Featured Real Estate News
Federal Reserve Maintains Rate Range
The Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote...
Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
Mill Creek Residential Breaks Ground on Single-Family BTR Community in Austin
Mill Creek Residential has broken ground on its latest Texas development: Amavi Northwest Austin, a single-family, build-to-rent (BTR) community in the Northwest Austin/Round Rock metropolitan area. The gated, pet-friendly community will feature 144 three- and...
Democrat Senator Calls on Trump to Declare National Emergency on Housing
Sen. Elissa Slotkin (D-MI) has called on President Trump to declare a national housing emergency while introducing a new bill that would grant him executive power to increase home construction production. In an interview with MS Now, Slotkin said that her National...
Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
The owner of a historic San Francisco theater that was shuttered since the pandemic plans to demolish the property and replace it with multifamily housing. SFGate reports Jesse Appleton had initially planned to restore and reopen the Empire Theater, which opened in...
News & Current Events
Builders Predict Construction Uptick in Single-Family Housing for 2026
“While mindful of some weakening for the labor market, the economy remains in solid shape,” said Robert Dietz, NAHB chief economist. Continue Reading Builders Predict Construction Uptick in Single-Family Housing for 2026
New Sweepstakes Offers 3 Mississippi Homes as Grand Prize
The newly launched American Dream Property Giveaway runs through July 3 and is open to eligible US adult residents (excluding Florida and New York). Continue Reading New Sweepstakes Offers 3 Mississippi Homes as Grand Prize
MBA Brings the Mortgage Banking Bound Program to Louisiana State University
LSU is the fourth school offering this course. Continue Reading MBA Brings the Mortgage Banking Bound Program to Louisiana State University
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Exclusive News
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
The buildings’ construction will be funded by G42 while the data center will be operated by OpenAI and the tech company Oracle. Continue Reading OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
The property is slated to be auctioned on June 18 by Paramount Realty USA. Continue Reading Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
Existing Home Sales Down by 0.5% in April
The median existing-home price for all housing types in April was $414,000, up 1.8% from the $406,600 in April 2024. Continue Reading Existing Home Sales Down by 0.5% in April
Appraisal Institute Ousts Vice President Accused of Sexual Harassment
Craig Steinley called the ouster “a deliberate act of retaliation driven by internal politics.” Continue Reading Appraisal Institute Ousts Vice President Accused of Sexual Harassment
$16.9 Million Allocated for Virginia Workforce Housing Investment Program
The program aims to increase the workforce housing supply in areas that have new or expanding businesses. Continue Reading $16.9 Million Allocated for Virginia Workforce Housing Investment Program
Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
“Nationally, dwelling prices rose by 4.9% over 2024 and by a further 0.7% over the first three months of 2025,” the report said. Continue Reading Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’
The bill passed this morning in a 215-214 House vote. Continue Reading NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’
Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
Fannie Mae and Freddie Mac were put in federal conservatorship in September 2008. Continue Reading Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon