News Flash

The Most Expensive Street in the Nation Is...
When it comes to the priciest office rents, coastal markets dominate this aspect of the commercial real estate industry.   In a new study issued by JLL Research, nine of the 10 most expensive streets for office rent are either in West or... Read more
The median rent price for a one-bedroom unit in April was $1,012 per month, according to new data from Abodo
Airbnb Highlights Haitian and African Rentals
Airbnb has waded into the controversy regarding profane comments attributed to President Trump by announcing it will spend at least $100,000 on digital advertising promoting its listings in Haiti, El Salvador and sub-Saharan Africa.  ... Read more
Chicago Hailed for “Have It All” Neighborhoods
When it comes to neighborhoods that can boast of affordable homes, highly rated schools, access to public transit and a generous housing inventory, it seems that there are only 25 areas out of the 80 major U.S. markets that make the grade... Read more
President Trump’s nomination of Jerome Powell to become the next chairman of the Federal Reserve is being sent back to the Senate Banking Committee for a second vote on Jan. 17
Powell’s Fed Nomination Goes Back to Committee
President Trump’s nomination of Jerome Powell to become the next chairman of the Federal Reserve is being sent back to the Senate Banking Committee for a second vote on Jan. 17.   According to a Reuters report, the committee already... Read more
The problems that impacted home production in 2017—specifically, the shortage of affordable, buildable lots and the scarcity of labor affected home production
NAHB: 2017 Production Woes Will Continue in 2018
The problems that impacted home production in 2017—specifically, the shortage of affordable, buildable lots and the scarcity of labor affected home production—will continue into 2018, according to a survey from the National Association of... Read more
Sen. Elizabeth Warren (D-MA) has crossed the aisle to team with Sen. Thom Tillis (R-NC) to introduce the Protecting Veterans from Predatory Lending Act of 2018
Bipartisan Bill Seeks Crackdown on VA Loan Churning
Sen. Elizabeth Warren (D-MA) has crossed the aisle to team with Sen. Thom Tillis (R-NC) to introduce the Protecting Veterans from Predatory Lending Act of 2018.   According to the senators, the new bill is designed to address the issue of... Read more
A federal judge has ruled in favor of President Trump’s appointment of Mick Mulvaney to serve as Acting Director of the Consumer Financial Protection Bureau (CFPB)
Judge Backs Mulvaney as CFPB Acting Director
A federal judge has ruled in favor of President Trump’s appointment of Mick Mulvaney to serve as Acting Director of the Consumer Financial Protection Bureau (CFPB).   The Associated Press reports that Judge Timothy Kelly issued a 46-page... Read more
Sen. Elizabeth Warren (D-MA) and Sen. Mark Warner (D-VA) have introduced legislation designed to hold credit reporting agencies more accountable for security breaches involving consumer data
New Bill Seeks Greater Credit Reporting Agency Accountability
Sen. Elizabeth Warren (D-MA) and Sen. Mark Warner (D-VA) have introduced legislation designed to hold credit reporting agencies more accountable for security breaches involving consumer data.   The senators’ proposed Data Breach Prevention... Read more
Average mortgage rates are on the rise again, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS)
Mortgage Rates and Applications Are Up
Average mortgage rates are on the rise again, according to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 3.99 percent for the week ending Jan. 11, up from last week when it... Read more
Buying a home is more affordable than renting in more than half of the nation’s housing markets
Buy or Rent? It Depends Where You Live
Buying a home is more affordable than renting in more than half of the nation’s housing markets, but nearly two-thirds of the population live in the markets where it more affordable to rent than buy. However, buyers are increasingly... Read more