New York Real Estate Blog
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Mortgage Payments Down, Affordability Up? Real Estate Insights for 2024
As a real estate agent, it's crucial to stay informed about market trends, especially regarding mortgage payments and their impact on the housing market. Recent data from the Mortgage Bankers Association (MBA) indicates a decrease in mortgage application payments,...
Commission Lawsuit Recap
The article "From Sitzer to Moehrl, 2023 Was The Year Of Commission Confusion" by Andrea V. Brambila on Inman News discusses the significant impact of various lawsuits, particularly Sitzer | Burnett and Moehrl, on the real estate industry in 2023. These lawsuits...
Takeaways for Real Estate Agents from BOA’s Homebuyer Insights Report
In the dynamic world of real estate, staying informed about the latest trends and insights is crucial for success. Bank of America recently released its "2023 Homebuyer Insights - Defining Success through Homeownership" report, shedding light on valuable information...
NAR Vows to Appeal Sitzer/Burnett Verdict
NAR to Appeal Burnett Trial Verdict: A Closer Look at the MLS Rules and Real Estate Compensation Model In a recent press release, the National Association of REALTORS® (NAR) announced its intention to appeal the verdict in the Sitzer/Burnett trial. The jury found...
NYS 75 Hour Real Estate Broker Licensing Course Classroom Instructor Led
Embark on your journey to becoming a licensed New York State Real Estate Broker with our comprehensive 75-Hour Pre-Licensing Course! Fully updated to mirror the latest legal modifications and practical shifts in the New York Real Estate sector, our course is your...
Real Estate Stocks Tumble Following Sitzer/Burnett Lawsuit Verdict
Real Estate Stocks Tumble Following Sitzer/Burnett Lawsuit Verdict How the Guilty Verdict is Shaking the Publicly Traded Real Estate Sector The recent guilty verdict in the Sitzer/Burnett class-action lawsuit has sent shockwaves through the real estate industry....
Federal Jury Finds NAR and Brokers Guilty in Class Action Lawsuit
In a landmark decision that has sent ripples through the real estate industry, a federal jury has found in favor of the plaintiffs in the Sitzer/Burnett class-action lawsuit, a case closely watched by real estate professionals across the nation. The jury has ruled...
Adjustable Rate Mortgages (ARMS): Pros and Cons for Real Estate Agents
In the current housing market, with mortgage rates on the rise, many homebuyers are considering adjustable-rate mortgages (ARMs) as a way to afford a home. ARMs offer lower introductory interest rates than fixed-rate mortgages, which can make monthly payments more...
Real Estate Board of New York (REBNY) Changes Rules Governing Buyer Agent Compensation
In a move that has sent ripples across the real estate industry, the Real Estate Board of New York (REBNY) has announced significant changes to the rules governing buyer agent commissions. The amendment to the Universal Co-Brokerage Agreement stipulates that listing...