MLS leaders appear optimistic about the new initiative—but for different reasons, hoping it will serve as an “interconnecting layer” rather than a “suffocating blanket.”
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One economist said the “inflation problem” has deeper causes beyond the Iran war, as a 3.6% increase in prices may be indicative of trouble on the horizon....
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Zillow resolved claims it misled investors over its short-lived iBuying venture as the law firm representing shareholders described it as one of the largest settlements in court district's history....
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“Even with affordability challenges causing the housing market to stagnate, home prices continue to set record highs in most parts of the country,” said NAR Chief Economist Lawrence Yun....
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“A struggling housing market can be a sign of weaker economic growth to come, which lowers the returns investors demand on their bond purchases. In turn, this allows mortgage rates to fall and hopefully alleviate some of the negative effects being experienced by the housing market,” said Realtor.com Senior Economist Joel Berner....
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