Court advised to reject legal bid to compel NAR rule enforcement
A magistrate judge in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division has recommended that the court deny plaintiff Jorge Zea’s preliminary injunction motion that seeks to compel the National Association of Realtors (NAR) along with 16 local Realtor associatio
Housing activity weakens in latest Fed Beige Book report
Housing activity weakened across much of the country, emerging as one of the clearest drags on overall economic performance, according to the Federal Reserve’s most recent Beige Book report. Most Federal Reserve districts reporting on residential real estate cited softer home sales, slower construct
Lower mortgage rates support steady new home sales
After a long delay caused by the government shutdown, we finally have a new home sales report for October! The report shows that lower mortgage rates, which are now moving toward 6%, are helping to keep new home sales steady, similar to what we see in the existing home sales market. New home sales a
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