The iconic home from “A Nightmare on Elm Street” is prime Hollywood real estate. And it’s currently for sale.

It’s been a more than a year and a half of technological innovation in real estate in response to the COVID-19 pandemic, and the Federal Housing Finance Agency has decided to make one tool — desktop appraisals — permanent.

At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets, according to a press release. To underscore this effort, the company is offering approximately $285 million

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

While the past year has been unprecedented in terms of economic change and a global pandemic, most U.S. home sellers’ experiences were similar to past years, according to Zillow’s latest consumer housing trends report.  Consistent with the past three

As COVID-19 continues to negatively impact people and workplaces, EXIT Realty Corp. International announced it is working to maintain the health and well-being of its agents and brokers through a series of programs, including its Focus on Good Health initiative.

At 37 years old, the new president will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander community.

The U.S. Department of Housing and Urban Development (HUD) recently announced a plan that will implement new policies to combat global warming, according to a press release. 

An Australian real estate agent’s failure to use proper punctuation in a Facebook post could cost him tens of thousands of dollars, according to a report by The New York Times.

Email users should be mindful of what they write, as the contents of electronic messages could be legally binding, according to a report by the National Association of Realtors. 

Coldwell Banker’s new group originally aimed to raise $250,000, which it did within the first six months of the year, and by October, it had more than doubled its initial goal.

The new program, DepositLink Pay, allows a broker, agent or title company to direct buyers and renters to a customized URL or a “Pay” button online to make digital earnest-money deposits and rental payments with no cost to brokers, agents or companies.