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Blackstone Draws Over $24 Billion Commitments for Latest Real Estate Fund - U.S News & World Report Money
What would happen if homebuyers were required to pay their real estate agents directly? That question may likely be on many people’s minds as several lawsuits aimed at the real estate commission structure persist.
Existing home sales continue to free-fall as federal interest rate hikes and long-simmering affordability and inventory concerns catch up to what has been a wild ride of a real estate market, with June seeing another precipitous drop of 14.2% year-over-year and 5.4% from the previous month, with 5.12 million units sold, according to the most recent data from the National Association of REALTORS® (NAR).
The residential real estate market is experiencing rapid change, and with several unknowns on the horizon, it’s hard to predict which direction we’re headed in next.
Leading Real Estate Companies of the World® (LeadingRE) has announced that 21 new members have joined its professional community since the start of 2022. Selected companies in the LeadingRE network are recognized for their expertise and knowledge of both local and global markets. All members are vetted for performance and commitment to quality customer experience, the company stated.