2024 New Law Round-Up

These laws go into effect on January 1, 2024, unless stated otherwise. Listings Capped at 24 months (AB 1345) How long can a listing last? 24 months. Previously, there was no specified limit. Now, under AB 1345, exclusive listings on residential one-to-four properties...

More Than One-Third of Home Sellers Giving Concessions

During the three months ending Oct. 31, home sellers gave concessions to buyers in 35 percent of U.S. home sales. This percentage is not very different from a year earlier (35.9 percent), but it is higher than it was two years ago (27.6 percent). Concessions typically...