Lawmakers and advocates have made many attempts recently to address the affordability crisis that pervades the housing market—some more impactful than others. Legislative bodies have enacted laws addressing private listings, while President Donald Trump recently signed an executive order aimed at cutting costs for title and mortgage insurance and manufactured housing. In tomorrow’s general election,…

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Open Real Estate, the national initiative launched by big brokerage leaders last week that has promised to create a shared “infrastructure” for property listing data, today announced it has received 826 letters of support from real estate brokerage leaders. Behind the strength—and size—of its four founding brokerages (HomeServices of America, AGNT, Keller Williams and Real…

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Mortgage rates are giving homebuyers another reason to hesitate.  The average rate for a 30-year fixed mortgage reached well over 7% in October, its highest level in 13 months, according to Freddie Mac. That followed a climb from 5.98% in late February to 6.65% by Aug. 20, figures cited in a recent U.S. Bank housing-market…

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Mortgage rates edged down for the second consecutive week, a move buyers hope will continue, but economists say may not have much of an impact on the market.  The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average 30-year fixed-rate mortgage rate at 7.24%, down eight basis points from 7.32% last week…

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Despite the Federal Reserve’s decision not to raise rates yesterday, the latest data from the Bureau of Economic Analysis (BEA) still showed a 0.5% month-to-month increase in inflation as measured by the Personal Consumption Expenditures (PCE) price index, 0.2% higher than the increase in August.  The PCE index has enjoyed a reputation as the Fed’s…

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“Is Open Real Estate a national MLS?” That question, proffered by Open Real Estate itself on its website as soon as the initiative was launched, made it clear the founders—namely, AGNT (eXp and NextHome), HomeServices of America, Real REMAX Group and Keller Williams—knew that at least some in the industry would see that project in…

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Home prices rose in 78% of metro markets during the third quarter of 2026, according to the National Association of Realtors®’ latest quarterly report. This is down from 80% in Q2, but shows the continued value and equity-building power of homeownership even in a down market.  Four percent of metro areas recorded double-digit price gains,…

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In a continuation of the company’s acquisition strategy as of late, CoStar announced another is in the works as it recorded another strong quarter of financials. In the company’s Q3 earnings call, Founder and CEO Andy Florance announced that CoStar is in the process of acquiring another company to add to its portfolio: aerial-imagery program…

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The newest results from the Federal Reserve Open Market Committee (FOMC), the rate-setting body that meets roughly eight times per year, varied greatly from the previous one in mid-September, which came with a unanimous vote to hike interest rates, after many economists predicted that outcome. This time there was no rate hike. The Fed left…

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After being found guilty on all charges of sex-trafficking earlier this year, the Alexander brothers were formally sentenced to 30 years in federal prison on Tuesday, the culmination of a high-profile investigation and trial related to numerous sex crimes and abuses against women spanning multiple years. The 39-year-old twins Oren and Alon Alexander, along with…

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