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REAL ESTATE SETTLEMENT WILL UNSETTLE BUYERS

Will Springer Realtor

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. That figure is a whopping 24% today across Seattle/Puget Sound, triple from pre-pandemic levels. If we are supposed to be back in the office, you can be forgiven if you don’t believe it.