Featured Real Estate News
Mortgage Rates Start Rising Again
Mortgage rates climbed in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. A year ago at this time, it averaged 6.65%. The 15-year...
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Coastal Florida and LA Metro Area Top List of 2025’s Most Expensive Home Sales
Coastal Florida and the Los Angeles metro area dominated the category of the most expensive home sales of 2025. According to data from Redfin, these two markets accounted for eight of the 10 most expensive sales last year. An oceanfront estate in Hawaii and a Bay Area...
NYC Mayor Mamdani to Host ‘Rental Rip-Off’ Hearings
New York City Mayor Zohran Mamdani announced plans to hold a series of public “rental rip-off” hearings that will enable tenants to voice their frustration over their dilapidated rental housing buildings. The New York Times reports the hearings will be used to gather...
Virginia Real Estate Agent Shot in Her Home During New Year’s Eve Burglary
The owner of a Virginia real estate agency was shot in her home during a burglary on New Year’s Eve. The Independent reports Judy Boone, the owner of Judy Boone Realty in Norfolk, was shot three times inside her home. The 72-year-old Boone was taken to the hospital...
News & Current Events
Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
Brinton was previously controller at the American Association of Airport Executives. Continue Reading Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
The GoFundMe campaign is titled “Help Mickey Rourke Stay in His Home” and raised just under $20,000 since its launch on Jan. 4. Continue Reading Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
Meraas Previews Masterplan for New Dubai Waterfront Development
The timeline and budget for the project were not disclosed. Continue Reading Meraas Previews Masterplan for New Dubai Waterfront Development
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Exclusive News
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
The RE/MAX network has a presence in over 110 countries and territories. Continue Reading RE/MAX Expands Global Presence Into Côte d’Ivoire and Bahrain
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
Alabama Home Sales Dropped in April
The median sales price of $224,967 marked a 2.2% monthly decrease ($5,033) and an annual increase of 13.3% from the $198,486 price recorded one year earlier. Continue Reading Alabama Home Sales Dropped in April
New York Real Estate Broker Arrested for Forgery and Identity Theft
An investigation found Jean Maloney forged the business owner’s signature on a real estate sale contract for a property owned by the business. Continue Reading New York Real Estate Broker Arrested for Forgery and Identity Theft
Penn State to Close 7 Campuses
The board voted 25 to 8 to close the DuBois, Fayette, Mont Alto, New Kensington, Shenango Wilkes-Barre and York campuses. Continue Reading Penn State to Close 7 Campuses
Home Sales and Prices Down in Florida
The statewide median sales price for single-family existing homes last month was $412,734, down 4% from the previous year. Continue Reading Home Sales and Prices Down in Florida
Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
The state’s price increases of 63.7% over the past five years outpaced the national average of 55.5%. Continue Reading Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making