The WPJ

Philadelphia

Commercial Co-Broker Commissions Not Affected by NAR-DOJ Settlement, Yet

Following the groundbreaking agreement between the National Association of Realtors (NAR) and the Department of Justice on March 15, 2024, the real estate sector is abuzz with discussions about the potential effects on the future of commercial co-broker fees and payment methods.

Rising U.S. Mortgage Rates Further Discourage Future Homebuyers in April

This week's increase in U.S. mortgage rates has added to the skepticism about any significant reductions in interest rates for prospective homebuyers in the near future.

U.S. Pending Home Sales Down 7 Percent Annually in February

According to the National Association of Realtors, pending U.S. home sales in February 2024 grew 1.6% month-over-month from January 2024. The Midwest and South posted monthly gains in transactions while the Northeast and West recorded losses. All four U.S. regions registered year-over-year decreases.

U.S. Commercial, Multifamily Mortgage Delinquency Rates Uptick in Q4

According to the Mortgage Bankers Association's latest Commercial Delinquency Report, U.S. commercial mortgage delinquencies increased in the fourth quarter of 2023.

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