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Fed Holds Rates Steady But Indicates Three Rate Cuts in 2024. Here’s What That Could Mean for Housing
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of the year. The central bank said it needs to see inflation move more sustainably toward its target 2% goal before initiating rate cuts. “Recent indicators suggest that economic activity has been expanding at a solid…
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7 of the Best Residential REITs to Buy Today - U.S News & World Report Money
Landlords pull plug on renter incentives ahead of spring
Trump son-in-law Kushner pursues overseas real estate deals
In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat
Luxury Staging Trends and Tips for 2024
We all know that luxury real estate trends ebb and flow based on numerous factors from the seasons to the state of the economy. Equally, design preferences tend to fluctuate with some new fads occurring while other trends remain timeless. Today, design is all about individuality and creating experiences—gone are the days of formulaic interiors…
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Rising mortgage rates threaten to curtail spring homebuying
Cory Vasquez Promoted to Co-President of Realty ONE Group Ahead of Vinnie Tracey’s Retirement
Above, Cory Vasquez, left, and Vinnie Tracey Realty ONE Group International announced several high-level promotions Monday, including the promotion of Cory Vasquez, who will maintain her role as the company’s Chief Marketing Officer while moving into a co-president role alongside industry icon Vinnie Tracey. Tracey will work with Vasquez in a direct mentorship training role…
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What the Industry is Feeling and Saying About the NAR Settlement
The real estate industry has been abuzz since NAR’s announcement of their settlement in their ongoing commission lawsuits last Friday. Conversations are spurning left and right about the decision: the terms, what they mean and how that will trickle down the industry. To break down the proposed settlement’s terms: buyer’s agent commissions will not be…
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Adapting to Emerging Trends
Chris Raveis Co-President/President of Residential Sales William Raveis Real Estate, a member of Leading Real Estate Companies of the World® Shelton, Connecticut https://www.raveis.com Region served: Connecticut, Florida, Massachusetts, Maine, New Hampshire, New York, Rhode Island, South Carolina and Vermont Years in real estate: Since 1993 Number of offices: 150 Number of agents: 4,500-plus Best advice…
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Biden Incorrectly Says NAR Sets Commissions, Banned Negotiations
The lack of understanding around how real estate transactions work—and misunderstandings and misinformation regarding the recent National Association of REALTORS®’ (NAR) settlement agreement—goes all the way to the top. In a campaign event yesterday, President Joe Biden, while speaking on housing affordability, incorrectly stated to thousands of people that “NAR agreed for the first time…
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