Featured Real Estate News
Mortgage Rates Decline for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.30% as of April 16, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTGCQB: FMCC). This is down from last week when it averaged 6.37% and is the second consecutive week of a declining rate. A...
Mortgage Rates Decline for Second Straight Week
“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week
Report: FHFA’s Pulte Responsible for Introducing Trump to Controversial Meme
A new report has identified Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), as being responsible for calling President Trump's attention to post a controversial meme depicting him as a Christ-like healer. According to an Axios report sourced...
Builder Confidence at 7-Month Low
Builder confidence in the market for newly built single-family homes evaporated in the latest Housing Market Index (HMI) published by the National Association of Home Builders (NAHB), dropping four points in April to 34, its lowest level since September 2025. Any...
Percentage of First-Time Homebuyers Falls to All-Time Low
The number of first-time homebuyers has dropped to an all-time low, according to the 2026 Homebuyers and Sellers Generational Trends report from the National Association of Realtors (NAR). Among the age demographics, Baby Boomers accounted for 42% of today’s property...
News & Current Events
Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board
“I’ve wanted to fire him, but I hate to be controversial,” Trump said. Continue Reading Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
The 32-story Art Deco property was built in 1929 as the corporate headquarters for utilities mogul Wilbur Foshay. Continue Reading Foshay Tower, Historic Minneapolis Property, Faces Foreclosure
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Mortgage Rates Decline for Second Straight Week
Q1 Foreclosure Filings Up 26% From Last Year
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Obama HUD Chief: Trump Housing Rule Would ‘Scapegoat Immigrants’
“American citizens, too, would become collateral damage,” Castro claimed. Continue Reading Obama HUD Chief: Trump Housing Rule Would ‘Scapegoat Immigrants’
Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
Sales in the Northeast decreased 12.2% year-over-year while the median sales price increased 5.7% to $494,500. Continue Reading Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Construction on Phase 1 infrastructure, including demolition, road networks and storm drain systems, is currently underway. Continue Reading WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
O’Bannon joins Newmark from Citigroup, where he spent seven years in the power and utilities investment banking group. Continue Reading Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
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
Peachtree Group Taps Mike Morey as EVP for Capital Markets
Earlier in his career, he served as vice president and regional manager at Intervest Mortgage Investment Co. Continue Reading Peachtree Group Taps Mike Morey as EVP for Capital Markets
Activist Investor Withdraws Demand for Board Change at CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...