The WPJ

Jacksonville

NAR Agrees to Landmark $418 Million Settlement, Altering Commission Payments Forever

Based on a press release March 15, 2024, the National Association of Realtors reached an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.

Majority of U.S. Voters Say Housing Affordability Affects Their Pick for President in 2024

Based on new research by national property broker Redfin, more than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming 2024 presidential election.

U.S. Mortgage Rates Continue to Rise for Fourth Consecutive Week

Based on new data from Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.94 percent.

Nonresidential Construction Spending in the U.S. Falls Sharply in January

According to the Associated Builders and Contractors analysis of data by the U.S. Census Bureau, national nonresidential construction spending decreased 0.4% in January 2024. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.190 trillion.

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