National News

Case-Shiller: Seattle home-price growth drops in August

In Seattle, home prices fell 1.96% year over year and 1.10% month over month in August. 

AGNT Inc., HomeServices of America, Keller Williams, REMAX create shared listing platform to combat private listings

The brokerages said the new platform, Open Real Estate, will boost market transparency as it comes under threat from private listings. 

NAR names 2027 Leadership Academy class

The 10-month program prepares Realtors active in the association for future leadership roles. 

NAR: Existing-home sales post surprise 1.5% gain in September

Economists were expecting a monthly decline in the annual sales rate. 

Mortgage rates hit 3-year high, driving down loan applications

The increased borrowing costs helped drive down mortgage applications in the week ended Oct. 2, the Mortgage Bankers Association said. 

Fathom Holdings and Bed Bath & Beyond cancel merger

News of the merger initially surprised the real estate industry this June, when it was announced that Bed Bath & Beyond would acquire Fathom in an all-stock deal valued at over $53 million.

New homes cost less than existing homes in Seattle

In 17 out of the past 19 months, U.S. homebuilders have sold at a discount compared to existing-home sales.

US real median household income reaches record high

The Census Bureau also measures household income after accounting for taxes and credits.

NAR: More Realtors are turning to AI

According to the survey, 67% of respondents said they are using emerging technologies such as AI but are still learning how to use them effectively.

New-home sales post surprise jump in August

New-home inventory fell to its lowest level since December. 

Fed lifts rates for first time in three years as inflation persists

Longer-term interest rates, such as mortgages, have largely priced in this latest increase and are not expected to have much of a reaction to the news.

Realtor.com, Zillow, NAHB and others team up for ‘Let America Build’ campaign to encourage new-home construction

The campaign, which Realtor.com launched at SXSW in 2025, aims to encourage officials to take advantage of the 21st Century ROAD to Housing Act to streamline the homebuilding process. 

NAR: Existing-home inventory jumps to multi-year high in August as sales pace slows

At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high. 

mortgage applications
MBA: Purchase applications boost weekly mortgage activity

The increase in purchase activity offset a decrease in refinancings. 

Alessio Sanfilippo named CEO of Redfin

While at Reality Labs, he led global teams across data science, data engineering and user research.

Report: Majority of Realtors volunteer and donate

The most common causes members supported included food banks, local schools, children’s sports teams, veterans support programs and youth mentoring and education initiatives.

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