In January of 2022, the average home on the market received 3.9 offers according to the Realtors Confidence Index. Thats the most offers per listing in five years.So what do you need to
Love Letters Lost? Judge says NO
Dated: March 9 2022
A judge in Oregon granted a preliminary injunction regarding Oregon's House Bill 2550 which blocked buyers from writing a "love letter" to sellers to try and sway them to accept their offers.
Judge Marco A. Hernandez said the bill "likely violates" First Amendment rights of Real Estate agents.
The bill was originally passed out of concern that the letters could be used by sellers to discriminate against potential buyers.
Judge Hernandez did recognize the history of housing discrimination but argued that the law as currently written is too broad.
With the preliminary injunction the law can not be enforced until the judge makes a final decision.
As of now this does not effect the Real Estate market in Michigan but is something we will keep our eye on.
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