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Introduction The Sitzer/Burnett legal case is a landmark antitrust lawsuit against the National Association of Realtors (NAR) and some of the largest real estate franchisors. The case alleged that the defendants conspired to inflate real estate commissions by...
Owning a home can be a great opportunity to build wealth over time. Yet, the reality of property taxes can put a damper on your annual cash flow. However, there may be a way to make adjustments to your expenses: By requesting a reappraisal of the value of your home,...
When it comes to purchasing a home, traditional financing options like mortgages from banks or credit unions often come to mind. However, there's another less-known yet equally viable method of financing a real estate transaction: seller financing, also known as the...
Buying a home is a significant milestone in life, and ensuring that you make an informed decision is of utmost importance. Property disclosure documentation is a crucial aspect of the home-buying process, providing essential information about the condition of the...
The last two years caught many of us off guard — and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply...
The real estate market remains influenced by the old supply-and-demand predicament: U.S. home sales continue at a rapid pace, but the number of listings remains limited. Amid historically low mortgage rates, buyers keep shopping, reducing inventory and sparking a rise...
Remember finding a home you lived as a young adult? Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical. A newly independent adult can find freedom and flexibility in a tiny apartment. That same...
While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift while fearing a real estate...