Realtors face tough year with legal settlements likely lowering fees; rising evictions add to housing affordability crisis.

Sharing is Caring!

Realtors across America are in for a tough year in 2024, with a new legal settlements likely lowering their fees and commissions. Something that could result in hundreds of thousands of realtors quitting.

Many renters are being evicted from their homes due to the increasing cost of renting a house. With 35% of the U.S. population living in rental housing, many are facing financial stress when it comes to housing affordability. This video delves into the factors causing this spike in price and what the US congress is doing about it.

See also  Mortgage-yield spread signals rising consumer risk, hinting at economic downturn pressures. 30 year average US mortgage rates are above 7% again! Dow Jones 1929 vs 2024 update
See also  The affordability crisis hits US consumers hard. Retail giants like Dollar Tree (-56%), Dollar General (-48%), and Target (-15%) have seen steep declines, while US household debt soars to $17.94 trillion.