September 2025

AREAA releases 2025 A-List of top-producing agents and teams

The Asian Real Estate Association of America (AREAA) has named 109 individual agents and 64 teams to its annual A-List of top producers. Honorees closed 7,743 transaction sides and recorded $8.49 billion in sales volume in 2024. The top 50 agents and 25 teams will be recognized at AREAA’s national convention in Santa Monica, Calif., Oct. 2-4. “The A-List represents more than a set of rankings...

Clayton debuts CrossMod manufactured homes at HUD showcase

Tennessee-based homebuilder Clayton Homes presented the first official single-section CrossMod manufactured homes at the U.S. Department of Housing and Urban Development’s 2025 Innovative Housing Showcase this past weekend. The event allowed the public, policymakers and housing leaders to tour the model, which was introduced following the expansion of conventional financing options by Fannie Mae and...

MDLLA’s Tracy Tutor brings $4.55M designer-redone home to market in L.A.’s Outpost Estates

Million Dollar Listing Los Angeles star Tracy Tutor is adding another headline-making property to her portfolio — this time a meticulously restored 1938 residence in the coveted Outpost Estates at the base of the Hollywood Hills. Asking $4.55 million, the 1938 residence has been reimagined by design studio Two Muse, known for their artful mix of vintage pieces, bespoke furnishings, and modern...

Tokenization-Focused Real Estate Investment Bank Announced

World Property Bank Targets Multi-Trillion Dollar Real Estate Tokenization Opportunity Miami-based World Property Ventures, a global proptech venture firm operating at the intersection of Main Street real estate, Wall Street finance, Silicon Valley innovation, and DARPA-grade disruption, announced this week a new digital investment bank aimed at transforming global real estate capital markets. The...

Black U.S. Homeownership Rate Falls to Two-Year Low as Job Losses Mount

The U.S. homeownership rate for Black households dropped to 43.9% in the second quarter, its lowest level since late 2021, according to new data from Redfin. That's down from 45.3% a year earlier, marking the steepest annual decline since the third quarter of 2021. By contrast, Hispanic homeownership edged higher to 48.8% from 48.5%. Ownership among non-Hispanic white households slipped to 74% from 74.4%,...

Homeownership among Black Americans drops to 4-year low

The homeownership rate among Black Americans fell to 43.9% in the second quarter of 2024, the lowest level since late 2021, according to Redfin. That was down from 45.3% a year earlier and marked the steepest annual decline since the third quarter of 2021. !function(){"use strict";window.addEventListener("message",function(a){if(void 0!==a.data){var e=document.querySelectorAll("iframe");for(var t...

Fannie Mae: Consumer housing sentiment slips in August

Americans grew slightly less confident about the housing market in August, as more consumers expressed concerns about job stability, selling conditions and future home prices, according to Fannie Mae’s monthly National Housing Survey. The agency’s Home Purchase Sentiment Index (HPSI) fell 0.4 points to a reading of 71.4 — with four of its six components declining. More positive outlooks for...

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