Current News & Events
Mortgage Application Activity Dips by 1.6%
The FHA share of total applications decreased to 17.2% from 18.2%. Continue Reading Mortgage Application Activity Dips by 1.6%
Bank of Canada Leaves Rates Unchanged
The central bank stated that “housing activity declined in the fourth quarter and is being held back by slow population growth, economic uncertainty and ongoing affordability issues.” Continue Reading Bank of Canada Leaves Rates Unchanged
Homeownership Expenses Consume One-Third of National Average Wage
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
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
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’
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%
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...
Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Cuomo resigned as New York governor in 2020 amid sexual harassment allegations. Continue Reading Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
The announcement follows government plans to train 60,000 construction workers to address a worker shortage in that sector. Continue Reading UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Pulte announced his actions in photographs of the paper-based orders posted to his personal X account. Continue Reading FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions













