While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of breaching their contracts, engaging in fraudulent activities, misrepresenting facts, misappropriating...
The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3% fewer total sales than in 2024. But in May and June, the yearly comparisons get easier because last...
The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority. The draft legislation, introduced by the tax-writing Ways and Means Committee in the House of Representatives on Monday, was released ahead of a...
ERA Experts — a franchise affiliate of ERA Real Estate — has made a strategic investment in Austin-based Sprout Realty LLC, which will now operate as Sprout Realty ERA Powered. Leaders said the move is aimed at accelerating Sprout Realty’s growth across Austin, Waco, Dallas-Fort Worth and other parts of northwest Texas, while allowing the firm to maintain its brand identity and leadership...
Don't forget to stash...
Tokyo and Seoul drive uptick; Office investment surges 42% quarter-on-quarter Asia Pacific's commercial real estate (CRE) investment market held firm in the first quarter of 2025, with total transaction volume reaching $32.8 billion -- a marginal 1% dip from the previous quarter but up 11% year-over-year, according to new data from CBRE. The Q1 results were buoyed by a noticeable pickup in activity in...
If someone had told me that home sales would remain firm this year despite mortgage rates ranging from 7.25% to 6.64%, I would not have taken that bet. However, amid all the chaotic economic headlines of 2025 so far, the demand for mortgages is holding steady, even with the higher rates. Let’s dig into the latest Housing Market Tracker data to see what last week brought us. Purchase application...
An electrician shares the top red flags to watch...
Curb appeal is important when selling your home, but some updates can actually harm resale...
As homelessness continues to rise nationwide, one nonprofit is pushing for a paradigm shift. DignityMoves, a San Francisco-based organization, has been leading the charge for what its founder and CEO Elizabeth Funk calls “interim supportive housing.” These cost-effective tiny home communities aim to help individuals stabilize their lives while waiting for permanent housing options that are often...
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