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Consumers AND Agents are giving up on Housing!
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ποΈπ§ Tune in for an explosive episode of This Week in Real Estate!! π We're diving deep into the latest shockwaves in the real estate world. Discover the drama behind NAR President Tracy Kasper's resignation and what it means for the industry, and get the latest on the UMPA lawsuit that's reshaping the future of real estate commissions.
We'll also explore why NAR's membership is declining for the first time in years, and give you the inside scoop on the legal battles in the industry. Plus, we're looking at the early signs of rebound in homebuying demand amidst fluctuating mortgage rates and increasing listings, and discussing how dropping monthly payments are bringing back house hunters. Renters, there's good news for you too, as rental costs drop for the third straight month.
Don't miss our analysis of the Case-Shiller Home Price Index, showcasing the strongest national growth rate since 2022. We're also tackling the big question: Is the American dream of homeownership fading for Gen Z? Find out how the median sale price for US homes is jumping and what it means for your wallet. Plus, we've got insights on mortgage demand trends and a look at the economic outlook for 2024. π₯
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