Featured Real Estate News
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
More than half of Americans believe advances in artificial intelligence (AI) results could make it more difficult for them to become homeowners. According to a survey commissioned by Redfin, nearly three in five respondents (59%) feared that AI will result in the...
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Florida Dominated December’s Luxury Real Estate Market
Florida dominated the luxury real estate market in December, with six of the 10 priciest home sales of the month originating in the Sunshine State. According to data from Redfin, the month’s most expensive sale – a five-acre compound in coastal Miami – was also the...
Top Ranking Democrat Questions Trump’s Proposed Ban on Institutional Investors in Housing Market
The ranking member of the House of Representatives’ Financial Services Subcommittee on Housing and Insurance is finding fault with President Trump’s proposal to ban institutional investors from buying single-family homes. In an interview with the Washington Examiner,...
Pittsburgh’s Housing Authority Advertises for New Executive Director
The Housing Authority of the City of Pittsburgh (HACP) is advertising for a new executive director. The contract for the current executive director, Caster Binion, expires at the end of March. Binion has been at his job for more than 10 years and expressed an interest...
News & Current Events
Existing Home Sales Up 5.8% in December
The $405,400 median existing home price for all housing types marked a 0.4% uptick from the $403,700 price set one year before. Continue Reading Existing Home Sales Up 5.8% in December
FHFA’s Pulte Threatens Builders Over Stock Repurchasing
“Our preference is to use carrots, but sticks are on the table,” Pulte said. Continue Reading FHFA’s Pulte Threatens Builders Over Stock Repurchasing
Alec Baldwin Shoots Down the Price on Hamptons Mansion
The property is now being offered at $19.9 million. Continue Reading Alec Baldwin Shoots Down the Price on Hamptons Mansion
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Exclusive News
Trump Organization Expands Into Mobile Phone Sector
The mobile phone plan will start at $47.45 a month, a reference to Trump serving as the 45th and 47th president. Continue Reading Trump Organization Expands Into Mobile Phone Sector
Florida Realtors Education Foundation Allocates $233,000 in Scholarships
All recipients are Florida residents and will attend community colleges, four-year universities, graduate programs or law schools, both in state and out-of-state. Continue Reading Florida Realtors Education Foundation Allocates $233,000 in Scholarships
Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Martell replaces Shane Paladin, who stepped down in April – he had only served in the executive leadership role in January. Continue Reading Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Historic San Francisco Theater to be Renovated and Reopened
Ted Gerike, founder of the Los Angeles cinema and bookstore Now Instant Image Hall, was hired as the theater’s creative director. Continue Reading Historic San Francisco Theater to be Renovated and Reopened
HUD and Ginnie Mae in Housing Finance Deal with South Korea
The agreement is designed to identify and remove barriers to public and private capital flows into housing finance systems, with an emphasis on long-term, stable investment. Continue Reading HUD and Ginnie Mae in Housing Finance Deal with South Korea
Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
According to the companies, M2B Mortgage was created to “provide a more personalized, streamlined, and reliable lending experience.” Continue Reading Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations
The duo hired contractors to remodel former office spaces for their secret living quarters. Continue Reading Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations