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Morning Report

Buying And Selling A Home In California Set To Change

Keith Mizuguchi
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A black sign on a white post with the words "For Sale" written on it.
A for sale sign hangs in front of a home on Aug. 22, 2023, in San Mateo County.  (Liu Guanguan/China News Service/VCG via Getty Images)

Settlement To Lead To Changes In California’s Real Estate Market

The National Association of Realtors, one of the most powerful real estate groups in the country, announced on Friday it would settle a major class-action lawsuit that had accused the group of artificially inflating the commissions its agents make in home sales. The settlement is seen as a seismic shift in the real estate market.
Guest: Adhiti Bandlamudi, KQED

Home Insurers Could Base Rates On Predictions Of Future Catastrophes

In the wake of multiple massive wildfires, some property insurance companies have severely raised their rates, or withdrawn from California altogether. A new proposal would create a method of calculating rates aimed at both bringing back those companies and creating more affordable policies. 
Reporter: Alec Stutson, North State Public Radio

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