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...
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to...
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982. It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of...