Nash Equilibrium in Real Estate: What’s Changing in 2025
For decades, the U.S. real estate and mortgage markets operated under a delicate but stable balance—each participant, from agents to lenders, adhered to a well-known structure. Buyers paid agents, agents split commissions, lenders issued loans, and builders delivered homes. It resembled a Nash Equilibrium: no single party could alter strategy without worsening its own outcome. Today, […]
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