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To the Point With Bob: Uncertainty and Disruption in the Housing Market
Last week’s announcement of a proposed settlement in the real estate commission lawsuits has unleashed a torrent of questions about what real estate transactions might look like in the future--particularly how buyers would be represented and how buyers’ agents would be compensated, writes MBA President & CEO Bob Broeksmit, CMB.
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ICE First Look: Delinquencies Improve in February
Intercontinental Exchange Inc., Atlanta, released its first look at February mortgage performance, noting that the national delinquency rate was at 3.34%, down 4 basis points from the month before and 11 basis points lower than February 2023.
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‘Home Flipping’ Plummets as Profits Slump
Home flipping fell nearly 30% in 2023 compared to the year before, according to ATTOM, Irvine, Calif.