Featured Real Estate News
Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025
The housing supply gap reached an estimated 4.03 million homes in 2025, increasing from 3.8 million in 2024, according to a new data report from Realtor.com. Last year saw the formation of approximately 1.41 million households, compared with 1.36 million housing...
Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025
The South carried the largest cumulative deficit at 1.62 million homes. Continue Reading Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025
New Jersey Home Sales Slump While Prices Keep Rising
New Jersey recorded 4,332 single-family closed sales during November, an 8.2% decline from the 4,721 transactions recorded one year earlier. Pending sales totaled 3,999, a 7.9% drop from the 4,343 pending sales in November 2024. According to data from New Jersey...
$15 Million Allocated for Virginia Workforce Housing Investment Program
Gov. Glenn Youngkin announced the allocation of over $15 million in funding for the Virginia Workforce Housing Investment Program. The program provides loans, loan subsidies, and grants to support communities developing housing for homeowners and renters making 80% to...
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
News & Current Events
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
This development follows the company’s ongoing progress toward its proposed merger with FG Merger II Corp. Continue Reading Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
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New Forecast Warns of Double-Digit Collapse in Dubai’s Real Estate Prices
Real estate is an important aspect of Dubai’s economy, with $207.22 billion in transactions last year. Continue Reading New Forecast Warns of Double-Digit Collapse in Dubai’s Real Estate Prices
New Jersey’s Bergen County to Put Property Deeds on Blockchain Network
This endeavor will impact the property record management for 370,000 property deeds representing roughly $240 billion worth of real estate in 70 municipalities. Continue Reading New Jersey’s Bergen County to Put Property Deeds on Blockchain Network
Ethan Penner, Father of the CMBS, Weighs Bid for California Governor
Penner is critical of Gov. Gavin Newsom, particularly in his handling of the Los Angeles County wildfires. Continue Reading Ethan Penner, Father of the CMBS, Weighs Bid for California Governor
Pending Home Sales Down 6.3% in April
All four regions recorded a month-over-month loss in transactions. Continue Reading Pending Home Sales Down 6.3% in April
Data Reports Affirm Housing Supply Outpaces Demands
“The balance of power in the US housing market has shifted toward buyers,” said Redfin Senior Economist Asad Khan. Continue Reading Data Reports Affirm Housing Supply Outpaces Demands
South Dakota Businessman Pledges to End Property Taxes in Run for Governor
Toby Doeden is seeking the Republican nomination in the 2026 race. Continue Reading South Dakota Businessman Pledges to End Property Taxes in Run for Governor
Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums
The special session begins June 2. Continue Reading Missouri to Hold Special Legislative Session on Funding Kansas City’s Stadiums
Nuveen Launches 1031 Real Estate Exchange Platform
The new platform is structured as an Umbrella Partnership Real Estate Investment Trust (UPREIT) program. Continue Reading Nuveen Launches 1031 Real Estate Exchange Platform
Report: Texans Lead the Nation for Buying Newly Constructed Homes
Texans were also ahead of the nation for buying multi-generational homes. Continue Reading Report: Texans Lead the Nation for Buying Newly Constructed Homes