Featured Real Estate News
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
The Boston real estate market has a problem that you won’t find in any other city: approximately 8,000 properties are at risk of sinking and crumbling. Boston 25 News reports the properties were constructed on wooden foundations that were laid on filled land between...
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Wood pilings can last for centuries underwater, but they begin to decay when exposed to oxygen. Continue Reading Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations
Indiana Home Sales Up 4%
A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year. According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings...
NYC Rents Soared in Month Before Mamdani’s Election
New York City’s rents continued to soar in the month before Democratic Socialist Zohran Mamdani was elected mayor. According to new data from Miller Samuel Inc. and Douglas Elliman, the median rent for all new Manhattan apartment leases in October was $4,600, up by...
California Realtors Back Assumable Mortgage Idea
The California Association of Realtors (CAR) voiced its support of enabling homebuyers to assume Fannie Mae and Freddie Mac-backed fixed-rate mortgages. Bill Pulte, the director of the Federal Housing Finance Agency, used his personal X account last week to declare...
News & Current Events
Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
The Secret Service is working to identify victims eligible for consideration for compensation with the forfeited funds. Continue Reading Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Rep. Eric Swalwell (D-CA) has become the latest target of mortgage fraud accusations leveled by Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). NBC News, sourcing its coverage from an unnamed “person familiar with the referral,” reports that Pulte sent a criminal referral to the Department of Justice (DOJ) alleging Swalwell committed… Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
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CBRE, Citadel Sign New Leases for Manhattan Office Spaces
CBRE will move into the Lever House while Citadel will occupy the Tishman Building. Continue Reading CBRE, Citadel Sign New Leases for Manhattan Office Spaces
Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO
Chris was previously an executive advisor at Anywhere Real Estate Inc. Continue Reading Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO
Redfin: Housing Affordability Improved Slightly in 2024
The median monthly housing payment for homebuyers hit a record of $2,920 in 2024, rising 4.3% from 2023 and 86% from 2019. Continue Reading Redfin: Housing Affordability Improved Slightly in 2024
The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model
The initiative will create a structured, hands-on model tailored to rural and agricultural property appraisals. Continue Reading The Appraisal Foundation and Farm Credit System Launch Rural Appraisal Practicum Model
Saudi Arabia to Create Securitization Market for RMBS
The endeavor is designed to “attract a diverse base of local and global investors in the secondary mortgage market.” Continue Reading Saudi Arabia to Create Securitization Market for RMBS
Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision
Barr served as vice chairman for supervision since July 19, 2022. Continue Reading Michael S. Barr Steps Down as Federal Reserve’s Vice Chairman for Supervision
Justin Trudeau Resigns as Canada’s Prime Minister
Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Continue Reading Justin Trudeau Resigns as Canada’s Prime Minister
A Phil Hall Op-Ed: Five Questions for the Trump Team
Editor Phil Hall asks the upcoming 47th president some questions regarding housing-related matters. Continue Reading A Phil Hall Op-Ed: Five Questions for the Trump Team
Two Presidents of Las Vegas Realtors Quit in the Same Day
2025 President-elect George Kypreos took the leadership reins. Continue Reading Two Presidents of Las Vegas Realtors Quit in the Same Day