Featured Real Estate News
Mortgage Application Activity Up 8%
Mortgage application activity took a vibrant upswing during the week ending April 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.9% on a seasonally...
Mortgage Application Activity Up 8%
The FHA share of total applications remained unchanged at 18.2% from the week prior. Continue Reading Mortgage Application Activity Up 8%
Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
Maine’s statewide figure of 851 sales of single-family existing homes during March remained unchanged from one year earlier, according to data from the Maine Association of Realtors. Also unchanged year-over-year was the median sales price of $375,000. Judy Oberg, the...
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
Newmark Group Inc. (NASDAQ: NMRK) has hired Philip O'Bannon as senior managing director to lead its infrastructure capital markets business. In this role, O'Bannon will be responsible for expanding Newmark's advisory and capital raising capabilities across the full...
News & Current Events
Existing Home Sales Down During March
The median existing home sales price of $408,800 marked a 1.4% increase from March 2025. Continue Reading Existing Home Sales Down During March
A Phil Hall Op-Ed: How Does ChatGPT View Honesty Among Realtors?
The question “Are realtors honest?” is asked to ChatGPT. How do you think it responds? Continue Reading A Phil Hall Op-Ed: How Does ChatGPT View Honesty Among Realtors?
Texas Gov. Abbott Proposes Tax Relief Plan
“Texas homeowners and renters are being squeezed as their local jurisdictions tout bloated budgets,” said Abbott. Continue Reading Texas Gov. Abbott Proposes Tax Relief Plan
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Exclusive News
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
Report: New Stadium Proposed for Chicago White Sox
Amtrak did not confirm that its 47-acre railroad yard was up for sale. Continue Reading Report: New Stadium Proposed for Chicago White Sox
Compass Drops Lawsuit Against Zillow
“Our goal has always been to give homeowners more choice to decide when, where, and how to market their homes,” said Compass Chairman and CEO Robert Reffkin. Continue Reading Compass Drops Lawsuit Against Zillow
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
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
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings