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ICE: First-time Homebuyers Made Up 55% of Agency Purchase Loans in 2023 Despite Market Slowdown
The housing market in 2023 was brutal. Mortgage approvals and home sales hit a 30-year low as mortgage rates soared and housing inventory dwindled. But according to new data from ICE Mortgage Technology, a record number of first-time homebuyers took out conventional loans last year despite the slowdown. In all, just 4.3 million mortgages were…
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Own real estate in Mexico? Here's what it means for your US taxes - Mexico News Daily
Op-Ed: Debunking the Myths of the NAR Settlement
Above, Budge Huskey Nearly two weeks ago, the National Association of REALTORS® announced it had entered into a settlement agreement with the class action plaintiffs in what is known as the Burnett vs NAR case, pending final approval by the court. The basis of the suit is rooted in the most common way in which…
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Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
CRMLS CEO Talks New Rules, NAR Settlement and Supporting Buyer Agents
Above, Art Carter The biggest change coming out of the National Association of REALTORS®’ (NAR) settlement might be most felt by agents, but practically, it is all about the MLS. Starting in July, offers of compensation can no longer be communicated in any way on MLS platforms. That change may or may not have the…
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