Featured Real Estate News
First Community Credit Union Acquires Houston Office Tower as New HQ
First Community Credit Union (FCCU) has purchased the former Noble Energy Center Two, a Class A Houston office tower, to become the future home of its new corporate headquarters. The 20-story tower was built in 2015 and encompasses approximately 470,623 rentable...
First Community Credit Union Acquires Houston Office Tower as New HQ
The financial terms of the purchase were not disclosed. Continue Reading First Community Credit Union Acquires Houston Office Tower as New HQ
Swalwell Sues Pulte Over Mortgage Fraud Allegations
Rep. Eric Swalwell (D-CA) has filed a lawsuit against Bill Pulte, the director of the Federal Housing Finance Agency, accusing him of violating the First Amendment and the Privacy Act of 1974 in his criminal referral to the Department of Justice that alleged the...
New Data Points to Deceleration in Home Prices
Two new data reports show home prices are still rising, albeit at a slower pace. The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3% annual gain for September, down from a 1.4% rise in the previous month. The 10-City Composite annual...
Alabama Home Sales Down During October
Home sales across Alabama slumped in October, falling 4.7% from the previous month and slipping by 1.7% from one year earlier. A total of 5,773 sales were transacted last month, according to the Alabama Association of Realtors. The 20,866 active monthly listings at...
News & Current Events
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Fannie and Freddie Conforming Loan Limits Raised for 2026
The increase is linked to the 3.26% house price increase recorded between the third quarters of 2024 and 2025. Continue Reading Fannie and Freddie Conforming Loan Limits Raised for 2026
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
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UK Government Plans to Build Up to 12 New Towns to Alleviate Housing Shortage
“We’re urgently using all levers available to build the homes we need so more families can get on the housing ladder,” said Prime Minister Keir Starmer. Continue Reading UK Government Plans to Build Up to 12 New Towns to Alleviate Housing Shortage
Nevada Governor Seeks State Resolution Calling to Release Federal Land for Housing
“Projections indicate that Washoe County could run out of developable land by 2027,” said Gov. Lombardo. Continue Reading Nevada Governor Seeks State Resolution Calling to Release Federal Land for Housing
Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion
The Amsterdam-based Arcona Property Fund (APF) acquired a land plot in central Kyiv for $2 million. Continue Reading Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion
Redfin to Lay Off 450 Employees Following Partnership with Zillow
The Seattle-based company did not release a press statement on the layoffs. Continue Reading Redfin to Lay Off 450 Employees Following Partnership with Zillow
Craft Retailer Jo-Ann Plans to Close 500 Stores
The company blamed rising inflation and the disruptions created by the Covid-19 pandemic for its current financial difficulties. Continue Reading Craft Retailer Jo-Ann Plans to Close 500 Stores
DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Four FEMA employees who conducted the transaction, including Chief Financial Officer Mary Comans, have been fired by the DHS. Continue Reading DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
The typical home that sells takes 56 days to go under contract, the longest span in nearly five years. Continue Reading Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
Canada is dealing with a population that swelled by 17.4% between 2006 and 2021. Continue Reading New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers