Featured Real Estate News
Mortgage Rates Rise for Fifth Straight Week
Mortgage rates for the fifth straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. A year ago at this time, it...
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
A Phil Hall Op-Ed: In Search of New Homes
A Phil Hall Op-Ed: Last week, the National Association of Home Builders (NAHB) number-crunched data from the American Community Survey and came up with a remarkable result: Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly...
New Data Reports Find Cooling but Continued Home Price Gains
Two new data reports tracking January's housing market found home prices are continuing to rise, albeit at a much slower pace. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 0.9% annual gain in January, down from a 1.1% rise in the...
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Chicago Bears President Kevin Warren is giving Illinois lawmakers more time to formulate a legislative solution that would keep the football team from relocating to Indiana. In an interview with NBC Sports, Warren stated, “We don’t have a set deadline, but I am...
News & Current Events
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac
“Fannie and Freddie are stupidly cheap…They could be a 10X and it could happen soon,” he said. Continue Reading Bill Ackman Spurs Investors to Buy Shares in Fannie Mae and Freddie Mac
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Report: 46% More Sellers Than Buyers in Housing Market
The strongest buyer’s market last month was Miami, which had an estimated 163% more sellers than buyers. Continue Reading Report: 46% More Sellers Than Buyers in Housing Market
Zillow Signs Multiyear Partnership with Major League Baseball
Under the terms of the agreement, Zillow will become the official real estate and home rentals marketplace partner of MLB. Continue Reading Zillow Signs Multiyear Partnership with Major League Baseball
Nicole Smith Joins A&G Real Estate Partners as Head of Marketing and Communications
She joins the firm from Puro.earth, a Nasdaq-backed carbon-crediting platform and financial services company. Continue Reading Nicole Smith Joins A&G Real Estate Partners as Head of Marketing and Communications
Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
The four most expensive homes sold last month brought in $50 million or more, while all 10 sold for north of $30 million. Continue Reading Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
Two Harbors Investment Corp. Identifies CrossCountry Mortgage as New Bidder for Merger
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...
New York State Housing Inventory at Record Low
The statewide median sales price last month was $425,000, unchanged from February 2025. Continue Reading New York State Housing Inventory at Record Low
David Simon, Chief Executive of Simon Property Group, Dies at 64
Under his leadership, Simon Property Group owned or held interests in more than 250 properties comprising over 200 million square feet. Continue Reading David Simon, Chief Executive of Simon Property Group, Dies at 64
11 Arrested for Running Fraud Ring Targeting Elderly California Homeowners
Eleven defendants have been arrested for running a real estate crime ring that stole the identities of elderly homeowners for title deed theft and loan fraud. According to the indictment, between January 2021 to May 2023 the fraudsters obtained the personal...
Mid-Atlantic Home Sales Down Amid Decline in New Listings
“The outlook for the spring homebuying season in the Mid-Atlantic has become cloudier,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Down Amid Decline in New Listings