Manufactured and modular housing have been embraced as one solution to reaching housing affordability, due to their ease to build (including low cost), energy efficiency and other key benefits. On Friday, January 9, the U.S. House of Representatives passed the Affordable HOMES Act, a bill that cuts energy regulations in an effort to lower the…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass closes Anywhere acquisition In a regulatory filing on Jan. 9, Compass announced that its merger with Anywhere Real Estate was officially closed. The deal has faced much scrutiny from the real estate…
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…
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…
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…
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…
Despite affordability remaining a market challenge, there are still refuge markets first-time homebuyers can access across the nation. A new Realtor.com® report took a crack at identifying these refuge markets, and made a list of the top markets for first-time homebuyers (age 25-34) in 2026. The rankings are based on the forecasted share of first-time…
CoStar, just under two years after launching what it described as the largest marketing campaign in real estate history to promote Homes.com, said yesterday that 2026 will see “meaningful moderation” in its investment in the portal, after some early stumbles sparked pushback from shareholders. In a press release, CoStar Founder and CEO Andy Florance promised…
People are always on the move. And in 2025, despite economic uncertainty and shifting market conditions, Americans continued to relocate, whether it be a new job, improved cost of living, to be closer to family or for lifestyle changes. Last week, United Van Lines released its most recent survey of movers, tracking which states people…
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