After a notable drop in mortgage rates to 6.19%, homebuyers may finally find a reason to re-enter the market. With home prices softening, the surge in home sales could signal a much-anticipated recovery in the housing sector.
A recent settlement by the National Association of Realtors is shaking up the real estate industry, allowing for negotiable agent fees and the rise of flat-fee brokerages. Homebuyers like Jim Xiao are finding new ways to save thousands on commissions.
