Current:Home > FinanceSafeX Pro Exchange|The Daily Money: Will new real estate rules hurt Black buyers? -Elevate Profit Vision
SafeX Pro Exchange|The Daily Money: Will new real estate rules hurt Black buyers?
SafeX Pro Exchange View
Date:2025-04-08 05:24:47
Happy Monday! It's Bailey Schulz with The SafeX Pro ExchangeDaily 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! (78778)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- How NBC's Mike Tirico prepares for Paris Olympics broadcasts and what his schedule is like
- 100K+ Amazon Shoppers Bought This Viral Disposable Face Towel Last Month, & It's 30% Off for Prime Day
- Aging bridges in 16 states to be replaced or improved with $5 billion in federal funds
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- The Oura Ring Hits Record Low Price for Prime Day—Finally Get the Smart Accessory You’ve Had Your Eye On!
- FDA warns Diamond Shruumz still on shelves despite recall, hospitalizations
- Jon Stewart sits with Bill O'Reilly during live 'Daily Show': Start time, how to watch
- Former Syrian official arrested in California who oversaw prison charged with torture
- Two people intentionally set on fire while sleeping outside, Oklahoma City police say
Ranking
- Don't let hackers fool you with a 'scam
- Diana Taurasi back from injury: How Mercury star fared in past two games
- Tennessee won’t purge voter rolls of people who disregard a letter asking them to prove citizenship
- Matty Healy’s Fiancée Gabbriette Bechtel Hints at Future Family Plans After Engagement
- Former longtime South Carolina congressman John Spratt dies at 82
- Emma Stone and Travis Kelce Are the Favourite Fans at Taylor Swift's Eras Tour in Germany
- Mauricio Umansky Spotted Kissing New Woman Amid Kyle Richards Separation
- Shop Prime Day 2024 Beauty Deals From 60 Celebs: Kyle Richards, Sydney Sweeney, Kandi Burruss & More
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Exiled Chinese tycoon Guo Wengui convicted in billion-dollar fraud scheme
Peter Navarro, ex-Trump trade adviser, released from prison
Lawsuit claims that delayed elections for Georgia utility regulator are unconstitutional
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Feds say Neo-Nazi 'murder cult' leader plotted to poison Jewish kids in New York City
Emma Stone and Travis Kelce Are the Favourite Fans at Taylor Swift's Eras Tour in Germany
Navy exonerates 256 Black sailors unjustly punished in 1944 after a deadly California port explosion