U.S. Housing Market
eXp Expands Brokerage Presence in California and Canada
The company debuted two new NextHome franchises in California and welcomed Edmonton-based Initia Real Estate into its network. Continue Reading eXp Expands Brokerage Presence in California and Canada
Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike
The property tax hike would require approval from the state government. Continue Reading Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike
Pennsylvania Home Sales and Prices Trend Upwards
The number of homes on the market last month totaled 33,971, up by nearly 2% from February 2025 and up by 5.5% from January. Continue Reading Pennsylvania Home Sales and Prices Trend Upwards
Report: Hispanic Homeownership at New Record High
2025 marked the largest single-year increase in Hispanic homeownership since the US Census Bureau started tracking this data. Continue Reading Report: Hispanic Homeownership at New Record High
Kite Realty Group Promotes Heath R. Fear to President
“He is a trusted partner to me, our board, and the leadership team.” said Chairman and CEO John A. Kite. Continue Reading Kite Realty Group Promotes Heath R. Fear to President
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
GenZ renters were the most optimistic, with 53% believing homeownership was very or somewhat possible. Continue Reading Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
Virginia Home Sales Down 9%
The February median sales price in Virginia was $403,500. Continue Reading Virginia Home Sales Down 9%
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
New Home Sales Up in February
The median sales price of new houses sold in February 2025 was $414,500 while the average sales price was $487,100. Continue Reading New Home Sales Up in February
NAR Adds New MLS Policy for ‘Delayed Marketing Exempt Listings’
The National Association of Realtors (NAR) has unveiled “Multiple Listing Options for Sellers,” a new policy that is designed to exist in conjunction with its Clear Cooperation Policy. According to NAR, the policy introduces a new category of exempt listings called...
Case-Shiller, FHFA Point to Continued Home Price Increases
The FHFA House Price Index data found prices up 4.8% from January 2024 to January 2025. Continue Reading Case-Shiller, FHFA Point to Continued Home Price Increases
Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
West purchased the property in 2021 for $57 million but left behind an unfinished renovation project. Continue Reading Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Sale prices dropped in Altadena and rose in the Palisades last month. Continue Reading Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Zillow: Sellers with Privately Listed Homes Typically Lost Nearly $5,000
Zillow’s survey data found Hispanic and Black home sellers are more often guided toward listing their homes privately by agents. Continue Reading Zillow: Sellers with Privately Listed Homes Typically Lost Nearly $5,000
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