Current News & Events
Nearly 14% of Home Sales Canceled During January
Homebuyers need to earn $111,000 per year to afford the typical home, about $25,000 more than the median household income. Continue Reading Nearly 14% of Home Sales Canceled During January
Virginia Home Sales Up as Prices Remain Flat
The statewide median sales price $397,790 dipped by a scant 0.3% from the $399,000 price in January 2025. Continue Reading Virginia Home Sales Up as Prices Remain Flat
New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
IEM said it partnered with six consumer brands to launch experiential retail environments. Continue Reading New Venture Encourages Brands to Explore In-Mall Retail with Micro Spaces Platform
Homes Built For American Hires Greg Balen as Chief Operating Officer
Balen has over three decades of experience as a builder, land developer, architect, contractor, engineer and asset manager. Continue Reading Homes Built For American Hires Greg Balen as Chief Operating Officer
Corcoran Group Announces New German Franchise
The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer. Continue Reading Corcoran Group Announces New German Franchise
Survey: One-Third of Realtors Have Yet to Use AI Tools
The top AI tools used by the realtors polled for the survey were ChatGPT by OpenAI (58%), Gemini by Google (20%), and Copilot by Microsoft (15%). Continue Reading Survey: One-Third of Realtors Have Yet to Use AI Tools
The Impact Group, a Denver Brokerage, Joins eXp Realty
The 31-agent, four-support-staff team closed $305 million in sales across 429 units in 2024. Continue Reading The Impact Group, a Denver Brokerage, Joins eXp Realty
Mortgage Rates Continue to Fall
The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Continue to Fall
Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
The request follows an appeals court decision on Monday that rejected Trump’s efforts to fire Cook ahead of the central bank’s Federal Open Market Committee meeting. Continue Reading Trump Files Emergency Request with Supreme Court to Fire Lisa Cook
Q2 Home Flipping Profit Margins Drop to 17-Year Low
The typical flipped property generated a 25.1% return on investment before expenses. Continue Reading Q2 Home Flipping Profit Margins Drop to 17-Year Low
Rithm Capital Buys Paramount Group for $1.6 Billion
Paramount’s portfolio includes 13 owned and four managed high quality office assets, totaling more than 13.1 million square feet, 85.4% of which is currently leased as of June 30. Continue Reading Rithm Capital Buys Paramount Group for $1.6 Billion
DC Council Gives Final Approval on Commanders Stadium Project
The Commanders have been playing at Northwest Stadium in Landover, Maryland, since 1997. Continue Reading DC Council Gives Final Approval on Commanders Stadium Project
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