real estate news

Inflation Concerns Persist: High Demand, Low Supply Straining the Economy

November 10th, 2021
Consumer inflation increased 0.9% in October, according to the latest data from the Labor Department, which reported prices are up 6.2% YoY—the highest increase since 1990. While economists have been predicting slowdowns in price gains, high demand and constrained supply...

House Passes ‘Build Back Better’ In Big Step for Landmark Bill

November 22nd, 2021
The approximately $1.75 trillion “Build Back Better Act,” which dedicates unprecedented funding for a broad swath of social programs including housing, passed the House last Friday, despite stiff opposition from Republicans. The passage inches the bill forward, even as its...

Fathom Adds Woodhouse Group to Network

November 25th, 2021
Fathom Realty recently announced that the Woodhouse Group has joined Fathom with the addition of approximately 50 agents in the Idaho market. Effective immediately, Woodhouse Group agents will operate under the Fathom Realty umbrella. Terms were not disclosed. Based in...

Single-Family Home Prices Continue Upward Momentum

November 30th, 2021
Home prices for single-family properties continued their upward trajectory in September, going against typical seasonal market slowdowns, according to the most recent S&P CoreLogic / Case-Shiller Indices. The organization reported an 19.5% annual increased in September, down from 19.8% in August....

HGTV Launches Vermont Dream Home Sweepstakes

December 2nd, 2021
HGTV, a member of the Discovery, Inc. family of brands, recently unveiled the newly built, fully furnished HGTV® Dream Home 2022 in Warren, Vermont. The winner of the home will receive the brand new, fully furnished home, including all the...

HUD to Distribute Additional American Rescue Plan Funds to Fight Housing Discrimination

December 6th, 2021
The U.S. Department of Housing and Urban Development (HUD) recently announced that it is making an additional $5,757,663 in American Rescue Plan (ARP) funding available to help HUD Fair Housing Initiatives Program (FHIP) agencies combat housing discrimination related to the...

Inflation Continues to Soar in November, Up 6.8% This Year

December 10th, 2021
The consumer price index (CPI) jumped 0.8% in November, according to a new report from the federal Bureau of Labor Statistics, pushing overall inflation to a nearly 40-year high at 6.8% as supply chain struggles and surging demand has sent...

Freddie Mac: Mortgage Relief Options Available for Those Affected by Tornado Outbreaks

December 15th, 2021
Freddie Mac recently reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas. “We encourage everyone to make their safety the priority,” said Bill Maguire,...

SDAR Partners With Operation Homefront for the Holidays

December 20th, 2021
The Greater San Diego Association of REALTORS® (SDAR) and its 501(c)(3) Ambassadors Foundation partnered with Operation Homefront to host the annual “Holiday House,” an evening of charitable giving in support of local military families during the holiday season. Held at...

FHFA Releases Q3 2021 Foreclosure Prevention and Refinance Report

December 27th, 2021
The Federal Housing Finance Agency (FHFA) recently released its third quarter 2021 Foreclosure Prevention and Refinance Report​. The report shows that Fannie Mae and Freddie Mac completed 180,566 foreclosure prevention actions during the quarter, raising the total number of homeowners who...
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