After the United States elected a new president, the thought of new policies, including tariffs and views on immigration, scared off some real estate investors. The reasons why inventories in this area have fallen recently could be due to both the potential increase in costs due to trade tariffs and the reduced supply of construction … Read more
Jennifer Lopez and Ben Affleck’s $68 million Beverly Hills estate has remained unsold for more than 100 days since it went on the market. Despite the long listing period, real estate experts like Jason Oppenheim of The Oppenheim Group say it’s not uncommon for ultra-luxury properties to take several months, or even longer, to find … Read more
A settlement between the National Association of Realtors, or NAR, and plaintiffs in several lawsuits challenging the practice of commission-sharing went into effect Saturday. And while the agreement aims to reduce the fee percentage paid to real estate agents, there could be an additional consequence. A working paper published Monday by the National Bureau of … Read more