November 2025

Newport Beach oceanfront home hides a 7-car subterranean garage beneath the sand

At first glance, 7210 W. Oceanfront looks like a sleek, contemporary beachfront home — all clean lines, glass walls, and Pacific views. But look closer (or rather, below) and you’ll find something extraordinary: a 1,359-square-foot subterranean garage built directly beneath the sand, complete with its own private car elevator. Listed for $12,900,000 with Tyler Van Twist of IS Luxury of...

U.S. Home Prices Go Flat in September as Inventory Climbs to Six-Year High

According to the latest Cotality Home Price Index, U.S. home price growth slowed to its weakest pace in nearly two years in September 2025, as rising housing inventory and cooling demand weighed on values across much of the country. The index showed national prices up 1.2% from a year earlier, underscoring a market that is gradually losing steam. Total housing inventory reached its highest level since...

Guild sees Q3 revenue surge to $307.4M ahead of Bayview transaction

Guild Holdings Co., the parent company of Guild Mortgage, announced its Q3 2025 earnings on Wednesday afternoon, posting a net revenue of $307.4 million that compared favorably to figures of $279.4 million in Q2 2025 and $159.3 million in Q3 2024. Guild’s net income for the third quarter was $33.3 million, compared to $18.7 million in the second quarter of 2025 and a net loss of $66.9 million in the...

As other markets tighten, Memphis remains a bargain for buyers

The Memphis housing market shifted further into buyer-favorable territory this week, with 45.2% of active listings taking price reductions while homes sat on the market for a median of 84 days. The metro’s 4,455 active single-family listings represent a 17.6% increase from the same period last year, creating the region’s strongest negotiating position for buyers in recent memory. Price adjustments...

Decatur homes sell twice as fast as national average

The Decatur, IL housing market is moving at twice the national pace, with homes selling in just 35 days compared to the 77-day national median, even as median list prices climbed 17.8% year over year to $152,450. The Decatur metro absorbed 24 homes last week, up 33% from 18 homes during the same period last year. Despite the price surge, Decatur remains one of the most affordable markets in the nation...

Mortgage industry backs LLPA changes but is divided over priorities

The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac.  Two weeks ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte said he had tasked Barry Habib — the MBS Highway founder and CEO and a Fannie Mae board member since July...

A growing foreclosure crisis? Not according to the latest Fed data

Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Two laws that deserve credit for the robust numbers are the 2005 bankruptcy reform act and the 2010...

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