News
Existing Home Sales Rise Less Than Expected in April
7+ hour, 54+ min ago (468+ words) Existing home sales in the United States rose less than expected last month, increasing "0. 2% in April to a seasonally adjusted annual rate of 4. 02 million units, the National Association of Realtors reported on Monday. Reuters said that economists it polled had…...
AI Data Centers Move Into Homes as Builders Test New Revenue Model
5+ day, 9+ hour ago (548+ words) We recently reported that most people don't want a data center near their neighborhood, but a couple of major players in housing and technology are hoping that consumers will be willing to put a mini data center on the walls…...
Millions of Renter Households Remain Cost-Burdened Despite Decelerating Rent Growth
5+ day, 5+ hour ago (902+ words) The Mortgage Point Millions of Renter Households Remain Cost-Burdened Despite Decelerating Rent Growth Growth in rent has slowed, according to a new Zillow analysis. However, that does not equate to relief for millions of American tenants. Renters care more about…...
AI Data Center Boom Faces Local Pushback Across U. S. Housing Markets
6+ day, 3+ hour ago (264+ words) Data Center construction has become a newsworthy phenomenon in many states, and according to a new survey, nearly half (47%) of U. S. residents oppose the construction of an artificial intelligence data center in their neighborhood, while 38% support it. That's according to a…...
Mortgage Myths Persist: Buyers Misjudge Credit Scores, Down Payments
1+ week, 8+ hour ago (503+ words) Simultaneously, approximately 66% of prospective buyers stated that obtaining the best interest rates requires nearly impeccable credit. In actuality, a lot of purchasers with significantly less-than-perfect credit, lower credit scores, and smaller down payments can still qualify. "When buyers think they…...
Housing Starts Are Up, But Falling Prices, Rising Resale Inventory May Keep Builders Sidelined
1+ week, 11+ hour ago (342+ words) Housing starts increased in March, but according to a report by Zillow, falling new home prices and a rising resale inventory could keep builders sidelined. Zillow said that building permits issued in March fell to 1, 372, 000, which is 10. 8% below the revised…...
Real Brokerage to Acquire RE/MAX in New Deal
2+ week, 8+ hour ago (501+ words) The Mortgage Point Real Brokerage to Acquire RE/MAX in New Deal Real Brokerage announced that they are purchasing Re/Max for $550 million, revealing that including debt, the deal is worth an estimated $880 million, according to the Wall Street Journal....
DOJ Drops Criminal Investigation of Fed Chair Powell
2+ week, 3+ day ago (459+ words) The Department of Justice announced Friday that it has dropped its criminal probe of Federal Reserve Chair Jerome Powell, removing a major hurdle to the Senate confirmation of Kevin Warsh, President Donald Trump's nominee to replace Powell. Jeanine Pirro, the…...
First-Ever" Analysis Reveals How Much Land Prices Have Spiked Since Pandemic
2+ week, 4+ day ago (739+ words) In what it called a "first-ever" analysis of land listings, Realtor. com's economic research team found that land prices surged roughly 77% between early 2019 and March 2026, a time period in which the inventory of for-sale parcels fell 24%. Realtor. com noted that…...
LA Voters Doubt Government Can Improve Housing Affordability, Poll Finds
2+ week, 4+ day ago (518+ words) According to a new poll, voters in the city of Los Angeles overwhelmingly cited the high cost of housing and homelessness as serious problems, but 66% of respondents said they lack confidence in the ability of local and state government to…...