Author: admin

The Refi Boom is Keeping Elevated Delinquencies in Check

As the COVID-19 pandemic rages on and hampers the economy, many homeowners may be looking for greater mortgage relief. Foreclosure moratoriums are in place and many lenders are offering assistance to those struggling.While the rate of non-current loans remained sharply higher than a year ago, CoreLogic reports that serious delinquencies, loans more than 89 days … Continue reading “The Refi Boom is Keeping Elevated Delinquencies in Check”

NAR Reaches Agreement with DOJ on MLS and Commissions Rules

On November 19, 2020, the National Association of REALTORS® (NAR) announced a settlement agreement with the U.S. Department of Justice (DOJ) regarding a civil lawsuit, which was filed against NAR the same day, alleging certain anticompetitive business practices. As part of the settlement agreement, NAR has agreed to modify certain rules and policies to improve … Continue reading “NAR Reaches Agreement with DOJ on MLS and Commissions Rules”

Discount brokerage REX takes aim at real estate cartel

Real estate brokerage REX has filed a lawsuit against the State of Oregon for its antitrust practices and anti-rebate policies. Click here to read more There are a lot of talk and assertions by some on that it is illegal or unethical for a real estate agent to provide a rebate to a buyer in … Continue reading “Discount brokerage REX takes aim at real estate cartel”

Virtual Santa and Tree Lightings To Catch This Holiday Season

Even during a pandemic, the holidays must go on. As we inch closer to December, many annual tree lightings are either going virtual or imposing social distancing guidelines to ensure everyone stays safe during the holiday season. Here are 12 virtual and in-person tree lightings to catch in the coming weeks. Click here to find … Continue reading “Virtual Santa and Tree Lightings To Catch This Holiday Season”

2020’s Housing Market Will Remain Hot Even During Holidays.

If your thinking about selling and you need to wait for Spring, you may want to think again. The housing market remains a hot seller’s market, with annual price growth reaching record highs and inventory continuing to fall. Buyers have been looking for signs of a slowdown in the housing market that has been hot … Continue reading “2020’s Housing Market Will Remain Hot Even During Holidays.”