Jacksonville Real Estate News
Jacksonville
DOJ, NAR Commission Payment Changes Take Effect August Seventeenth
The National Association of Realtors is busy now reminding its 1.5 million NAR members, real estate professionals, and consumers that on August 17, important practice changes resulting from NAR's DOJ Settlement Agreement, addressing claims related to broker commissions brought on behalf of home sellers, will be implemented nationwide.
Over 2.6 Million Western U.S. Homes at Risk of Wildfire Damage in 2024
Based on the recently released 2024 CoreLogic Wildfire Risk Report, more than 2.6 million homes across 14 states are at moderate to very high risk of wildfire damage during the 2024 wildfire season, with a total reconstruction cost of $1.3 trillion.
Megawarehouse Lease Deals in U.S. Increase in 2024
According to a new report from CBRE, leasing of megawarehouses of 1 million sq. ft. or larger increased in the first half of this year as a wave of new construction completions led to a decline in lease rates for the category.
Foreign Investment in U.S. Residential Properties Plummet 21 Percent Over Last 12 Months
According to a new report from the National Association of Realtors, foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024
