National News

Existing-home sales reverse four-month decline in June
Existing-home sales reverse four-month decline in June

At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.

Mortgage applications surge 16% as interest rates fall
Mortgage applications surge 16% as interest rates fall

Meanwhile, the Mortgage Bankers Association’s seasonally adjusted purchase index rose 8% from the previous week.

Compass, Guaranteed Rate launch loan origination company OriginPoint
Compass, Guaranteed Rate launch loan origination company OriginPoint

Two of the largest leaders in the real estate market are joining forces to form a new mortgage origination company.

What the condo collapse means for agents, sellers and buyers in South Florida
What the condo collapse means for agents, sellers and buyers in South Florida

The Champlain Towers South collapse emergency is ongoing, and some experts say they expect condo sales, in what was a roaring condo market in Miami, to struggle from the impact. What can agents, sellers and buyers anticipate?

Will Gen Z be the mortgage generation?
Will Gen Z be the mortgage generation?

Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents.

S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary”
S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary”

Home prices continued to gain steam in April, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which showed a 2.1% increase from March and a 14.6% increase from a year earlier.

Landowning behemoth Walton Global steps into build-to-rent segment with huge land bank
Landowning behemoth Walton Global steps into build-to-rent segment with huge land bank

The real estate investment and land asset-management company has identified 17 near-term development opportunities and is in advanced negotiations to develop build-to-rent communities with about 2,500 units across the country.

My State MLS adopts free location app what3words so agents and clients can locate hard-to-find properties
My State MLS adopts free location app what3words so agents and clients can locate hard-to-find properties

Nationwide multiple listing service My State MLS integrated what3words, a free app that makes it easier to guide agents and clients to an exact location.

Existing-home sales slide again nationwide in May
Existing-home sales slide again nationwide in May

Existing-home sales declined nationwide for the fourth month in a row in May, as the median price for existing homes hit another record high, the National Association of Realtors said. 

New-home mortgage applications drop 9% in May
New-home mortgage applications drop 9% in May

Mortgage applications for new-home purchases fell 9% on a monthly basis and 5.9% on a year-over-year basis in May, the Mortgage Bankers Association reported, citing its Builder Application Survey.

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