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topStories Thursday, October 31, 2024
Just Released: 2024 Contract & Commission Study
Commissions are falling. For now. After months of speculation—and years of trepidation—RISMedia can say definitively that at least in the short term, the percentage of a home’s sale price that agents and brokers claim as their hard-earned compensation has shrunk. 
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articles
FHFA, HUD Add FHA Data to Appraisal Database to Reduce Home-Appraisal Bias

DENVER, Colo.—The FHFA and HUD announced the expansion of public appraisal data to include FHA loans, according to... More
Co-Living Could Be the Answer to Office Conversions
The residential real estate market has an inventory shortage, while commercial real estate is experiencing high vacancy rates due to shifts away from in-office mandates. The two birds with one stone solution has been to convert unused office buildings into multi-unit residential buildings. Cities such as Boston have even passed tax breaks to incentivize developers to convert offices into apartments.... More
Threat of Wildfire Balloons Insurance Costs, Shifts Markets Out West

How will the threat of wildfires affect real estate businesses in the western portion of the United States? The answer to the question... More
Existing-Home Sales Fall 1% in September, a 14-Year Low

In September, total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops... More
 
 
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