Key Take-Aways: BOTTOM LINE We’ve now seen three consecutive months of inventory improvements and decreasing interest rates. These trends could provide the incentive that both buyers and sellers need to get into the market.
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Summary of the Lawsuit A major lawsuit against the National Association of Realtors® (NAR) and several big real estate companies has recently changed how real estate agents get paid. The lawsuit claimed that some practices around agent commissions were unfair. As a result, new rules that affect how agents are compensated when a home is […]
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BOTTOM LINE We’ve seen two consecutive months of inventory improvements, coupled with decreasing interest rates. This could provide the incentive that both buyers and sellers need to get into the market. While we might see a slight dip in the market in November due to the election cycle, there are positive signs that the market […]
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With the 2024 US Presidential election coming up, many people looking to buy or sell homes wonder how this event might impact the housing market. While elections can cause a lot of buzz and speculation, history shows that their effect on the housing market is usually small and temporary. Here’s a look at how past […]
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Federal Reserve Chair Jerome Powell mentioned that the Fed might consider lowering rates at the next Federal Open Market Committee (FOMC) meeting in September, but only if the economic data looks promising. Powell emphasized that the Fed is focused on balancing its dual goals, stating, “The committee generally believes the economy is getting closer to […]
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