Featured Real Estate News
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Gloria Siciliano Named 2026 President at New Jersey Realtors
New Jersey Realtors has named Gloria Siciliano as its 2026 president. Siciliano received her broker’s license in 2001 and opened RE/MAX Gateway in Ocean Township, New Jersey, in 2006. She was president-elect in 2025 and treasurer in 2022 and 2023 and serves on New...
Mortgage Rates Tick Up Slightly
Mortgage rates ticked up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19%. A year ago at this time, it averaged 6.60%....
AG Bondi: ‘There is No Investigation into Bill Pulte’
US Attorney General Pam Bondi is refuting media reports that the Department of Justice (DOJ) opened an investigation into Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). On Nov. 20, ABC News reported the DOJ and the FBI opened a probe into Pulte...
News & Current Events
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
The portfolio was aggregated over the last 12 months and encompasses diverse neighborhoods including Nob Hill, Russian Hill, The Castro, Potrero Hill, Hayes Valley, and the Sunset and Richmond Districts. Continue Reading Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
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Exclusive News
Existing Home Sales Up 4.2% in February
First-time buyers were responsible for 31% of sales in February. Continue Reading Existing Home Sales Up 4.2% in February
Home Flipping Activity Declines, Gross Profits Rise
Only 7.6% of home sales in 2024 were flips, down from 8.1% in 2023. Continue Reading Home Flipping Activity Declines, Gross Profits Rise
Bank of England Keeps Rates in Place
The UK central bank’s Monetary Policy Committee (MPC) 8–1 to maintain the Bank Rate at 4.5%. Continue Reading Bank of England Keeps Rates in Place
Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Jonathan Larmore was convicted of one count of tender offer fraud and one count of securities fraud following a one-week trial. Continue Reading Former Real Estate Executive Sentenced for Manipulating WeWork Stock
Rutgers Real Estate Professor Named Trump’s Housing Economist
Morris Davis’ appointment runs through December 2025. Continue Reading Rutgers Real Estate Professor Named Trump’s Housing Economist
Shopoff Realty Investments Acquires California Industrial Property for Residential Development
The company announced that $49 million in acquisition financing for the project was secured with support from JLL Capital Markets. Continue Reading Shopoff Realty Investments Acquires California Industrial Property for Residential Development
QXO Acquires Beacon Roofing Supply for $11 Billion
“Acquiring Beacon is a key milestone in our plan to create substantial shareholder value,” said QXO Chairman and CEO Brad Jacobs. Continue Reading QXO Acquires Beacon Roofing Supply for $11 Billion
Federal Reserve Opts to Hold Rates Steady
The central bank will “maintain the target range for the federal funds rate at 4.25% to 4.5%.” Continue Reading Federal Reserve Opts to Hold Rates Steady
Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
Demand for larger rental units has grown because fewer renters are seeking to become first-time homebuyers Continue Reading Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents