The Texas Broker-Lawyer Committee (BLC) met twice in July to review TREC’s forms and discuss potential changes to the contract forms due to the proposed NAR settlement. Proposed Changes and […]
Mortgage Rates Stay Put Ahead of Fed Policy Announcement
Market analysts expect no benchmark rate changes this month but are unanimous on a cut in September. Federal Reserve policymakers meet this week amid a high likelihood they’ll keep benchmark […]
Broker/Manager Resources: NAR Settlement and MLS Changes
To keep you informed, we’re sharing important details about upcoming MLS changes that may impact your company’s operations. In compliance with the NAR settlement, we will fully implement changes to […]
Texas REALTORS® Helps Homeowners Win $1M in Tax Refunds
Successful legal actions by Texas REALTORS® against school districts resulted in refunds for over 2,100 homeowners, reinforcing property owners’ rights and deterring future unlawful tax practices. In 2015, Texas voters […]
What to Keep in Mind as NAR’s ‘Remarkable Deal’ Becomes Reality
A leading MLS lawyer breaks down the settlement that removes offers of compensation from MLSs and requires more robust buyer agreements starting August 17. Key Points: As the industry rolls […]
If They Build It, Will Buyers Come?
Home buyers want more inventory. Builders say they have it. Home builders across the country plan to ramp up construction this year, following two years of relatively sluggish activity. At […]
In Memory of Virginia Cook
Virginia E. Cook left our world from Dallas, Texas on July 13, 2024, to dance in heaven with an abundance of friends, family, and fellow real estate legends. A petite, […]
DFW Home Sales Are Down and Prices Won’t Budge Despite More Supply
A complex set of factors are at play in the North Texas home market. Something’s got to give in the Dallas-Fort Worth housing market. For the fourth straight month, active home […]
How to Use the Addendum Regarding Brokers’ Fees
The new Addendum Regarding Brokers’ Fees clarifies the payment of brokers’ fees in transactions using TREC residential sales contracts, such as the One to Four Family Residential Contract, Unimproved Property, […]
Why Are Home Prices Still Rising?
High mortgage rates, which increase the cost of buying, should push prices down — right? But the relationship between rates and home prices isn’t that simple. Mortgage rates and home […]