America’s housing affordability crisis isn’t solely caused by too few homes. It’s also because of too few usable ones. A new report from real estate marketplace New Western suggests that local fix-and-flip investors—not homebuilders—are key to helping solve the problem. The report, conducted in partnership with the National Association for Housing Revitalization (NAHR), found that…
Winter weather and market constraints put significant downward pressure on new-home sales to start off 2026, according to the latest data from the Department of Housing and Urban Development and the Census Bureau. The New Residential Sales report for January found that new-home sales fell a whopping 17.6% to a rate of 587,000 (compared to…
Above, Anthony Lamacchia, Josh Lioce and Jackie Louh Lamacchia Realty announced that Lioce Properties Group, based in Milford, Massachusetts, has joined the company following a merger finalized earlier this week. The move expands Lamacchia Realty’s presence in the South Metrowest and Worcester County markets. “I’m so beyond excited to finally have an office in South…
As largely expected, the Federal Reserve held interest rates steady at its March Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5% – 3.75%—the same level established following December’s quarter-point cut. There was a singular dissenting vote from Stephen I. Miran, who preferred to lower the target…
Just under nine months after filing a bombshell lawsuit against Zillow, Compass is dropping its legal challenge after the portal quietly modified its “Listing Access Standards” yesterday. The lawsuit had claimed that Zillow conspired with fellow portal Redfin to prevent Compass from implementing its “three-phased marketing plan” that involves a private listing phase. Last April,…
Compass International Holdings announced on March 18 that Sue Yannaccone will serve as chief operating officer. In this new role, she will spearhead enterprise operations for the newly combined company, leading a cross-functional team to drive value for real estate professionals. She comes to the new position after serving as president and CEO of Anywhere…
For Teresa Palacios Smith, inclusion is not a program—it is a practice. As chief inclusion and engagement officer at HomeServices of America, Palacios Smith has spent her career building bridges between the real estate industry and the diverse communities it serves. A Cornell-certified DEI expert, she leads initiatives that reach over 23,000 agents across more…
In more news surrounding the hot topic of private listings, a Washington state bill designed to severely restrict private listings has been signed into law after passing both the Senate and the House earlier this year. The bill was proposed in the Senate back in January, with the goal of explicitly banning real estate brokers…
Housing affordability—the issue we all know, and definitely do not love. In the past couple years, the national median home price hit new highs, settling in around $400,000. Depending on the region and market, this could sound like a lot of money, or like a little. What really demonstrates the affordability of $400,000 is how…
New data from the Mortgage Bankers Association shows applications for both home purchases and refinances fell significantly this week following increased mortgage rates and other market volatility in the wake of the conflict in the Middle East, economists said. According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage…
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