Tag: real estate
Realtors Group Ends Commission Model; Biggest ‘Jolt’ in 100 Years
(Tom Gantert, The Center Square) - The National Association of REALTORS announced Friday an agreement where it will end the 6% commission that is...
Existing Home Sales on Track for Worst Year Since at Least...
(Brett Rowland, The Center Square) Existing home sales are on track for a dismal year, likely dropping 18% and on course for the worst...
S.F. Democrat Blames Capitalism for Homelessness in His District
(Headline USA) San Francisco Supervisor Dean Preston claimed this week that homelessness in his district is “absolutely the result of capitalism” and insisted it would...
Mortgage Rates Climb to Highest Level in More Than 20 Years
(AP) The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for...
Analyst: Plummeting Office Building Values in Major U.S. Cities Could Get...
(The Center Square) The $800 billion drop in value of office buildings in major cities that remote work caused during the COVID-19 pandemic may...
Elevated Mortgage Rates Are Leading to Sharply Higher Monthly Payments Even...
(AP) Would-be homebuyers are willing to take on sharply higher mortgage payments, even as home prices have begun to pull back this year.
The median...
Housing Prices Are Falling as Reality Sinks In
(Doug French, Mises Institute) The local paper’s headline posed the question, “Do renters have the upper hand in Las Vegas right now?” “ offered us two...
Housing Slowdown Leads to First Annual Drop in US Homeowner Equity...
(AP) For the first time in more than a decade, the average U.S. homeowner with a mortgage has less home equity than they did...
States See Chinese Purchase of Farmland as a Threat to National...
(The Center Square) Several states have already banned or are considering banning foreign ownership of farmland from U.S. adversaries such as China, a trend...
Low-Income Tenants Lack Options as Old Mobile Home Parks Are Razed
(AP) Alondra Ruiz Vazquez and her husband were comfortable in Periwinkle Mobile Home Park for a decade, feeling lucky to own their mobile home...
