Tariff threats prompt builders to pump brakes on new construction

Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading

First American CEO Ken DeGiorgio terminated, new CEO named

First American Financial Corporation has appointed Mark E. Seaton as its new chief executive officer, just weeks after the title insurer’s former CEO Kenneth DeGiorgio was charged with misdemeanor assault. Continue reading

Tariffs, stalled construction threaten to end rent stability

As of March, the median asking rent dipped slightly year over year to $1,610. That’s just a 0.6 percent decline from the previous year and a slight 0.4 percent increase from February. While those very subtle changes have offered some relief to renters,… Continue reading

Jeff Bezos sells Seattle-area estate for recording-breaking $63M

The Amazon founder has sold his luxurious estate in Hunts Point, just outside of Seattle, for $63 million — setting a a new state record, the “Puget Sound Business Journal” reported Thursday. It’s the second time that this particular property has made… Continue reading

Virginia-based Austin James Realty brings team to Keller Williams

Austin James Realty’s team is heading to Keller Williams Coastal Virginia Chesapeake, executives announced Thursday. In 2024, the team inked 117 transactions totaling $36.1 million in sales. Continue reading

Buying vs. renting: The income gap is widening, Redfin says

The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading

Buyer scoops up ‘Full House’ home with stars’ signatures for $6M

The sale marks the first time the home has changed hands since 2020, when it was purchased for $5.35 million by “Full House” creator Jeff Franklin. Continue reading

Record down payments reveal a divided housing market

According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading

Fannie Mae lays off 100 workers citing unethical conduct

Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading

Fannie Mae lays off 100 workers citing unethical conduct

Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program. Continue reading