May 2026

Zillow seeks injunction as MRED threatens data feed cutoff

Midwest Real Estate Data (MRED) is threatening to suspend its listing data feeds to Zillow Group websites, including Zillow.com and Trulia.com, unless Zillow cures what the MLS says is a material breach of its license agreements by late Tuesday. In an announcement on Monday, the Illinois-based MLS said it will cut off Zillow’s IDX and VOW data feeds at 11:59 p.m. CDT on Tuesday, May 19, 2026, if...

FHA turns attention to the ‘flipping rule’ and AVMs

The Federal Housing Administration (FHA) would like to review its anti-flipping rule and reforms to automated valuation models (AVMs), according to Matt Jones, deputy assistant secretary for the FHA’s Office of Single-Family Housing. “We think our AVM, our valuation technology, has improved significantly since that rule was put in place a couple decades ago,” Jones said. “We’d like to take a...

Greater Palm Beach Area Residential Market Extends Recovery in April

Cash Buyers Propel Sales Amid Tighter Supply Palm Beach County's housing market posted another month of gains in April, with home sales rising for the eighth straight month as affluent cash purchasers, severely constrained inventory and ongoing migration into South Florida sustained prices despite persistently high mortgage rates. Total residential closings in the county climbed 4.7% from a year earlier...

Mortgage rates are at yearly highs, but housing demand is still positive

Mortgage rates and the 10-year yield both hit yearly highs after the Friday massacre in the bond market, as we didn’t get any positive news on ending the conflict in Iran. Even with all that, our weekly pending home sales data is still positive year over year, for now. The weekly mortgage purchase application data was positive year-over-year and week-over-week. However, when mortgage rates rise above...

7 Showstopping Lighting Trends for 2026 (15 photos)

At the spring 2026 High Point Market in North Carolina, new lighting products embraced oversize scale, layered materials, decorative shades and organic forms — with fixtures functioning as statement pieces as much as sources of illumination. Here are seven standout lighting trends from the April...

Momentum MLS adds Rayse as member benefit

Momentum MLS and Rayse announced a new partnership aimed at improving transparency, communication and client engagement throughout the real estate transaction process. The collaboration will provide Momentum MLS subscribers with access to Rayse as a member benefit, giving agents tools to guide buyers and sellers through transactions with real-time updates and structured client communication. The...

How loan officers are saving deals as mortgage rates cross 6.6%

Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%. Originators are encouraging borrowers to ask for more seller credits, recalibrate their home search criteria and rush to close deals as quickly as possible. Rates for 30-year fixed mortgages reached 6.62% on Friday afternoon, up 5 basis points from the prior day, according to Mortgage News Daily. At...

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