USPS financial crisis puts real estate transactions at risk
If disrupted, important documents that rely on mail could halt transactions
by Jessi Healey Apr 15
CoStar scores win as activist investor drops Homes.com fight
Third Point was strongly critical of CoStar’s attempt to compete with leading residential portals
by Taylor Anderson Apr 13
Donald Trump and Jerome Powell, mortgage rates drop on Powell speech
With job market stable and the economy chugging along, bets placed by futures market investors suggest the odds of a September rate cut have dropped to less than even
by Matt Carter Jul 30
Trump orders boost in US timber production, foreign lumber probe
President Donald Trump on Saturday signed an order aimed at increasing US timber production and launched an investigation into the risks that foreign lumber imports pose to national security
by Richelle Hammiel Mar 3
Tool Kit: Upgrade your media literacy skills to know what's real
It's hard to tell fact vs. fiction these days. Get the tools and tips for becoming a smart agent who can spot fake news, deepfakes and misinformation a mile away with trainer Rachael Hite
by Rachael Hite Feb 14
Homebuilders anxiously await details on Canada, Mexico tariffs
Bond market investors who fund most mortgages didn't panic Friday over reports that the US will impose tariffs on China, Canada and Mexico on Saturday, but details remain sketchy
by Matt Carter Jan 31
The underground bunker returns: Patmos Underground Bunker
Political unrest in the Northeastern US and Great Lakes region has renewed interest in such facilities, including the Patmos Underground Bunker in north-central Indiana
by Richelle Hammiel Nov 20
Homebuyers jump at lower mortgage rates, but will they last?
Purchase loan applications have surged for 2 weeks in a row, but rates for conforming mortgages are inching back up toward 7% this week as investors weigh the odds of Fed rate cuts
by Matt Carter Jun 20
While banks pull out, investment funds double down on real estate
Multiple funds told Reuters they planned to increase their credit exposure to property as banks back off from commercial real estate
by Ben Verde May 15
Spain to eliminate 'golden visa' program for foreign investors
The program, which allows non-EU citizens who invest 500K euros in Spanish real estate 3 years of residency, will be eliminated amidst affordability concerns, Prime Minister Pedro Sanchez said
2 multifamily operators settle in RealPage antitrust lawsuit
Pinnacle Property Management Services and AIR have settled with plaintiffs who accused them of increasing rent prices through collusion
by Ben Verde Feb 9
Tighter federal regulations coming to luxury real estate market soon
The US Treasury Department is poised to enact expanded reporting measures on luxury home sales, putting an end to anonymous purchases that have enabled oligarchs, terrorists and others
by Lillian Dickerson Aug 11
Purchase mortgage demand up 4th week in a row as rates fall
Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to MBA lender survey
by Matt Carter Nov 30
Mortgage rates hit new 2022 high in bond market selloff
Investors fear ongoing moves by the Fed and other central banks to raise short-term interest rates to fight inflation could ultimately lead to a recession
by Matt Carter Sep 23
Plot of land trades hands for record-breaking $2.4M. Oh, and it's virtual
The 6,000-square-foot tract of digital real estate will someday be home to a fashion outpost and event venue — in virtual reality, at least
by Daniel Houston Nov 24