Understanding the Impact of the NAR Settlement Agreement on Home Sellers Recent changes stemming from the National Association of Realtors (NAR) settlement agreement have significant implications for how home sellers market their properties. These changes are designed to increase transparency in the real estate industry, particularly concerning commission structures. However, as these shifts take effect, […]
The National Association of REALTORS Settlement Agreement
In March 2024, a significant development occurred in the real estate industry involving the National Association of Realtors (NAR) and several major real estate brokerages. A landmark $418 million settlement was reached with NAR to resolve claims in four antitrust class actions. These class actions challenged the rules requiring home sellers to pay buyer broker […]
The Albuquerque Real Estate Tapestry
The real estate market in Albuquerque is a unique blend of historic charm and modern allure. From the adobe-style homes in Old Town to the contemporary properties in bustling neighborhoods, the city caters to a wide spectrum of preferences and lifestyles. However, this rich variety can make the buying or selling process overwhelming. Pricing intricacies, […]
What is really happening with home prices?
What’s Really Happening with Home Prices? Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to […]