Real-time coverage and AI-synthesized updates on real estate stories.
Former HUD Secretary Shaun Donovan says the ongoing housing supply shortage and affordability crisis are unprecedented, driven by an underbuilt market and soaring prices.
A federal judge in Chicago has granted MRED's motion to compel arbitration, staying Zillow's antitrust lawsuit over Chicagoland listing feeds.
After 12 years in a 700-square-foot Hollywood Hills bungalow, a screenwriter and an ICU nurse relocated their family to Barrington, Rhode Island, hunting for a home under $800,000.
Mortgage rates hitting 7.5% are locking homeowners into place and drying up spending on major renovations, shifting budgets toward emergency maintenance and credit card debt.
In a CNBC interview, former HUD Secretary and Enterprise Community Partners CEO Shaun Donovan warned that the current housing supply shortage is unprecedented.
Salt Lake City residents are pushing back against citywide proposals to rezone residential land and allow higher density, citing infrastructure strain and neighborhood character concerns.
Brown Harris Stevens CEO Bess Freedman noted that the Federal Reserve's recent rate hike made an already complicated housing market even more difficult.
As mortgage rates rapidly approach the 8% threshold, housing professionals are bracing for impact. Here is how rising borrowing costs are affecting lenders, buyers, and the broader housing market.
The high-producing Hamptons real estate team led by Julie Pinkwater and Will Metzger has officially moved to SERHANT., bringing $160 million in career sales to the rapidly expanding brokerage.
The Federal Reserve raised its benchmark interest rate by 25 basis points to about 3.9%, pushing borrowing costs higher as average 30-year fixed mortgages hover above 7%.
Facing heavyweights like D.R. Horton and Lennar, 77-year-old private builder HistoryMaker Homes pivoted from low-cost competition to customer-obsessed technology and product differentiation.
The average 30-year fixed mortgage rate reached 7.07% on September 10, 2026, driven by rising bond yields, geopolitical pressures, and oil price surges.
Existing-home sales decreased in August 2026, falling 2.0% month-over-month to a seasonally adjusted annual rate of 3.98 million units, marking the first time sales dipped below 4 million since June 2025.
Demand for adjustable-rate mortgages (ARMs) has reached its highest share since June, as the average 30-year fixed-rate mortgage climbs to its highest level since June 2025.
Two California Senate bills, SB 958 and SB 344, have passed the state Legislature and await Governor Gavin Newsom's signature, potentially streamlining housing development by reducing California Environmental Quality Act (CEQA) challenges.
Mortgage company Rate has expanded its Midwest operations by hiring experienced mortgage producers Vito Roppo and Nick Ferrante and opening a new branch in Elmhurst, Illinois. This move strengthens Rate's presence in the Chicago western suburbs and is part of its broader profit-and-loss platform expansion.
Ginnie Mae President Joe Gormley outlined a renewed focus on improving loan-level data quality and standardized submissions for mortgage-backed securities, aiming to streamline operations and enhance market liquidity. This initiative is part of a multi-year modernization effort by the agency.
FSBO.com has rolled out PACT, a new digital platform designed to streamline the traditionally paper-heavy process of home purchase agreements and negotiations. This beta launch aims to reduce friction and costs associated with residential real estate transactions.
A new Redfin report reveals homes in highly rated school zones nationwide carry a 35% price premium, but this premium differs dramatically across U.S. metro areas. Families need significantly higher incomes to afford these desirable properties.
The U.S. housing market saw new listings reach a four-month high in August 2026, while buyer demand simultaneously slipped, according to Redfin.
Heightened U.S. Immigration and Customs Enforcement (ICE) activity is severely impacting the residential construction sector, exacerbating a pre-existing labor shortage and leading to significant project delays and escalating costs nationwide.
U.S. new home listings have reached a four-year high, providing prospective buyers with more options and increasing negotiating power, according to a recent Redfin report. This increase comes as elevated mortgage rates continue to dampen buyer demand.
The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund is projected to run out by the fourth quarter of 2032, triggering an automatic 22% cut to retirement and survivor benefits without congressional action. This accelerated timeline is intensifying calls for reform ahead of the midterm elections.
Fresno-based Tafoya Real Estate, a top-ranked California team, has joined eXp Realty with approximately 37 agents, marking a significant expansion for eXp in the Central Valley and a strategic blend of its cloud-first model with a physical hub.
