In the past week, the mortgage industry has been closely monitoring the impact of the recent NAR settlement changes on home-buying data. Despite the relatively short period since the changes came into effect, industry experts are already beginning to analyze any potential shifts in the market.
Key points to consider include:
– Observing any fluctuations in home sales or pending sales data
– Analyzing any changes in mortgage applications or approval rates
– Monitoring the level of competition among prospective buyers
– Evaluating the overall sentiment and confidence of homebuyers in the current market conditions
With the NAR settlement changes still in the early stages of implementation, it will be essential for industry professionals to continue tracking these metrics closely to gauge the full extent of the impact on the housing market. As the industry adapts to these new regulations, staying informed and proactive will be crucial in navigating the evolving landscape of mortgage lending and home buying.
You can read this full article at: https://www.housingwire.com/articles/will-the-nar-settlement-changes-slow-down-home-buying/(subscription required)
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