Jerome Powell drops a bombshell, a new movie celebrates a pioneering banker, and the Washington Commanders debut their new stadium’s design. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 12-16. Hit: A Very Big...
Florida recorded a total of 255,023 closed sales of existing single-family homes during 2025, up 0.9% year-over-year. The Sunshine State also recorded 88,793 sales of existing condo-townhouses, down 5.9% compared to 2024. According to data from Florida Realtors, new...
The Santa Fe, New Mexico-based compound where Oscar-winning actor Gene Hackman and his wife Betsy Arakawa were found dead last year will be listed for sale at $6.25 million. The Wall Street Journal reports the 53-acre estate was purchased by Hackman in the 1990s. The...
Builder confidence in the market for newly built single-family homes began 2026 with a downturn, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For January, the HMI fell two points to 37, well below the 50-mark...
California’s housing market closed 2025 on a high note with sales rising on both a month-over-month and year-over-year measurement. According to data from the California Association of Realtors (CAR), the state recorded 288,200 closed escrow sales of...
Mortgage rates continued their decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15, down from last week when it averaged 6.16%. A year ago at this time, it averaged...
