Agent Commission UpdateEven if the new NAR commission rules introduced in 2024 didn't affect you, you may be wondering if the average agent commission has changed. A recent survey found that more than 50% of agents are now negotiating commissions with buyers and...
Agent Commission UpdateEven if the new NAR commission rules introduced in 2024 didn't affect you, you may be wondering if the average agent commission has changed. A recent survey found that more than 50% of agents are now negotiating commissions with buyers and...
Okay...How Bad Was 2024?The last few years have been a true roller coaster ride for residential real estate. According to recent NAR data, sales of existing homes during 2024 were at an even lower level than in 2023. Only 4.06 million homes sold last year, which added...
The Latest on Emergency Price ReliefEarlier this week, the White House released details of a memorandum that ordered agencies to "to deliver emergency price relief, consistent with applicable law, to the American people."While the Trump administration's goals of...
Annual Housing Sentiment on the RiseWhile Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased by 1.9 points in December 2024, the annual numbers are higher than late 2023 levels. One reason for this: some consumers are still expecting mortgage rates to decline...
Home Prices Continue to Cool Last July, rises in home prices finally began to slow down, which buyers considered a welcome change. This trend continued into fall 2024.According to the S&P CoreLogic Case-Shiller Home Price Index, home price growth continued to wane in...
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