Current:Home > NewsSafeX Pro:The Daily Money: Will new real estate rules hurt Black buyers? -Ascend Finance Compass
SafeX Pro:The Daily Money: Will new real estate rules hurt Black buyers?
Johnathan Walker View
Date:2025-04-11 05:31:37
Happy Monday! It's Bailey Schulz with The SafeX ProDaily Money.
Good news for drivers: Gas prices are falling.
The national average for regular fuel at the pump was $3.35 per gallon on Monday, down about 17 cents from last month and nearly 50 cents from a year ago, according to data from AAA. Barring any unexpected road bumps ahead, experts say prices should keep falling through the remainder of the year.
New real estate rules could negatively impact Black buyers
New rules that went into effect this month were supposed to raise transparency in real estate, but there are concerns these changes could lead to unintended consequences for Black buyers.
Because of rule changes following litigation against the National Association of Realtors and large national brokerages, it is no longer assumed that a seller will pay a home buyer's broker. The concern is that Black buyers, who often come to the house hunt with the deck stacked against them, will be further disadvantaged by having to pay more money out of pocket for an agent to represent them – or will choose to go without representation in a transaction that’s expensive, confusing and laden with unfamiliar pain points.
“I am concerned,” said Denise Franklin, a long-time real estate agent in Greenville, South Carolina. “We may see more fair housing complaints and lawsuits.” You can read real estate reporter Andrea Riquier's story here.
📰 More stories you shouldn't miss 📰
- Was your Social Security number part of the data breach? How to check.
- What to know about record gold prices valuing one bar at $1 million.
- A 'small minority' of Taco Bells are cutting breakfast from the menu.
- The best family SUVs you can buy right now.
- Arsenic in apple juice? Juice sold at Walmart recalled.
🍔 Today's Menu 🍔
We still have a few more weeks left of summer, but that hasn’t stopped coffee chains from putting pumpkin spice options back on the menu.
Starbucks brought back its seasonal beverages last week, and Dunkin’ has hinted that its menu will be updated soon. The chain’s official Instagram account on Wednesday shared a post captioned, "Apparently I'm not allowed to say when pumpkin comes out but it rhymes with shmaugust shwenty shmeighth."
Dunkin' confirmed the Aug. 28 launch date of the fall menu in an email to USA TODAY but declined to share the contents of the menu.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
veryGood! (3361)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Nevada attorney general revives 2020 fake electors case
- This was the average Social Security benefit in 2004, and here's what it is now
- Trump issues order to ban transgender troops from serving openly in the military
- North Carolina justices rule for restaurants in COVID
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Current, future North Carolina governor’s challenge of power
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- A South Texas lawmaker’s 15
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Intellectuals vs. The Internet
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Louvre will undergo expansion and restoration project, Macron says
Trump issues order to ban transgender troops from serving openly in the military