The Bombshell Case That Will Transform the Housing Market
For decades, an invisible hand has been guiding and controlling the American real estate industry, dictating how much buyers and sellers pay to their agents and how homes are sold. A few days ago, after a stunning legal settlement, that control — wielded by the National Association of Realtors — collapsed. Debra Kamin, who reports about real estate desk for The Times, explains how the far-reaching change could drive down housing costs.