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Commission lawsuits spread to Manhattan

Housing Wire

Real Estate , Modern Spaces , The Agency , The Modlin Group , Nest Seekers International , Oxford Property Group , R New York , RE/MAX , SERHANT. Noticeably missing from the list is the National Association of Realtors. 8, 2019, and the present. Garfield & Co , Level Group, M.N.S.

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The Post-COVID shift: What Amazon and Zillow can’t do

Housing Wire

In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age. When we wrote the “Seismic shift” article in 2019, less than 50% of mortgage applications were taken digitally.

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Making housing more affordable by bridging the affordable supply gap

Housing Wire

As Candace Taylor writes in The Wall Street Journal , “These days, buyers eschew the large, ornate houses built in [previous] years in favor of smaller, more-modern looking alternatives.” Sources: Fannie Mae, “ Future Homebuyers ,” Single-Family Strategy & Insights unpublished research (November 2019).

Finance 368
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Existing home sales data shows extent of housing inflation

Housing Wire

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 I am a big fan of inventory to 2019 levels. that are at 2019 levels, and they are off the savagely unhealthy housing market list. We have parts of the U.S.

Inventory 437
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Mortgage fees to help pay for Biden infrastructure bill

Housing Wire

Senate, renewing the guarantee fees through 2032 would result in $21 billion toward the $579 billion plan to repair roads, expand rural broadband and modernize the power grid. In 2019, g-fees amounted to 58 basis points on average for a 30-year fixed rate loan. That increase would have expired this year in September.

Mortgage 423
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Why housing inventory is so low right now

Housing Wire

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. If you look at the monthly supply for new homes from 1996 to 2005, it was always lower than what we saw from 2008 to 2019.

Inventory 494
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What’s next after a historic housing boom?

Housing Wire

real estate in 2022 may see challenges to its biggest enterprises, including the National Association of Realtors and Zillow , and shifting adjustments to how work is done amid the coronavirus pandemic. million homes sold at the end of September, according to National Association of Realtors data. on pace for 6.29 July was the plateau.