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Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

On March 22, Moulder, who worked with Keller Williams from 2002 to 2011, filed a complaint aiming for class-action status in the U.S. Allegations include breach of contract and unjust enrichment, with damages sought at $250 million. Hill, a former KW agent from 2002 to 2013, filed a similar complaint in the U.S.

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The 2022 housing market: A tale of two halves

Housing Wire

“The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom.

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The Similarities Between 2007 and Today

Appraisal Buzz

Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. We are seeing that as a profession again.

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SFR with ADU or Two Units?

Appraisal Today

Estate and divorce require heavy networking over time with real estate agents, the primary referral source. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.41 percent, the highest level since March 2002, from 7.08

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Housing Resources for People With Dementia or Alzheimer's

Raleigh Realty

If you do decide to move, first, contact a local licensed real estate agent to discuss the selling process should you choose this path. This is due to financial stressors, as well as a greater risk of contracting covid if you have an underlying condition. Click the link above to be directed to the grant application

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. ( Living the Dream is both the name of this newsletter and my real estate blog. may be the better million-dollar question.). from this time last year.

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ChatGPT for Appraisers

Appraisal Today

As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. percent, the highest rate since 2002. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09 And I feel it myself. percent from 6.93