2 min read
Business

Michigan’s nuclear plant to receive $1.52 billion boost from DOE for energy production

The Department of Energy (DOE) has unveiled a new plan to invest $1.52 billion in Michigan’s nuclear plant in order to power 800,000 homes. This massive investment is part of the DOE’s efforts to promote clean and reliable energy sources across the country.

2 min read
Business

Sales of new homes in US decline, pushing median price to lowest in over 2 years

US new home sales have fallen in the most recent numbers reported by the Commerce Department. The decrease in sales is concerning for the housing market, which has been experiencing fluctuations in recent months.

8 min read
Business

‘Dangerous Times’ Ahead for Home Buyers if 6% Commissions Are Axed, Warns Mortgage CEO

**Toronto, Canada -** The Canadian real estate industry is in upheaval today as news of the potential reduction to the standard 6% commission for real estate agents spreads like wildfire. The proposed change has sparked heated discussions among industry professionals and home buyers alike.

2 min read
Business

Impact of National Association of Realtors settlement on housing market prices

The National Association of Realtors recently reached a settlement with the Department of Justice. This settlement addresses alleged anti-competitive practices within the real estate industry. As a result, changes in the distribution of information and pricing data may occur.

3 min read
Business

Potential end to 6% commission on home sales could provide relief for Bay Area homebuyers

The 6% commission on home sales is a standard practice in the real estate industry, but it may be coming to an end in California.

2 min read
Business

Inventory Increases as Housing Market Sees Flood of New Homes Available for Purchase

The housing market has seen a flood of new homes being distributed across various regions. In recent months, there has been a significant increase in the number of new housing developments popping up in both urban and suburban areas.

2 min read
Business

Home Buyers and Sellers Rejoice as 6% Commission is Removed by Realtors Association

The 6% commission on buying or selling a home is a thing of the past, thanks to a seismic settlement reached by the Realtors association. This groundbreaking agreement will have a significant impact on the real estate industry, as it eliminates a long-standing practice that has been criticized by consumers for years.

2 min read
Business

Homebuyers Brace for Increasing Demand Following Biden’s Mortgage Credit Plan

President Biden’s proposal for a $5,000 mortgage credit has the potential to impact the housing market in significant ways. If implemented, this credit could lead to a surge in demand for homes, driving up prices across the country.