Democratic lawmakers in the U.S. Congress are pushing initiatives to rein in the buying spree in residential real estate. Their aim is to prevent a repeat of the frenzy, drawing support from additional legislators to address the issue comprehensively. These efforts specifically focus on large owners of detached homes, be they corporations or individual investors, […]
Amid heightened speculation of an imminent interest rate cut, real estate stocks plunged in Wednesday’s volatile S&P 500 session. Thriving on eased interest rates, the sector now faces vulnerability to broader economic and market dynamics, introducing risks. Concerns heightened as traders adjusted their positions in anticipation of a rate cut at the Federal Reserve’s March […]
Home sales in Canada experienced a significant rebound in December, breaking a six-month downward trend. On Monday, the Canadian Real Estate Association reported an 8.7% rise in home transactions from the previous month. This marks the first positive movement since June. Prospect of Lower Borrowing Costs The prospect of lower borrowing costs encourages buyers, who […]
Wall St Jnl, Raleigh NC: Remax disassociate from NAR, while revealing the specifics of its resolution in the groundbreaking commission lawsuits, the franchisor stated that agents and brokerages “possess the autonomy to establish and/or haggle over commission rates as they deem appropriate.” Announcing the particulars of its settlement in the groundbreaking commission lawsuits, the franchisor […]