AREAA releases 2025 A-List of top-producing agents and teams
The Asian Real Estate Association of America (AREAA) has named 109 individual agents and 64 teams to its annual A-List.
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Homeownership among Black Americans drops to 4-year low
Results were down roughly 1.5% from this time last year and marked the steepest annual decline since the third quarter of 2021.
Fannie Mae: Consumer housing sentiment slips in August
More positive outlooks for mortgage rates and homebuying conditions were not enough to offset declines in seller sentiment, home-price expectations, household income growth and job security.
Compass taps former NAR settlement attorney Ethan Glass as chief legal officer
Glass represented the National Association of Realtors in the Sitzer-Burnett lawsuit, and Compass in its lawsuit against Northwest MLS.
The next generation of homebuyers is ‘overloaded’ and confused
Less than half of survey respondents could correctly answer basic questions about interest rates, credit scores and retirement savings.
Bill aims to expand affordable housing on unused religious, college land
Federal resources would help religious institutions and higher education campuses develop rental housing on property they already own.
US housing market value hits record $55T, but growth is slowing
New York posted the biggest gain — equal to about one-quarter of the nation’s increase — while values in Florida and California fell.
Los Angeles ‘mansion tax’ fuels record affordable housing funding
Most of the money — $316 million — comes from Measure ULA, a transfer tax on property sales above $5 million that voters approved in 2022.
Longbridge’s ‘HELOC for Seniors’ is officially on the market
Longbridge Financial has officially launched a home equity line of credit (HELOC) that’s designed for homeowners aged 62 and older, offering approval and funding in as little as five business days.
Can mortgage rates get below 6% with this Federal Reserve?
Mortgage rates dropped to 6.29% last week after the jobs report, but economic factors can only do so much without help from the Fed.