Sat.Dec 23, 2023

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The 2023 housing market bent, but didn’t break

Housing Wire

As we approach Christmas day, we can only hope that the Federal Reserve now realizes their fear of 1970s-style inflation created a rate-hike cycle that disproportionately impacted the U.S. housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke.

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The Ten: NAR determined to ‘rebuild trust’ in 2024 after a year of upheaval

Real Estate News

The massive trade organization showed cracks in the foundation as it confronted harassment allegations from the inside and legal threats from the outside.

Legal 264
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The biggest story of the year (according to you): The Download

Inman

The biggest story of the year was our liveblog coverage of the Sitzer | Burnett commission trial. Get caught up with a special end-of-year edition of The Download.

Brokerage 194
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Brokerage Beat: News from Century 21, eXp, Real, Christie’s

Real Estate News

Century 21 adds suburban Atlanta and Orlando brokerages; eXp teams merger “a game-changer” for Arizona; Carolina Sky joins Real; Turks & Caicos firm rebrands.

Brokerage 261
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What Is a Good ROI on Rental Property?

BiggerPockets

A good ROI on rental property typically ranges from 6% to 10%, although this can vary with location, property type, and market conditions. In some areas, ROIs over 12% are possible, while in expensive urban locations, a 4% to 6% ROI may still be favorable.

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Are We Experiencing “Transitory Mortgage Rates”? What Does That Mean For Rates?

BiggerPockets

In March 2021, Federal Reserve Chairman Jerome Powell said, “[T]hese one-time increases in prices are likely to have only transient effects on inflation.