While housing market conditions do seem to be easing as we move towards the midpoint of 2025, the dream of homeownership may still lie a little out of reach to many potential buyers. With the average home price in the US up 1.4% year-over-year and mortgage rates forecast to settle around 6% by year-end, now […]
Apartment security in 2025: Trends, challenges and renters’ concerns Read More »
A Texas bill that aimed to prohibit professional and trade associations like the National Association of Realtors (NAR) from denying membership based on protected characteristics or what’s perceived to be free speech failed to advance in the state legislature Wednesday, according to Inman. Senate Bill 2713, introduced by Sen. Mayes Middleton (R-Galveston), was reportedly left
Texas bill aimed at NAR speech code fails to advance Read More »
The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)’s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms. In a court filing on Thursday, MLS PIN and the plaintiffs disclosed that the former will prohibit offers of cooperative compensation on its platform, which
DOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval Read More »
In compliance with a 1978 law that requires government agency watchdogs to provide semi-annual reports on their activities, the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) published its report on Tuesday. While there were no new indications of scrutiny for the Home Equity Conversion Mortgage (HECM) program, the
HUD OIG reveals ongoing reverse mortgage oversight priority Read More »
SERHANT. has expanded its footprint to Palm Beach Island, Florida, with the addition of Gary Pohrer, a top-producing agent and longtime local resident. Pohrer, who has closed more than $2.5 billion in career sales, brings more than two decades of experience in the luxury real estate market. That includes a record $106 million sale on
SERHANT. adds top agent in Florida expansion Read More »
With aging-in-place preferences generally dominant among older Americans, some cities and states are putting these preferences into action by providing additional support for people who want to remain in their homes. In New Jersey, these can range from tax incentives and veterans benefits to Medicaid, according to a recent report by NorthJersey.com. The so-called “silver
New Jersey seniors seek out home modifications to age in place Read More »
In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing. The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effort by city leadership to speed the process for developers who specifically
Philadelphia lawmakers advance ordinance to speed affordable housing construction Read More »
As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow. The analysis released Thursday shows a stark contrast between markets. In cities like Buffalo, New York; Boston; Hartford, Connecticut; and Providence, Rhode
Zillow: Northeast housing competition heats up while Sun Belt offers breathing room Read More »
Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authority to impose such levies. But a
Whiplash: As second court orders halt to tariffs, appeals court keeps them in place Read More »
President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates. During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House said Thursday. The meeting was at Trump’s
Trump to Powell: It’s a ‘mistake’ to not lower interest rates Read More »