Featured Real Estate News
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
Hits and Misses for the Real Estate Week of Oct. 27-31
Government officials being forced out of their homes by threats of violence, Zohran Mamdani's silence on contentious housing proposals, and a soccer stadium where you’d least expect it. From the wild and wooly world of real estate, here are our Hits and Misses for the...
Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
A mere 28 out of every 1,000 homes changed hands this year, which covers 2.77% of the national housing inventory. That is down slightly from last year’s 2.78% share, and it is the lowest turnover rate in at least 30 years. According to a data report from Redfin, the...
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...
News & Current Events
Fed to Reduce Staff in Banking Supervision Group by 30%
The reduction is expected to be completed by the end of 2026. Continue Reading Fed to Reduce Staff in Banking Supervision Group by 30%
Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’ remarks. Continue Reading Florida House Speaker: DeSantis ‘Small and Petty’ with Property Tax Comments
Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project
Related will build the facilities and infrastructure for this project while Oracle will lease the campus. Continue Reading Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project
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Exclusive News
Report: Refinancing Fueled Q3 Mortgage Lending Activity
Mortgage rollovers were up by 6.9% quarterly to about 588,000. Continue Reading Report: Refinancing Fueled Q3 Mortgage Lending Activity
$2.3 Million Settlement in AI-Screening Discrimination Lawsuit
The settlement resolves a 2022 class action lawsuit in Massachusetts. Continue Reading $2.3 Million Settlement in AI-Screening Discrimination Lawsuit
Cryptocurrency Purchases for Real Estate Available in South Africa
Schindlers Digital Assets is now offering cryptocurrency conversion services that adhere to South African financial regulation. Continue Reading Cryptocurrency Purchases for Real Estate Available in South Africa
California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses
Police located Joshua Lamont at a hotel in Walnut Creek, where he was arrested on Nov. 20. Continue Reading California Man Pretending to be Real Estate Agent Arrested for Burglarizing Open Houses
VanWest Partners Acquires Three Self-Storage Properties
All three facilities will be operated by ClearHome Self Storage, VanWest’s vertically integrated management platform. Continue Reading VanWest Partners Acquires Three Self-Storage Properties
Tampa Bay Rays Warn They May Never Move Into New Stadium
“The Rays organization is saddened and stunned by this unfortunate turn of events” said the team’s co-presidents Brian Auld and Matt Silverman Continue Reading Tampa Bay Rays Warn They May Never Move Into New Stadium
Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’
The mayor is now presenting a $150 million proposal. Continue Reading Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’
Survey: Most Buyers Move to Find a Bigger and Better Home
Redfin found that women (20%) were more likely than men (13.8%) to cite a concern for safety/crime as a reason for moving. Continue Reading Survey: Most Buyers Move to Find a Bigger and Better Home
Donald Coulter Steps Down as Chief Executive at MCAN Mortgage
Board Chairman Derek Sutherland has been appointed interim CEO until a permanent successor is appointed. Continue Reading Donald Coulter Steps Down as Chief Executive at MCAN Mortgage



































