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REMAX: March Home Sales Up Nearly 32% From February
March home sales posted the largest month-over-month increase in three years, according to the latest REMAX National Housing Report. Across the 50 metro areas surveyed for the report, home sales surged by 31.6% from February to March, the strongest monthly increase...
REMAX: March Home Sales Up Nearly 32% From February
The median sales price increased to $440,000 last month, which was $10,000 (2.3%) higher than February and $5,000 (1.1%) more than March 2025. Continue Reading REMAX: March Home Sales Up Nearly 32% From February
National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Nationwide Mortgage Bankers (NMB) has promoted Yasser Valdes Herrera to president of Americasa, the company’s Spanish-language mortgage platform. Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. He served as...
Hits and Misses for the Real Estate Week of April 6-10
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April...
NAR in $52.25 Million Settlement of Tuccori Commissions Lawsuit
The National Association of Realtors (NAR) announced it has reached a settlement resolving claims brought by homebuyers in the class-action antitrust lawsuit Tuccori v. At World Properties related to buyer-agent commissions. Under the terms of the settlement, which is...
News & Current Events
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
his is slightly above the all-time low of 20% recorded in 2024. Continue Reading First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
The median sold price of $425,000 was a 3.7% uptick from the $410,000 price from 12 months before. Continue Reading Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
The new bank plans to open later this year and will serve commercial businesses, consumers and private wealth clients. Continue Reading Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
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New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
“Our client believes the existing Soldier Field site is the ideal location for a world-class venue,” said Edward Peck, managing director of Edward Peck Design. Continue Reading New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
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
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
The tax increase applies to room rates at hotels with 100 or more rooms. Continue Reading Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Maine Home Values Increased in February While Sales Declined
February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800. Continue Reading Maine Home Values Increased in February While Sales Declined
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings