Featured Real Estate News
Existing Home Sales Down During March
Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...
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
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
Buffalo Mayor Sean Ryan is warning city residents that they could soon face a 25% property tax hike. WIVB reports the upstate New York city faces an estimated $109 million deficit, with significant gaps in resources. “We’re down about 50% of the garbage trucks we...
Chicago Boosts Hotel Tax, Making it the Nation’s Highest
Chicago is now home to the nation’s highest hotel tax after the City Council unanimously voted on Wednesday to create a Tourism Improvement District and raise the tax on hotel rooms within that district to 19%. According to the Chicago Sun-Times, the current combined...
Maine Home Values Increased in February While Sales Declined
Fewer homes were sold in Maine during February while home prices continued to rise. According to data from the Maine Association of Realtors, 691 homes were sold statewide last month, an 8.84% decrease. Amid the decline in sales activity, home prices surged by 3.47%...
News & Current Events
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
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Hilton Rolls Out New Brand Offering Furnished Apartment Accommodations
Apartment Collection by Hilton will offer studio to four-bedroom furnished apartments in urban and suburban markets. Continue Reading Hilton Rolls Out New Brand Offering Furnished Apartment Accommodations
Bank Fraud Scheme Results in Charges Against Real Estate Investment Group
The defendants are each charged with conspiring to commit bank fraud, bank fraud, making false statements and money laundering. Continue Reading Bank Fraud Scheme Results in Charges Against Real Estate Investment Group
Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
CREA added the national average home price is forecast to rise by 2.8% on an annual basis to $698,881 in 2026. Continue Reading Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
Newrez to Recognize Crypto Assets for Mortgage Qualification
This offering will be available in February across Newrez’s Smart Series suite of non-agency products. Continue Reading Newrez to Recognize Crypto Assets for Mortgage Qualification
SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
The building last changed hands in 2014 when it was purchased by Blackstone Group for $750 million. Continue Reading SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
Kristina K. Williams to Step Down as CEO at FHLB Des Moines
Williams has served in this position since January 2020. Continue Reading Kristina K. Williams to Step Down as CEO at FHLB Des Moines
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
Foreclosure Filings Up 14% During 2025
For the fourth quarter of 2025, there was a total of 111,692 properties with foreclosure filings, up 10% from the previous quarter and up 32% year-over-year. Continue Reading Foreclosure Filings Up 14% During 2025
Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End
Looking ahead into 2026, Zillow expects slow but steady home value growth, falling mortgage rates and rising incomes to contribute to a nationwide improvement in affordability. Continue Reading Zillow: Homes Will Be Affordable in 20 Major Markets by Year’s End