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May 25th, 2024

But that mannequin has come underneath intensifying scrutiny fromcritics who’ve likened it to a cartel. Late final yr, a jury in a Kansas City federal court found the longstanding apply to be a type of collusion that artificially inflated real estate fees,awarding a large $1.78 billion judgment in opposition to NAR. The average 30-year fixed-rate mortgage is now at 8%, the best since 2000. Rebecca Jarvis breaks down a potential change in charges that would have a large impact for both consumers and sellers. ABC News’ Brad Melke of the Start Here podcast joins ABC News Live anchor Diane Macedo to speak concerning the impact of this report on young aspiring householders. “Start Here” took a look at how some cities like New York and San Franciso are trying to fill the expensive void left by empty offices by turning them into new apartments.

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