Washington, DC CNN —
A settlement announced by the National Association of Realtors on Friday, which ended its litigation with some homesellers, could fundamentally change how Americans buy and sell their homes.
The agreement will effectively destroy the rules that many critics say help drive home prices higher. The new rules are likely to be fairer for home buyers and sellers who’ve been saddled with the most unaffordable housing market in a generation.
But even after the $418 million settlement goes into effect in July after court approval, some things will remain familiar.
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