Federal Reserve Chair Jerome Powell—a target of personal attacks and intense pressure from President Donald Trump and others in his administration—is now facing a criminal inquiry over renovations to the central bank’s headquarters. In a highly unusual video message posted to the Fed’s website Sunday evening, Powell said that the Fed was served Friday with…
Sea Glass, a boutique lifestyle real estate franchisor focused on waterfront, resort, and lifestyle-driven markets, has announced the acquisition of Sperry Commercial Global Affiliates, an industry-leading commercial real estate franchisor with a growing national and international footprint. The acquisition brings together two complementary brands under a shared strategic vision, creating a unique platform for commercial…
The Keyes Company has announced the addition of The Landmark IV Group (Landmark IV Realty) to its Hollywood office, further strengthening its presence in Broward County and South Florida. Led by broker Janie Berman and her daughter, Amy Berman, Landmark IV Realty has been a fixture in the Hollywood real estate market for decades, known…
Privately owned housing starts in October were at a seasonally adjusted annual rate of 1,246,000, 4.6% below the revised September estimate of 1,306,000 and 7.8% below the October 2024 rate of 1,352,000, according to a Jan. 9 report from the Census Bureau and the Department of Housing and Urban Development (HUD). The starts fell to…
In a Jan. 9 report on job growth from the Bureau of Labor Statistics (BLS), U.S. employers added 50,000 jobs in December, with the unemployment rate at 4.4%, according to the latest release. Employment continued to trend up in food services and drinking places, healthcare and social assistance. Job losses occurred in retail trade. The…
Don’t rely on national housing market headlines to understand your local market; that’s the key takeaway from Realtor.com®’s December monthly housing report, which reveals how dramatically individual metros diverged from broader trends throughout 2025. The report introduces a new framework for understanding these local differences: “benchmarkets” versus outliers. Benchmarkets are metros whose inventory and price…
The industry-shaking deal by Compass to acquire Anywhere officially closed today, creating a $10 billion brokerage behemoth that is likely to shift the power balance in real estate both short- and long-term, and shifts ongoing debates around listing transparency significantly more weighty. In a regulatory filing today, Compass said that the merger—first announced back in…
In a post on Truth Social Jan. 8, President Donald Trump announced he is directing his representatives to purchase $200 billion in mortgage bonds in an effort to reduce mortgage rates and monthly payments for American homebuyers. The move marks the administration’s latest attempt—its second this week—to address housing affordability concerns that have dominated voter…
Corcoran Group LLC has announced the launch of Corcoran Wiley, expanding the brand’s presence in Virginia with a new franchise based in Charlottesville. Formerly operating as Wiley Real Estate, the brokerage is led by broker/owners Justin and Peter Wiley and will serve clients throughout Central Virginia and the greater Charlottesville region, a release noted. The…
With little change in the average mortgage rate expected over the coming weeks, home shoppers are seeing some positive signs as the market moves toward the traditional busy buying season. The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate mortgage (FRM) averaging 6.16%, a one-basis-point increase from last…
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