A $1.8 Billion Lawsuit That Might Change EVERYTHING in Real Estate – and October’s Real Estate Wrap Up for Niceville

This week, a groundbreaking lawsuit delivered a stunning verdict, awarding home sellers a massive $1.8 billion judgment. The lawsuit revealed collusion between the National Association of Realtors and various real estate brokerages, accusing them of illegal practices. The verdict forces these entities to compensate home sellers who claim they were charged exorbitant fees by real estate agents.

But before we delve into the legal battle, let’s first discuss the real estate landscape in Niceville and Valparaiso for October 2023.

Niceville to Install Speed Bumps in Deer Moss Creek Neighborhood

The City of Niceville will install two sets of speed bumps in the Deer Moss Creek neighborhood of Niceville, despite a protestation letter from the developer, Ruckel Properties. The letter was written in opposition to the potential road upgrade, according to Niceville Public Works Director Jonathon Laird.

Housing Affordability Threatens Public Safety in Okaloosa. Here’s Why:

The Latest, Greatest Threat to Public Safety in Okaloosa County It isn’t drug dealers, homicidal maniacs, roving biker gangs or mobs of angry high schoolers. It’s the price of housing. Homes and apartments in Niceville, Valparaiso and the rest of Okaloosa County are quickly becoming out of financial reach for local law enforcement. Basically, it […]

Mid Bay News

A drone view of the activity on Boggy Bayou before the annual fireworks festival put on every year by the cities of Niceville  and Valparaiso.