Current News & Events

Virginia Home Sales Up 7.4% in February

by Phil Hall | Mar 20, 2026

The statewide median sales price was $410,000, up 1.6% from February 2025. Continue Reading Virginia Home Sales Up 7.4% in February

Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate

by Phil Hall | Mar 20, 2026

Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate

CFPB Seeks to Vacate Redlining Settlement with Townstone Financial

by Phil Hall | Mar 27, 2025

The CFPB is seeking to return the $105,000 settlement funds to the company. Continue Reading CFPB Seeks to Vacate Redlining Settlement with Townstone Financial

Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants

by Phil Hall | Mar 27, 2025

“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants

Homeownership Expenses Consume One-Third of National Average Wage

by Phil Hall | Mar 27, 2025

Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage

Weichert Opens First International Office in Portugal

by Phil Hall | Mar 27, 2025

The Portuguese brokerage will operate under the new name HomeLovers – Weichert. Continue Reading Weichert Opens First International Office in Portugal

Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law

by Phil Hall | Mar 27, 2025

The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law

Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’

by Phil Hall | Mar 27, 2025

MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’

Maine Home Sales up 6.51%

by Phil Hall | Mar 27, 2025

A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...