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Prices Rise, Rates Rise, IS THERE NO END?!
Manage episode 399762748 series 3067234
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Dive into this week's real estate revelations on "This Week in Real Estate"! π π‘ Amidst unprecedented challenges, from the DOJ's scrutiny on NAR following the $1.8B Sitzer verdict to the surge in lawsuits against corporate landlords, the landscape is shifting. Discover the implications of Keller Williams' settlement and why HomeServices urges the Supreme Court's intervention. As NAR faces a membership decline for the third consecutive year, we unravel the strategies behind their latest campaign and CEO Nykia Wright's mysterious video appearance.
With mortgage rates leaping over 7%, we're at a crucial juncture where buyer demand steadies against rising interest rates. Despite increased home tours, sales remain elusive, highlighting a market ripe for analysis. The construction surge sees nearly a third of Q4 home sales as new builds, approaching a historic high. Meanwhile, luxury home prices soar, setting new records as cash transactions dominate the high-end market.
Our spotlight also shines on the one-third of agents aiding clients in relocating due to local policies, and how insurers' exodus from disaster-prone regions signals potential impacts on home values.
Tune in LIVE for expert insights, deep dives, and the latest trends shaping the future of real estate. Whether you're buying, selling, or simply passionate about property, this episode is packed with invaluable knowledge for navigating today's complex market. π Live at 10 AM PST / 1 PM EST. #RealEstateTrends
#NAR #MortgageRates #HousingMarket #LuxuryHomes #RelocationTrends #RealEstateNews
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