National News

Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.

The 2022 U.S. Houzz Kitchen Trends Study is out, and the most popular kitchen renovation trend is upgraded countertops.

Board member Stephen Joyce will serve as interim CEO as the company conducts a search for a permanent replacement.

The Swanepoel Power 200, or SP 200, annual ranking of the most-powerful and influential leaders in residential real estate has been released.

Despite the record low number of homes for sale, prices and pending sales continue to rise.

Homeownership remains a cheaper option than renting in the majority of areas, according to a new study by ATTOM Data Solutions.

Taylor Morrison topped Lifestory Research’s annual list of America’s Most Trusted® Homebuilders — for the seventh consecutive year.

At the same time, the average 30-year fixed-rate mortgage rose to 3.33%, its highest level since April 2021, the Mortgage Bankers Association said.

Inflation concerns are influencing plans for homebuyers and sellers, according to a recent Redfin survey.

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

“There was less pending home sales action this time around, which I would ascribe to low housing supply, but also to buyers being hesitant about home prices,” National Association of REALTORS® chief economist Lawrence Yun said.

The median sales price of new homes hit a new high of $416,900.

The median existing-home sales price for all housing types rose again on an annual basis, marking 117 consecutive months of gains.

“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey

The partnership will help potential homeowners find down-payment assistance programs to make homeownership more attainable, especially for first-time buyers.

LoanSnap said it used its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.