Featured Real Estate News
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
A federal court in Texas vacated the Financial Crimes Enforcement Network's (FinCEN) 2024 residential real estate reporting rule that required for title companies to report non-financed transfers to entities and trusts. The FinCEN rule requires title companies to...
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Buffalo Mayor Sean Ryan is warning city residents that they could soon face a 25% property tax hike. WIVB reports the upstate New York city faces an estimated $109 million deficit, with significant gaps in resources. “We’re down about 50% of the garbage trucks we...
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Chicago is now home to the nation’s highest hotel tax after the City Council unanimously voted on Wednesday to create a Tourism Improvement District and raise the tax on hotel rooms within that district to 19%. According to the Chicago Sun-Times, the current combined...
Maine Home Values Increased in February While Sales Declined
Fewer homes were sold in Maine during February while home prices continued to rise. According to data from the Maine Association of Realtors, 691 homes were sold statewide last month, an 8.84% decrease. Amid the decline in sales activity, home prices surged by 3.47%...
News & Current Events
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
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
Recent Posts
Hits and Misses for the Real Estate Week of March 16-20
Virginia Home Sales Up 7.4% in February
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
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
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Exclusive News
Chase Opens New Pacific Palisades Branch to Replace Wildfire-Destroyed Location
The branch offers on‑site valet parking, complimentary Wi‑Fi and two ATMs. Continue Reading Chase Opens New Pacific Palisades Branch to Replace Wildfire-Destroyed Location
Zip Your Flyer Unveils MagicTOURS Listing Video Product
The videos come complete with realistic fireplace motion, cloud movement, water effects, and smooth room panning. Continue Reading Zip Your Flyer Unveils MagicTOURS Listing Video Product
Hoover’s Hatchery Unveils State-of-the-Art Chicken Coop for Your Fine-Feathered Tenants
The US backyard poultry market is now at approximately 11 million households, roughly 13% of the population. Continue Reading Hoover’s Hatchery Unveils State-of-the-Art Chicken Coop for Your Fine-Feathered Tenants
Home Flipping Activity at 5-Year Low
The typical flipped home netted $65,981 in gross profit, down from $77,000 in 2024. , Continue Reading Home Flipping Activity at 5-Year Low
Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
“This strategic partnership will reshape the future of our industry,” said Michael Middleman, chairman of Moder. Continue Reading Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
Two Harbors Receives Unsolicited Acquisition Bid That Would Cancel Merger with UWM
UWM Holdings did not immediately issue a public comment on this development. Continue Reading Two Harbors Receives Unsolicited Acquisition Bid That Would Cancel Merger with UWM