Dive into the dynamic world of real estate with the latest episode of "Mortgage, Markets, and More" titled "NAR Update and How Times Change..." Join host Peter D'Angelo for a deep dive into the transformative National Association of Realtors Settlement and its potential effects on the real estate landscape. Discover the proposed $418 million in damages, operational changes, and the radical shift towards July implementation that could alter the way homebuying has been conducted for decades.
In this compelling episode, we explore the impact of the settlement, from shifting buyers' agent commission structures to how buyer loyalty might evolve with early exclusivity contracts. We also tackle the anticipated financial repercussions for buyers and sellers alike, coupled with expert predictions on how a third of traditional commission earnings might just vanish with the settlement's enforcement.
Get a grip on the big picture as Peter breaks down the interplay of housing affordability, policy proposals, and surprising shifts in industry heavyweights like Zillow. We'll journey through time and numbers with a thought-provoking comparison between home prices and inflation since the 1960s and the stark contrast to today’s real estate market.
Peter's expertise and insights promise valuable guidance, whether you're a first-time homebuyer navigating the treacherous waters of today's market or a real estate professional adapting to this evolving landscape. The discussion is rounded out with essential updates on mortgage rates and what the Federal Reserve's latest decisions mean for the future.
Tune in for an episode that promises not only to educate but to empower you with the advanced knowledge needed to make informed decisions in a rapidly changing property market. Don't miss out on this crucial update—stream "NAR Update and How Times Change..." and stay ahead of the real estate game!
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Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
Peter.DAngelo@Rate.com
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.
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