Will the NAR settlement changes slow down home-buying?
It’s been one week since the NAR settlement changes went into effect. Did the changes affect any of the housing data we track every week? Since the buyer’s commission payout isn’t as transparent as before, I have been anticipating delays in the home-buying process as people adapted to the new rules.
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HUD reaches agreement with Texas county over alleged misuse of disaster buyout program
The U.S. Department of Housing and Urban Development (HUD) on Friday announced an agreement with Harris County, Texas, to settle allegations of discrimination based on race and national origin in its “design and operation of its Post Disaster Relocation and Buyout Program.” While the county is party
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Why new-home sales had such a big beat
The new home sales report had such a big beat today that many people had to double-check the numbers — and I get it. The estimates were for 623,000 but the sales came in at 739,000. This isn’t my first rodeo with new home sales data and I believe these numbers will be revised lower, but a beat is a
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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing
The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry. The DOJ filed a civil suit against RealPage on Friday, claiming that the company’s YieldStar and AI revenue management (AIRM) software allowed multifamily landlords to artificially infl
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