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NAR’s Lawrence Yun Predicts US Home Prices Won’t Experience Major Decline, Could Possibly Rise Slightly in 2023 if Mortgage Rates Remain at 7%
Yun Predicts US Home Prices Won’t See Major Decline Inflation, elevated mortgage rates, and limited housing inventory will prevent large home price drops for most of the U.S. in 2023. Media Contact: Troy Green 202-383-1042 Residential Real Estate
U.S. District Court Deals a Blow to NAR and Major Franchisors in MLS Policy Suit
A legal conflict with potentially disastrous implications for the real estate industry has come to a head, pushing leaders across the industry to take swift action. The National Association of REALTORS® (NAR) and several national brands named in a lawsuit over an NAR policy announced that they are fighting a recent court decision designating the […]
Commercial Weekly: Modest Rent Differences and Rising Construction Cost are Headwinds for Office-to-Residential Conversions in Major Metro Areas
The conversion of vacant office space for residential use faces hurdles from rising rental and construction costs. www.nar.realtor – Research
New CFPB Report Finds Three Major Credit Bureaus Providing Insufficient Complaint Responses
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion together reported relief in response to less than 2% of covered complaints, down from nearly 25% of covered […]