM
Ind. Law - More on: Finally, a news story about Indiana's new anti-discount real estate brokers law
The unidentified staffer who runs The Indiana Real Estate News Blog has posted this entry using terms like "patently false" and "preposterous." Oh, and "poorly informed." A snippit:Following the publication of an article on HEA 1339 in the Louisville Courier-Journal...
Posted in The Indiana Law Blog on June 30, 2006 07:25 PM
Ind. Law - Finally, a news story about Indiana's new anti-discount real estate brokers law
Lesley Stedman Weidenbener writes today in the Louisville Courier Journal:INDIANAPOLIS — A new state law will require Indiana real estate agents to provide a list of services that may seem like the basics to those who've bought and sold a...
Posted in The Indiana Law Blog on June 25, 2006 07:40 AM
Law - The Changing Face of Real Estate Sales
The Wall Street Journal had two stories this week, on Wednesday and Thursday, on the changing face of real estate sales nation-wide. The two stories have been republished in the Pittsburgh Post-Gazette. "Google, Craigslist expand into real estate" is the...
Posted in The Indiana Law Blog on April 8, 2006 02:43 PM
Ind. Law - Still more on: Home sellers lose with this new law
Two recent ILB entries, from March 19 and March 22nd, discuss HEA 1339, the new Indiana law that seems to eliminate any right of Hoosier citizens to use discount real estate brokers. In the March 22nd entry, I promised in...
Posted in The Indiana Law Blog on March 24, 2006 09:56 AM
Ind. Law - More on: Home sellers lose with this new law
Here are several items updating this ILB entry from March 19th on HEA 1339, the new law that seems to eliminate any right of Hoosier citizens to use discount real estate brokers. First, I've taken a look at the introduced...
Posted in The Indiana Law Blog on March 22, 2006 05:15 PM
Ind. Law - Home sellers lose with this new law
"Home sellers lose with this new law" is the title to a featured letter-to-the-editor in today's Indianapolis Star. The letter is from Patrick Woodall, senior researcher for the Consumer Federation of America in Washington, D.C. Some quotes:At the urging of...
Posted in The Indiana Law Blog on March 19, 2006 07:49 AM
Law - Will doctors and lawyers be next?
NPR's Morning Edition had a story last Friday, March 3rd, about how "the Internet is putting pressure on the fees that [real estate] agents have become accustomed to." It speculated whether real estate agents would soon go the way of...
Posted in The Indiana Law Blog on March 6, 2006 12:35 PM
Environment - "Groups oppose timber sale"
The Louisville Courier Journal has an extended version of an AP story today on a plan for logging in the Hoosier Natinal Forest. Some quotes from the beginning of the story:BLOOMINGTON, Ind. -- Southern Indiana conservationists said they expect Indiana's...
Posted in The Indiana Law Blog on February 19, 2006 08:09 AM
Law - Justice Department says realtors did not go far enough
Yesterday the ILB quoted from a Washington Post story headlined "Realtors Back Away From Plan To Restrict Access to Listings." Today the Post reports:The Justice Department's antitrust division yesterday sued the National Association of Realtors, alleging that the powerful trade...
Posted in The Indiana Law Blog on September 9, 2005 07:55 AM