A proposed class-action lawsuit alleges that some of Canada’s largest brokerages and real-estate associations are engaged in price-fixing to inflate Realtor commissions. Brokerages named in the lawsuit include ReMax, Century 21, and IproRealty Ltd., as well as the Canadian Real Estate Association and the Toronto Regional Real Estate Board. The lawsuit claims that there is […]
Continue ReadingIt’s the American dream – owning your own home. But for some, that dream may take a little longer as rising mortgage rates put their dreams on hold in a market that is low on inventory as fewer people put their homes up for sale – all resulting in falling home sales. The numbers from […]
Continue ReadingORLANDO, Fla., Jan. 23, 2023 /PRNewswire/ — What consumers, Realtors should do® and policy makers expect when it comes to Florida real estate over the next year? After the unexpectedly strong years of 2020 and 2021 despite an ongoing pandemic, Florida’s housing sector in 2022 was affected by rapidly rising inflation and higher mortgage interest […]
Continue ReadingIllustration: Brendan Lynch/Axios Realtors across the country foresee an increasingly buyer-friendly housing market in 2023, a major shift from the frenetic and expensive pandemic-era housing boom. Driving the news: The housing market has slowed — thanks to mortgage rates hovering around 6%. Axios polled more than 75 experts across Axios Local cities to find out […]
Continue ReadingHORACE — Area home buyers, Realtors and builders will look to make a case for government officials in hopes of reestablishing Horace’s tax abatement program, which was not renewed after it expired on Jan. 1. Horace’s tax abatement program, which is similar to that authorized by the North Dakota Century Code, gives buyers of new […]
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