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30-Year Mortgage Drops to 6.56 Percent in Late August, Lowest Since October 2024

U.S. mortgage rates eased slightly this week, reaching their lowest level in nearly 10 months, a development that could provide some relief to homebuyers after two years of elevated borrowing costs. According to Freddie Mac's latest Primary Mortgage Market Survey, the average rate on a 30-year fixed mortgage slipped to 6.56% as of August 28, 2025, edging down from 6.58% a week earlier. While the decline is...

Premier Sotheby’s International Realty restructures North Carolina marketing team

Premier Sotheby’s International Realty has reorganized its North Carolina marketing support team — naming two specialists who will provide regional services to its agents. Hunter Parrish was appointed senior advisor marketing specialist for the firm’s Asheville and western North Carolina offices, including Banner Elk, Blowing Rock, Boone and Linville Ridge. Chris Krauss was named marketing...

Kuper Sotheby’s International Realty adds veteran agents in Austin, San Antonio

Kuper Sotheby’s International Realty has added two established real estate agents to its team in central and south Texas, the company announced Tuesday. Eric Copper joins the Austin office with more than 20 years of experience in luxury real estate. He previously served as a broker for Keller Williams, managing more than 1,600 agents and overseeing $1 billion in annual sales volume. Copper has...

Moody’s economist warns of recession, housing market risk

The U.S. economy may be closer to recession than the Trump administration acknowledges, with housing and construction poised to feel the pinch first, according to Mark Zandi, chief economist at Moody’s Analytics. In an interview with Newsweek, Zandi said his biggest fear, one he has warned about for months, is now materializing — a cascade of weakening job growth, rising inflation and a softening...

Crittora launches secure real estate document delivery tool

Crittora has introduced Qripton Verify — a platform designed to protect title companies, closing attorneys and real estate professionals from fraud attempts that have become increasingly common in property transactions. The American Land Title Association (ALTA) estimates that one in three real estate transactions are targeted for wire fraud attempts. “Real estate professionals are under...

HomeAdvantage forms advisory board with credit union leaders

HomeAdvantage has established an advisory board made up of executives from credit unions across the country, the company announced. The board aims to provide guidance, share industry insights and help shape product development as HomeAdvantage works to expand its programs and strengthen partnerships with credit unions. “By bringing together experienced voices from across our partner network, we...

Behind these Tudor walls: “Winchester house meets Narnia” in this $10M Encinitas oceanfront home with secret rooms

If you’ve ever wished your beach house could double as a life-size puzzle, this $10 million Tudor-inspired estate on Neptune Avenue might be the dream you didn’t know you had. Sitting high above the Pacific with front-row sunset views, the 6,800-square-foot home looks like a classic oceanfront retreat — until you discover its hidden rooms and clever passageways. Listing agents Kurtney Noonan...

Luxe log-style home with cinematic past sits on 8 private acres walled off by giant boulders in the San Fernando Valley

In Los Angeles, privacy usually comes from high walls or thick hedges. This $3.495 million log-style estate in the Santa Susana Mountains takes it a step further — nature does the work. Massive sandstone boulders and twisting oak trees form a natural fortress around the 8-acre property, keeping it completely secluded just 22 miles from Hollywood. And naturally, the home comes with its own page of film...

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