Trending News: March 15, 2023

@properties adds 1% broker fee, inflation slows in February with housing still the biggest contributor, and Hispanic homeownership rates rose to 48.6% in 2022.

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Show Notes

@properties adds 1% broker fee: The move applies to all transactions closed on or after April 1, and comes during a sustained market slowdown in an era of high interest rates, an environment in which many residential brokerages have been pushed into tough decisions. Read more

Housing still biggest contributor as inflation slowed pace in February: While the Consumer Price Index jumped a modest 0.4% month over month, the collapse of Silicon Valley Bank and Signature Bank could keep rate hikes at bay. Read more

Hispanic homeownership rate rose to 48.6% in 2022: Latinos have the largest near mortgage-ready population of any racial or ethnic group. Read more

Music by: Gloria Tells from Epidemic Sound

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