Despite a hopeful moment of decline in November, inflation looks to be stagnant in December, remaining paused from hitting the Federal Reserve’s 2% goal, according to the latest Bureau of Labor Statistics data. The Consumer Price Index (CPI) for December saw a slight increase of 0.3% for the all items index, landing at 2.7% annual…
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…
Above, Brian Miranda, left, and Willie Miranda Even as a youngster, the business wheels were turning in Willie Miranda’s head. As the oldest of three brothers, he worked as a teenager at fast food restaurants and pumped gas at a local station. But first, at age eight, he had a paper route, and decided brothers…
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…
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…
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