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The American Real Estate Association (ARA) has announced the appointment of John Blount as its chief lobbyist. Blount previously served as chief lobbyist for the National Association of Realtors® (NAR).  According to ARA, the hire signals its intent to be a strong national voice on real estate policy. With Blount, ARA gains a Washington veteran…

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Consumer attitudes toward the economy reversed course as sentiment fell by nearly 8% so far for August. The University of Michigan’s monthly preliminary consumer sentiment survey reported a sharp decline. On a month-over-month basis, consumer sentiment dropped by 7.6%, ending the nation’s two-month streak of consecutive growth. The decline is more severe on an annual…

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Not so very long ago when people decided they were ready to become homeowners, most didn’t even think to consider a condo. The American Dream was a standalone house. It still is, but with limited inventory in many places and elevated mortgage rates and prices, suddenly a less expensive condo is more logical and achievable…

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