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NAR Taps David Conroy for Newly Created Chief Data Officer Role
Most recently, Conroy served as chief technology officer at the California Association of Realtors. Continue Reading NAR Taps David Conroy for Newly Created Chief Data Officer Role
NAR Taps David Conroy for Newly Created Chief Data Officer Role
Most recently, Conroy served as chief technology officer at the California Association of Realtors. Continue Reading NAR Taps David Conroy for Newly Created Chief Data Officer Role
Mortgage Rates at 10-Month Low
The 30-year fixed-rate averaged 6.58% as of Aug. 14, 2025, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.63%; it also marked the lowest level recorded year-to-date. A year...
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Treasury Secretary Scott Bessent is walking back demands he made yesterday that the Federal Reserve cut rates by 50 basis points at its next policy meeting in September. In an interview on Fox Business this morning, Bessent insisted, “I didn't tell the Fed what to do....
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
The number of residential properties sold in Texas to international buyers is up by nearly 9% year-over-year, according to the 2025 Texas International Residential Transactions Report released by Texas Realtors. The new report found nearly 7,500 buyers from other...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: Bill Pulte’s Obsessive Attacks on Jerome Powell
The FHFA director has been endlessly berating the Federal Reserve chairman over the past several days. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Obsessive Attacks on Jerome Powell
$3.48 Million LA Home Now Available for Cryptocurrency Purchase
The 4,545-square foot residence within the 0.44-acre property is within a 24/7 guard-gated and patrolled community. Continue Reading $3.48 Million LA Home Now Available for Cryptocurrency Purchase
Charles Jones to Lead Multifamily Housing Finance at Western Alliance Bank
He was previously managing director and vice president of originations at M&T Realty Capital Corporation. Continue Reading Charles Jones to Lead Multifamily Housing Finance at Western Alliance Bank
Mortgage Rates Decline for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.67% as of July 3. Continue Reading Mortgage Rates Decline for Fifth Straight Week
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Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Mortgage rates were at a historic low of 2.65% in 2021 before soaring to decade-long highs of 7.79% in the fall of 2023. Continue Reading Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year
Real Estate Developer Westcliff Acquires New Brunswick’s Largest Shopping Center
Located on a 60-acre site, the 784,372-square-foot Champlain Place hosts over 150 stores. Continue Reading Real Estate Developer Westcliff Acquires New Brunswick’s Largest Shopping Center
Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer
The hotel last changed hands in 2014 when it was acquired by an affiliate of Lowe’s Enterprises for $20.4 million. Continue Reading Historic San Jose Hotel Sells for $11 Million, Nearly 44% Below its Last Transfer
Texas Woman Sentenced for Defrauding Real Estate Investors
Mueting was free on a $50,000 unsecured bond while awaiting sentencing. Continue Reading Texas Woman Sentenced for Defrauding Real Estate Investors
Appraisal Industry Warns Against GSE Waiver Updates from FHFA
The FHFA’s policy changes expand eligibility for appraisal waivers and inspection-based appraisal waivers. Continue Reading Appraisal Industry Warns Against GSE Waiver Updates from FHFA
Realty One Group Expands Into Uruguay
This is the company’s 22nd country with a franchise. Continue Reading Realty One Group Expands Into Uruguay
California Realtors Report More Canceled Sales Due to Insurance Challenges
Furthermore, 21% of realtor respondents said they had clients who are using the FAIR Plan Continue Reading California Realtors Report More Canceled Sales Due to Insurance Challenges
Pending Home Sales Up 7.4%
Year-over-year, pending transactions were up by 2.6%. Continue Reading Pending Home Sales Up 7.4%
Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes
The financial terms of the acquisition were not disclosed. Continue Reading Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes
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