Featured Real Estate News
CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
New Home Purchase Mortgage Applications Down in October
Mortgage applications for new home purchases during October were down by 2.6% from one year earlier and were down by 1% from one month earlier, according to data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running...
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
A new forecast from the National Association of Realtors (NAR) is predicting a 14% increase in existing home sales during 2026. NAR Chief Economist Lawrence Yun is expecting improved economic conditions next year with easing mortgage rates and a stronger job market....
Report: White House Officials Tried to Get Pulte Fired
Members of the Trump administration have attempted to get the president to fire Bill Pulte as director of the Federal Housing Finance Agency (FHFA), according to a Wall Street Journal report sourced from unnamed members of the White House team. The Journal reports,...
News & Current Events
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
Arkansas Realtors’ Group Collects 40,000 Pounds of Food for Local Pantries
More than 60 realtors and affiliate members collected food for 18 hunger relief organizations Continue Reading Arkansas Realtors’ Group Collects 40,000 Pounds of Food for Local Pantries
NAR Adopts 2026-2028 Strategic Plan
“NAR is rebuilding trust by executing the largest transformation in real estate history, and this Strategic Plan will be our roadmap,” said NAR CEO Nykia Wright. Continue Reading NAR Adopts 2026-2028 Strategic Plan
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Exclusive News
Mike Rawls to Step Down as Xome’s CEO
Chris Marshall, former vice chairman and president at Mr. Cooper, will succeed Rawls. Continue Reading Mike Rawls to Step Down as Xome’s CEO
Industrial Property Vacancy Rate Up in Q4
Quarterly new leasing activity totaled approximately 130 msf in the fourth quarter and was down 15.7% compared to one year ago. Continue Reading Industrial Property Vacancy Rate Up in Q4
Redfin Lays Off 46 Employees
The company stated that none of its agents were laid off. Continue Reading Redfin Lays Off 46 Employees
Macy’s and Kohl’s Announce Store Closures
“Closing any store is never easy,” said Tony Spring, chairman and CEO of Macy’s Inc. Continue Reading Macy’s and Kohl’s Announce Store Closures
Teresa Carlile Named President at Ridgeland Mortgage
Carlile was previously operations manager for business insurance at Travelers. Continue Reading Teresa Carlile Named President at Ridgeland Mortgage
FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Thompson was sworn in on June 22, 2022. Continue Reading FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Los Angeles Mayor Karen Bass’ leadership during the crisis created a controversy. Continue Reading Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Housing Crisis 2025: John G. Stevens’ Perspective
“As we move further into 2025, the stakes have never been higher,” says publisher John G. Stevens. Continue Reading Housing Crisis 2025: John G. Stevens’ Perspective
Mortgage Rates Inch Closer to 7% Level
The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9. Continue Reading Mortgage Rates Inch Closer to 7% Level