Current News & Events
Maine Home Sales and Prices Hold Steady
A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Continue Reading Maine Home Sales and Prices Hold Steady
CoStar Group Targets Zillow with Amicus Brief in MRED Case
“Zillow wants a court order forcing MLSs to hand over their listings while Zillow hoards its own exclusive pre-market inventory,” said Gene Boxer, CoStar Group’s general counsel. Continue Reading CoStar Group Targets Zillow with Amicus Brief in MRED Case
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
The new criminal referrals follow the Trump administration’s failed efforts to secure a mortgage fraud indictment against James. Continue Reading FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
RE/MAX in $8.5 Million Settlement of Batton Lawsuit
The settlement does not require the company to admit liability. Continue Reading RE/MAX in $8.5 Million Settlement of Batton Lawsuit
Better Names Former Fannie Mae CEO Hugh Frater as Director
“He’s exactly the kind of leader you want in the room when you’re rebuilding housing finance,” said Vishal Garg, CEO and founder of Better. Continue Reading Better Names Former Fannie Mae CEO Hugh Frater as Director
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
Mortgage Delinquency Rate Inches Up to 3.72%
A total of 35,000 foreclosure starts were recorded last month, down 16% from January but up 7% from February 2025. Continue Reading Mortgage Delinquency Rate Inches Up to 3.72%
Appreciation Homes LLC Debuts Direct Title Security, an Investment Vehicle Aimed at SFR Properties
“We believe the single-family rental market represents one of the most compelling opportunities in real estate today,” said Appreciation Homes’ Stephen Satterfield. Continue Reading Appreciation Homes LLC Debuts Direct Title Security, an Investment Vehicle Aimed at SFR Properties
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