Featured Real Estate News
White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
The White House is claiming that Federal Reserve Chairman Jerome Powell is willing to leave the central bank’s Board of Governors after his term expires, although Powell has never made any public comment to support that notion. In an interview this morning on Fox...
White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
This is not the first time that the White House offered claims about Powell’s departure. Continue Reading White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Toll Brothers Opens New Luxury Community in Pennsylvania
The luxury homebuilder Toll Brothers Inc. (NYSE:TOL) announced the grand opening of Linden Ridge, a boutique community of 26 single-family homes in Collegeville, Pennsylvania. Linden Ridge offers two-story home designs ranging from approximately 2,776 to over 3,700...
News & Current Events
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Justin Holder has been the subject of a probe conducted by the Tennessee Bureau of Investigation since last May. Continue Reading Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Magistrate Blocks Funding Plan for New Cleveland Browns Stadium
A temporary restraining order has been in place against this funding plan since December. Continue Reading Magistrate Blocks Funding Plan for New Cleveland Browns Stadium
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Exclusive News
Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
Federal Reserve appointments require Senate confirmation and are not unilaterally enacted by presidential declaration. Continue Reading Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
FTC Warns Property Management Software Firms on Pricing Transparency
The FTC did not identify which companies received the letters. Continue Reading FTC Warns Property Management Software Firms on Pricing Transparency
Foreclosure Activity Up Annually for Ninth Straight Month
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. Continue Reading Foreclosure Activity Up Annually for Ninth Straight Month
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Avalon Risk Management Debuts Hurricane Insurance Product
The new product can provide coverage to hurricane-prone areas from Brownsville, Texas through Newport News, Virginia. Continue Reading Avalon Risk Management Debuts Hurricane Insurance Product
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Wang’s team closed 430 homes totaling $425 million in sales volume in 2024. Continue Reading Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage