The fastest-moving housing markets in the country right now aren’t in California or Texas — they’re in the Midwest. HousingWire Data shows Michigan, Ohio and Illinois leading the nation in housing absorption, with weekly rates above 17% as demand accelerates ahead of the spring housing season. Nationally, the weekly absorption rate rose to 11.95% for…
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U.S. consumer prices increased moderately from January to February, with annualized inflation holding steady, according to data released Wednesday by the U.S. Bureau of Labor Statistics. The Consumer Price Index rose 2.4% over the 12 months ending in February, unchanged from January. On a seasonally adjusted basis, the index increased 0.3% during the month. Core…
REMAX has added a large Rhode Island brokerage to its network after HomeSmart Professionals announced it will rebrand and operate as REMAX Revolution. The firm — owned by Dean deTonnancourt — brings more than 300 agents and six offices into the REMAX system. The move adds to the franchise network’s presence in Rhode Island as…
Two of the nation’s largest reverse mortgage lenders, Longbridge Financial and Mutual of Omaha Mortgage, have asked a federal judge to dismiss a lawsuit over alleged improper advertising practices, ending a dispute that began in September 2024. According to a joint filing on Tuesday in the U.S. District Court for the Southern District of California,…