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DOJ Doing Biden Dirty Work
The Department of Justice (DOJ) aligns its priorities and values with the current administration, suggesting a focus on consumer protection and affordable real estate transactions. It appears that the Biden administration's DOJ is intensifying investigations into the real estate industry, particularly targeting junk fees and real estate commissions to make housing more affordable. The DOJ's decision to reopen investigations into the National Association of Realtors under the Biden administration hints at a potential political motivation. The real estate industry questions the impact of lower commissions on home prices, reflecting interconnected concerns about affordability. The ongoing scrutiny by the DOJ, especially on NAR, may intensify as the election approaches, with implications for future regulatory actions in the housing sector.