Mortgage rates hovering around 6% — but now what?
Economists are divided over whether rates will continue to drop — and whether “the dam is going to break” and unleash a flood of buyers.
September 19, 2024
Real Estate News: The latest news for agents and other pros.
- Homebuyers share their biggest deal-breakersA home’s layout and natural light are important, but a new survey reveals what people refuse to give up — and how many of them can stick to their budgets.September 19, 2024
- Buyers value community — and agents who are connected to itA recent survey from Century 21 found that buyers rank community higher than the home itself, and they rely on their agents to provide local insights.September 18, 2024
- The Fed goes big with first rate cutThe board took an aggressive approach with its 50-basis point cut, and signaled that two more cuts are coming this year.September 18, 2024
- Construction activity on the reboundHousing starts and completions rose year-over-year, and builders expressed more confidence this month — but a significant housing shortfall remains.September 18, 2024
- It’s decision time for the Fed, but it may be coming too lateWhile a rate cut — which could further drive down mortgage rates — would help homebuyers, there are other headwinds at play in the final months of 2024.September 17, 2024
- Clear Cooperation: A lawsuit looms as the conversation continuesMauricio Umansky pledges a court fight against NAR, while Compass and Redfin CEOs take opposite sides on the policy.September 17, 2024
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- Sponsored ContentZillow: Insights, trends and best practicesSee the latest product and company news, plus tips for agents and brokers.
- Fathom settles commissions lawsuit for $2.95 millionThe cloud-based brokerage will pay three installments into the settlement fund over the next two years, pushing the fund total past the $1 billion mark.September 16, 2024
- Sponsored ContentRealtor.com PRO: Exclusive news, insights, and adviceDiscover the newest updates on our products and company, along with expert tips tailored for agents, team leads, and brokers.
Commissions in jeopardy
Following the Sitzer/Burnett verdict, lawsuits challenging long-standing commissions practices have cropped up across the country — some local, some national in scope.
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More News
- Attorneys want nearly a quarter billion of NAR, HSoA damagesUsing the “one-third” formula, the plaintiffs’ lawyers are asking for more than $225 million from the two commissions settlements, plus other expenses.September 16, 2024
- Involved in a cash sale? See if new rules affect youIn an effort to curb money laundering and other crimes, a federal agency has adopted rules for brokers and others involved in non-financed transactions.September 15, 2024
- Brokerage Beat: Former eXp execs launch new venture; movers in S. FloridaLeaders from eXp and two indie firms announce Realty of America; Compass loses Florida agents to The Agency and Elliman; Christie's, E&V, Corcoran expand.September 14, 2024
- Curbio to pay $7.5 million to settle lawsuitThe pre-sale renovation company, which got early support from NAR, also will change its marketing and be more transparent about its deals with agents.September 13, 2024
- Tech Bytes: News from Restb.ai, @properties, MetroList and LundyExpansion connects Restb.ai’s vision tools to nearly three-quarters of a million MLS members; productivity-focused Pipeline added to @properties “pl@tform.”September 13, 2024
- ‘Unfiltered’: ‘Smashing the system’ won’t benefit buyersWatch the conversation with Gary Acosta, CEO of NAHREP, as he offers a candid view of the NAR settlement, which he says gives sellers power — but at great cost.September 13, 2024
- Exclusive listings on the MLS? Here’s how Bright is doing itThe nation’s second-largest multiple listing service has been making it easier to enter the data (and keep it private). Is this the wave of the future?September 13, 2024
- NAR offers new advice for sellers on agent compensationWith industry rule changes now in effect, the National Association of Realtors has been doubling down on education and outreach to buyers and sellers.September 12, 2024
- Mortgage rates flirt with 6% — your move, FedThe downward trend hasn’t fired up buyers (yet), but predictions of more cuts this year could move rates closer to 5% and amp up the market next spring.September 12, 2024
- NAR discrimination suit now a federal caseAn amended complaint by a former project manager adds new claims and details to sexual harassment, discrimination and retaliation allegations.September 12, 2024
