All Posts in "Real Estate News" Category

More than half of major metros saw price declines in February, though prices in inventory-constrained markets are still seeing rising prices.

U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner said the agency is rescinding energy-efficiency requirements tied to loans backed by the Federal Housing Administration (FHA) and U.S. Department of Agriculture (USDA). Turner announced the move Tuesday at HousingWire’s The Gathering in Austin. A 2024 rule under the Biden administration had made new…

The S&P Cotality Case-Shiller Home Price Index rose just 0.7% year-over-year in February, down from 0.8% in January. For the ninth consecutive month, inflation outpaced home price appreciation. Consumer prices rose 2.4% — leaving any housing gain deep in negative territory in real terms.  Chicago led all Case-Shiller metros at 5.0% annual growth, followed by…

For independent broker-owners Michele Harrington of First Team Real Estate and Jonathan Lickstein of LoKation Real Estate, the lack of parent company oversight provides them with the opportunity to take different strategies on issues depending on what they feel is best for their agents and consumers.  “That’s one of the good things about how we…