Immigrant labor has become essential to both homebuilding and residential remodeling in top metro areas with the highest levels of building permits, according to new research from Harvard’s Joint Center for Housing Studies (JCHS). The findings underscore the critical role that foreign-born workers play across the entire residential construction space—from new home construction to major…
Editor’s Note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Federal judge rules Trump administration must find funding for CFPB The Trump administration’s latest attempt to block funding and operation of the Consumer Financial Protection Bureau (CFPB) hit a roadblock on Dec. 30.…
Editor’s note: In this two-part series, we take a look at how the buyer experience differs today from past years. Today is a look back at how the process evolved to where it is now. On Wednesday we review how tech has impacted everything, and the skills required to serve luxury-market clients. When you think…
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The Federal Housing Finance Agency’s (FHFA) monthly home price index (HPI), which tracks changes in single-family home prices, clocked a modest 0.4% increase in home values for October, with a 1.7% uptick from last year, as the housing market stutters heading into 2026. Largely aligning with expectations, the essentially flat trajectory for home values obscured…
Anywhere Real Estate is facing legal challenges as its $1.6 billion merger with Compass moves toward a critical stockholder vote, with three lawsuits alleging insufficient financial disclosures in merger documents. According to an SEC filing on Dec. 29, three complaints have been filed by “purported stockholders of Anywhere” in New York and New Jersey courts…
As annual inflation remains above 2% and the labor market shows weakness, the Federal Reserve has been split in recent months over the direction of monetary policy. The past year has seen split votes among the Federal Open Market Committee (FOMC) voting committee on interest rates-setting; the July FOMC, for instance, saw Fed Governors Michelle…
As part of the Federal Housing Finance Agency (FHFA) overseeing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, the FHFA is required to set annually updated benchmark goals for how the GSEs’ mortgage purchases will help contribute to affordable housing for lower-income households. On Tuesday, December 23, the FHFA set its enterprise benchmark housing…
A down payment on a home is a crucial part of the financial hurdle that homebuyers need to pass before they can think of closing, but in the current market, how long of a wait is that? According to the latest report from Realtor.com®, the current average for saving for a down payment on a…
The post Average Time Saving for a Down Payment Now Seven Years: Realtor.com appeared first on RISMedia.
Home-price growth remained weak in October, with experts pointing to continued inflation and elevated mortgage rates as the cause, according to the latest data. The October S&P Cotality Case-Shiller Home Price Index found that home-price growth posted a 1.4% annual gain, slightly up from a 1.3% rise in the previous month. Nicholas Godec, head of…
It’s all smiles because the work is done. You’ve expertly guided a client through the long and winding home-buying process to the point where they’ve found what they want and made an offer that was accepted. They’re happy, the seller’s happy, and you’re happy. All that remains are the usual mundane details. What could go…
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