All Posts in "Real Estate News" Category

California Gov. Gavin Newsom is threatening legal action against cities and counties that do not comply with a 2025 housing reform law that allows higher density near public transit. During a Wednesday press conference, Newsom said his administration has warned 15 cities and counties that they have 30 days to comply with Senate Bill 79…

The U.S. Census Bureau projects that 70% of net new homebuyers between now and 2050 will be Latino — a statistic that Century 21 CEO Mike Miedler said should guide recruiting efforts across the industry. “If we’re going to serve those communities, we also have to get more Hispanic real estate professionals into the business,”…

Homebuyer affordability improved modestly in February as the national median payment applied for by purchase applicants fell to $2,061, down from $2,070 in January, according to the Mortgage Bankers Association (MBA)’s Purchase Applications Payment Index (PAPI). PAPI tracks how new monthly mortgage payments change over time relative to income, using data from MBA’s weekly applications…

The Home Depot is expanding its digital ecosystem for professional customers, adding AI-driven estimating and project-management tools as contractors and homebuilders look to speed up planning, purchasing and jobsite coordination. Michael Rowe, executive vice president of Pro at The Home Depot, said the retailer has spent the past two years building out wholesale capabilities that…