Trending News: October 9, 2024

eXp, John L. Scott and Real Estate One reach settlement agreements and the latest jobs report has us wondering where mortgage rates are headed next. Plus…home purchase sentiments hit highest level in two years. Could this be the early signs of a market shift?

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Show Notes


EXp agrees to pay $34M to settle antitrust commission lawsuits: The brokerage was the third-largest by sales volume in 2022 and one of a relative few holdouts who had yet to settle lawsuits targeting the old status quo for real estate commissions.
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2 more brokerages in the $2B club reach settlement agreements: John L. Scott and Real Estate One reach settlement agreements in antitrust commission lawsuit filed in Missouri. The cases were filed immediately after the verdict in the Sitzer case. Read more

Home purchase sentiment hits highest level in two years: It’s an early sign that the market is shifting, but most consumers think it’s not a good time to buy a home due to rising prices. Read more

Jobs report sends mortgage rates higher: Where are rates headed next? Read more

Music by: Gloria Tells from Epidemic Sound

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