The number of first-time homebuyers has dropped to an all-time low, according to the 2026 Homebuyers and Sellers Generational Trends report from the National Association of Realtors (NAR). Among the age demographics, Baby Boomers accounted for 42% of today’s property...
President Trump has threatened to fire Federal Reserve Chairman Jerome Powell if he remains at the central bank after his leadership term ends on May 15. Powell still has two years to serve as a member of the Fed’s board of governor, and under Fed rules he can...
Mortgage application activity picked up during the week ending April 10 thanks to an uptick in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.8%...
The Foshay Tower, a landmark building in downtown Minneapolis, is facing foreclosure after its owners failed to pay off its $51 million mortgage. The Star-Tribune reports the mortgage’s maturity date came in May 2025. Deutsche Bank filed the complaint as a trustee...
Century Communities Inc. (NYSE: CCS) announced its next community will be Woodlake Landing, a development in Hartwell, Georgia. Located northeast of Atlanta and Athens near Interstate 85, the community will offer one-story single-family homes with up to four bedrooms,...
The Bascom Group LLC, an Irvine, California-based private equity firm, announced its $103 million acquisition of The Ellison, a 294-unit apartment community located in the Summerlin/Spring Valley submarket of Las Vegas. Completed in 2024, The Ellison is a five-story...
Ohio Initiative to Abolish Property Taxes Falls Short in Gathering Signatur…
