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Real Estate News

Home » Real Estate News
Bald man in a navy suit and pink tie speaks passionately at a congressional hearing with panelists seated behind him at a long desk.
Real Estate News

NAR President Addresses LLPA Mortgage Fees After Last Week’s DTI LLPA Rescission

Last week, the FHFA announced its decision to rescind DTI LLPA fees. This week, NAR President Kenny Parcell testified against another LLPA fee issued by the FHFA—this one for borrowers with fair to good credit.

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May 19, 2023
Red British telephone booth on a city street with large gold '100%' text in the foreground
Real Estate News

Are the U.S. and Canada Next? Brits Are Being Offered No-Deposit 100% Mortgage Loans

A new mortgage product introduced by Skipton Building Society will allow first-time home buyers in the UK to purchase a home with a no-deposit 100% mortgage loan, which hasn’t been available since 2008.

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May 17, 2023
Plunk x Milestones collaboration logo on a blue–purple gradient background
Real Estate News

AI Powered Remodel Insights

The latest development in AI home valuation tools is a new Plunk partnership with Milestones.ai. It provides nationwide access to AI-powered home remodeling insights and project recommendations.

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May 16, 2023
Promotional banner: Byron Lazine vs Dave Cullinane with BAM and Barstool Sports logos on a black background.
Real Estate News

BAM vs. Barstool Sports: Real Estate Debate

Byron Lazine and Dave Cullinane will engage in a live BAM vs. Barstool Sports debate on Monday, May 15 at 7 pm ET. Dave’s unhinged rant against The Real Word on a recent episode of The Kirk Minihane Show led to Byron’s invitation, which Dave accepted.

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May 15, 2023
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Hot Sheet

Home Price Predictions (with and without a U.S. default on debt): Hot Sheet Recap

The Hot Sheet recap for May 8th – 12th covers what will happen to home prices, with predictions with and without a U.S. default on debt. Plus, the FHFA rescinds its DTI LLPA fee and a dip in spring housing inventory.

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May 13, 2023
Young child in a green and white shirt stands close to a large circular sign that says “THEATRE,” fist clenched with chalk on his hand.
Real Estate News

FHFA Rescinds DTI LLPA After Pushback from Industry Stakeholders

On Wednesday, the FHFA announced it would rescind its DTI LLPA fee for conventional borrowers. The decision comes after the FHFA announced a delayed implementation to better understand the concerns of industry stakeholders.

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May 11, 2023
Businessman in a suit on the left with a red upward arrow among wooden arrows, symbolizing innovation and growth.
Real Estate News

Lawrence Yun’s Real Estate Market Forecast (and why he called out the Fed)

At the National Association of Realtors® 2023 REALTORS® Legislative Meetings, Chief Economist Lawrence Yun took to the stage to discuss the current real estate market, and what he forecasts for the residential and commercial real estate markets.

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May 10, 2023
Collage of six Hot Sheet thumbnails showing a man at a microphone with bold captions like 'Huge shift incoming'.
Hot Sheet

What the Fed’s Rate Hike Means for the Housing Market: Hot Sheet Recap

The Hot Sheet recap for May 1st – 5th covers what the Fed’s rate hike means for the housing market, the current seller’s market, CoreLogic’s Home Price Insights, and Steve Harney’s take on home prices.

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May 6, 2023
New York City skyline with a large 'NEW YORK' title and a gas stove with flames crossed out by a red prohibition circle, indicating a gas-stove ban.
Real Estate News

It’s Really Happening: New York Becomes the First State to Ban Gas Stoves in New Buildings

New York just became the first state in the U.S. to ban gas stoves and furnaces in new residential buildings, with some notable exceptions.

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May 5, 2023
Office desk with a large 'TOP SECRET' folder, a miniature house model on papers, and scattered stationery suggests confidential real estate work
Real Estate News

CREA’s New Rule Changes How Agents Can Market Homes

CREA’s new rule, passed on April 18th with 82% of the vote, changes how agents can market homes by requiring off-market listings to be added to the MLS within three days of any public marketing moves.

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May 4, 2023
Zillow and Redfin logos displayed together on a blue-purple tech-themed background with a cloud icon in the center.
Real Estate News

Zillow and Redfin Announce ChatGPT Plugins to Change the Way People Search for Homes

On May 2, 2023, Zillow announced the launch of a Zillow ChatGPT plugin. On May 3rd, Redfin announced its own ChatGPT plugin. Both allow users to search for homes using conversational language.

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May 4, 2023
Young girl in foreground smiling with a burning building and firefighters behind her, a yellow fire hose on the ground.
Real Estate News

What Investors Wished They Knew Before Becoming Landlords

As March brought a 22% annual increase in landlords listing their properties for the first time through Zillow Rental Manager, Zillow research revealed what landlords wished they knew before investing in rental properties.

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May 2, 2023
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