Above: Bob Goldberg (left), Helen Hanna Casey (center), and Leslie Rouda Smith (right). Why should clients pay agents as much as they are these days? Sure, that’s a loaded question, but it sits at the crux of several ongoing lawsuits and federal probes that pose an existential threat to the real estate industry. Those legal…

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Several affordable housing leaders met this week with National Economic Council Director Brian Deese, Domestic Policy Council Director Ambassador Susan Rice, Housing and Urban Development Secretary Marcia Fudge, and Federal Housing Finance Agency Director Sandra Thompson to discuss housing supply and affordability. Leaders from the National Association of REALTORS® (NAR), National Association of Home Builders…

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The national median payment applied for by applicants decreased from $1,844 in July to $1,839 in August, improving homebuyer affordability for the third straight month, according to a report issued last week by the Mortgage Bankers Association (MBA). MBA’s Purchase Applications Payment Index (PAPI) measures how new monthly mortgage payments vary across time—relative to income—using…

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