If buyer commissions are 3% on today's median prices for existing ($379,100) or newly built ($420,700) homes, that's $11,373 or $12,621 in extra closing fees for buyers.
Julian Hebron
Goldman Sachs buy side betting U.S. commercial real estate near bottom
March 16, 2024
We think we're going to bump along the bottom for a while, as a lot of these over-levered situations get worked through.
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