A proposed rule would allow fair-housing testers to have prior convictions – a way to determine if a landlord illegally turns away renters based on criminal history.
While owners don’t want to give up 3%-ish mortgage rates, a survey found that’s a secondary concern to low inventory challenges making it harder to find a place to go.
A 143-page Executive Order gives departments a timeline to create AI rules. HUD and CFPB, for example, have 180 days to focus on Fair Housing Act discrimination.
The Federal Reserve didn’t change interest rates on Wed. because existing tight “financial and credit conditions … are likely to weigh on economic activity.”
“I forgot to call that potential buyer back” usually means “I lost that potential buyer.” A good customer relationship management (CRM) system can fix that.
The U.S. Consumer Confidence Index fell for the third month in a row to 102.6 from Sept.’s 104.3. A top concern: The rising cost of goods and services.
Home prices aren’t coming down, at least not in most of the U.S. The study of Fannie/Freddie data found just 1 of 9 divisions showing “moderate weakness.”
UF’s Oct. consumer sentiment survey found a drop in Floridians’ attitudes about the economy, but only a bit – and notably less than the companion national survey.
A jury found NAR and others liable in a compensation lawsuit, but the association will immediately appeal and the case probably won’t conclude for several years.
RE and mortgage pros were asked what generated the most business for them, and most agreed that physically meeting people got them the best bang for their buck.
