Featured Real Estate News
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Sterling Organization Acquires Connecticut Shopping Center
Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
Judge Halts Trump Efforts to Block CFPB Funding
A federal judge with a track record of ruling against the Trump administration’s actions on the Consumer Financial Protection Bureau (CFPB) has issued a new ruling blocking the White House attempt to stop funding the agency. CBS News reports US District Judge Amy...
New Reports Detail How LA Wildfires Changed Local Housing Market
As the first anniversary of the Los Angeles County wildfires approaches, two new data reports offer an overview of the catastrophe’s impact on the local housing market. Redfin reports real estate investors are buying roughly 40% of the land selling in areas impacted...
News & Current Events
Iowa Home Sales Decline While Prices Rise 7%
Median sales price increased 7% to $244,950 in November from the $229,000 of one year before. Continue Reading Iowa Home Sales Decline While Prices Rise 7%
Report: Australian Home Prices Could Double by 2030
Buyers could be paying 75% more for homes in Adelaide by 2030. Continue Reading Report: Australian Home Prices Could Double by 2030
Nicholas Adler Named Board Chairman at La Rosa Holdings
Adler has served as a partner at Brock & Scott PLLC since 2012. Continue Reading Nicholas Adler Named Board Chairman at La Rosa Holdings
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Exclusive News
Coldwell Banker Expands Presence to Belgium
The office is located in Uccle, an upscale neighborhood in the Belgian capital of Brussels. Continue Reading Coldwell Banker Expands Presence to Belgium
Beeline Launches Stablecoin-Backed Home Equity Product
Beta transactions starting this month and an official rollout is scheduled for late July. Continue Reading Beeline Launches Stablecoin-Backed Home Equity Product
New Bill Would Eliminate Property Taxes for Maine’s Seniors
Property tax rates in Maine average 1.17%, above the national average of 0.9%. Continue Reading New Bill Would Eliminate Property Taxes for Maine’s Seniors
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
Toronto Home Sales Down 13.3% From One Year Ago
The average selling price of $1.12 million was 4% below the level set one year before. Continue Reading Toronto Home Sales Down 13.3% From One Year Ago
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week