Featured Real Estate News
Missouri House Approves Property Tax Relief Bill That Reduces School Tax Levy
The Missouri House of Representatives approved a bill that would reduce the minimum property tax levy school districts can charge from $2.75 to $2.20 per $100 of assessed value. KFVS reports the bill, if passed, would enact the reduction in the 2026–27 school year....
Missouri House Approves Property Tax Relief Bill That Reduces School Tax Levy
Rep. Tim Taylor, a Republican who sponsored the bill, said the change would not impact school finances. Continue Reading Missouri House Approves Property Tax Relief Bill That Reduces School Tax Levy
30-Year Fixed-Rate Mortgage Sinks to 6.01%
Mortgage rates hit their lowest level since September 2022, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.01% as of Feb. 19, down from last week when it averaged 6.09%. A year...
Pending Home Sales Dipped in January
Pending home sales during January dropped by 0.8% from the prior month and by 0.4% year-over-year, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South....
Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme
A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
News & Current Events
Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
Mortgage Applications on New Home Purchases Up During January
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Gregg Metcalf Joins Cushman & Wakefield as Executive Director
Metcalf joins the company from JLL, where he was executive vice president of tenant representation. Continue Reading Gregg Metcalf Joins Cushman & Wakefield as Executive Director
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Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
This year, the bank’s Affordable Housing Program General Fund will provide up to $1.75 million per project. Continue Reading Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
Activist Investor Seeks New Board for CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, is calling for a change of leadership at CoStar Group (NASDAQ: CSGP), claiming the company’s pursuit of the residential real estate industry has...
Redfin to Run Super Bowl Ad Featuring Lady Gaga
The Grammy winner reimagines “Won’t You Be My Neighbor?” in the advertisement. Continue Reading Redfin to Run Super Bowl Ad Featuring Lady Gaga