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
Regional Group Acquires Ottawa Office Tower
The property investment firm Regional Group has acquired 150 Slater Street, a 19-story office tower in downtown Ottawa. The 500,000-square-foot property is 100% occupied with office and ground floor retail tenants, including the global headquarters of Export...
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected
An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
New Bill Would Exempt Homebuilding Materials from Tariffs
A new bill was introduced in the US Senate that would exclude homebuilding materials from President Trump’s tariff policy. The Housing Tariff Exclusion Act is designed to automatically exempt many homebuilding materials from current and future tariffs. Importers would...
News & Current Events
Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
Rita Ortiz was arrested on Thursday and faces 25 counts of filing a false or forged document with a public office. Continue Reading Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
HUD noted it is only serving one-quarter of eligible Americans in need of housing assistance. Continue Reading HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
The 47-acre Palms Crossing is currently 98% leased and is anchored by Best Buy, Hobby Lobby, Burlington Coat Factory, Barnes & Noble and Nike. Continue Reading CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
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Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Enrollment in the CreditClimb service costs $20 per year. Continue Reading Zillow and Esusu Offer CreditClimb, a Credit-Building Tool for Renters
Corcoran Atlantic Opens First Office in Portugal
“Portugal is not just a beautiful place to live, it’s a smart place to invest,” said Pamela Liebman, president and CEO of The Corcoran Group. Continue Reading Corcoran Atlantic Opens First Office in Portugal
What Role Does Thanksgiving Play in Homebuying?
Gen Z stands out as the only group tilting toward an extra bathroom (48%) over an extra bedroom (39%). Continue Reading What Role Does Thanksgiving Play in Homebuying?
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat