End of Seller-Paid Agent Commissions Marks New Era in Home Buying. Starting this August, the traditional practice of seller-paid agent commissions is being phased out, potentially reshaping the real estate landscape. With sellers no longer responsible for paying buyer agent fees, the cost burden shifts directly to buyers. This change may increase upfront costs for […]

DOJ Sues RealPage for Antitrust Violations. The U.S. Department of Justice has filed a lawsuit against RealPage, Inc., alleging that the company used its pricing algorithm to help landlords coordinate rent prices, reducing competition and inflating rents across the U.S. This lawsuit is seen as a critical move to protect renters from unfair pricing practices

New York City’s Real Estate Market Shows Signs of Cooling Down New York City’s once red-hot real estate market is beginning to cool, as rising interest rates and increasing inventory levels slow the pace of sales. According to recent reports, the average time on the market for homes in Manhattan has increased, and sellers are

Builders Respond to Inventory Crisis: Is Relief on the Horizon? In response to the ongoing housing shortage, builders are increasing the pace of new construction, particularly in the multi-family sector. This surge in building activity is a crucial step toward alleviating the inventory crisis that has plagued the real estate market for years. The trend

Virtual Staging Boom: How Tech is Revolutionizing Home Buying Virtual staging and other online tools have become integral to the real estate process, with more buyers than ever starting their home searches online. The popularity of these tools has surged since the pandemic, offering buyers a more convenient and immersive way to explore properties without

The Rise of Multi-Generational Living: A New Norm in U.S. Housing Economic pressures and cultural shifts are leading to an increase in multi-generational households across the U.S. This trend is particularly pronounced among immigrant communities and is seen as a response to both rising housing costs and the desire for closer family support structures.

Mortgage Rates Stay High: What It Means for Homebuyers in 2024 Mortgage rates remain stubbornly high in 2024, showing no signs of significant decline. This trend is putting additional pressure on homebuyers, particularly those entering the market for the first time. The prolonged period of high rates is expected to continue affecting housing affordability and

Single-Family Homes in Crisis: Demand Soars, Supply Dwindles The migration to the suburbs has intensified the demand for single-family homes, but supply remains critically low. Despite increased construction efforts, the gap between new households and available homes has grown, exacerbating the housing shortage. This imbalance is expected to persist, with some hopeful signs of stabilization

Suburban Shift: Why Americans Are Leaving Cities Behind The trend of Americans moving from urban centres to suburbs continues in 2024, driven by factors like remote work, lower taxes, and more affordable housing. This shift is contributing to the ongoing demand for single-family homes, particularly in areas that offer a blend of suburban comfort and

Silicon Valley’s Utopian Dream in Solano: Innovation or Invasion? A group of Silicon Valley elites is planning a massive 55,000-acre utopian community in Solano County, California. While the project aims to create a sustainable, tech-driven community, it has raised ethical concerns about land acquisition practices and the broader implications of creating communities based on specific