National News

NAR: Existing-home sales post surprise 1.5% gain in September

Economists were expecting a monthly decline in the annual sales rate. 

Mortgage rates hit 3-year high, driving down loan applications

The increased borrowing costs helped drive down mortgage applications in the week ended Oct. 2, the Mortgage Bankers Association said. 

Real launches Young Professionals division

Membership perks include free or discounted admission to events, access to Zoom masterminds classes, access to the Real YP referral network and internal leadership opportunities.

Fathom Holdings and Bed Bath & Beyond cancel merger

News of the merger initially surprised the real estate industry this June, when it was announced that Bed Bath & Beyond would acquire Fathom in an all-stock deal valued at over $53 million.

US real median household income reaches record high

The Census Bureau also measures household income after accounting for taxes and credits.

NAR: More Realtors are turning to AI

According to the survey, 67% of respondents said they are using emerging technologies such as AI but are still learning how to use them effectively.

Fed lifts rates for first time in three years as inflation persists

Longer-term interest rates, such as mortgages, have largely priced in this latest increase and are not expected to have much of a reaction to the news.

Realtor.com, Zillow, NAHB and others team up for ‘Let America Build’ campaign to encourage new-home construction

The campaign, which Realtor.com launched at SXSW in 2025, aims to encourage officials to take advantage of the 21st Century ROAD to Housing Act to streamline the homebuilding process. 

NAHREP: Hispanic families drive US household, homeownership growth

Since the Hispanic Wealth Project’s founding in 2014, Hispanic household wealth has more than tripled across the U.S.

NAR: Existing-home inventory jumps to multi-year high in August as sales pace slows

At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high. 

mortgage applications
MBA: Purchase applications boost weekly mortgage activity

The increase in purchase activity offset a decrease in refinancings. 

New construction slows amid shifting demand, affordability

The reports show higher mortgage rates taking a larger share of household income while applications for new-home purchases are falling.

REMAX Co-Founder Gail Liniger dies at 81

Since Gail and Dave Liniger founded the brokerage in 1973, it has expanded to over 145,000 agents operating in more than 120 countries.  

New construction could mean lower insurance costs

Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.

Case-Shiller: Denver home-price growth dips in June

The pace of home-price growth rose nationally but with significant regional differences.

Fannie, Freddie condo-lending changes begin rolling out in earnest

The updated underwriting guidelines have caused consternation among many in the housing industry. 

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