Frank Lloyd Wright’s prairie-style DeRhodes House lists near $1.18M

The first home that late American architect Frank Lloyd Wright ever built in Indiana, near the beginning of his storied career — and one of just two in South Bend — has just hit the market for $1.175 million. Continue reading

2 Americas: Housing markets the Great Rebalancing has left behind

The market has undeniably shifted from the extreme seller’s environment of the early pandemic. But in much of the U.S., buyers still face substantial inventory constraints, an Intel analysis shows. Continue reading

Court denies CFPB’s request to vacate fair lending settlement

Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request “a Pandora’s box the court refuses to open.” Continue reading

NAR downplays former employee’s amended retaliation complaint

Former National Association of Realtors project manager Roshani Sheth updated her complaint with more details, but the trade organization insists her additional allegations “doom” her claims. Continue reading

CFPB enforcement chief resigns, saying mission ‘under attack’

The Trump administration is seeking to cut 90 percent of the CFPB’s workforce, and has dismissesd about 20 active enforcement cases and moved to vacate or weaken several finalized settlements. Continue reading

Brad Loe joins Corcoran Group to head Chelsea Flatiron office

Loe has more than two decades of industry experience and most recently served as executive vice president and director of sales at Berkshire Hathaway HomeServices New York Properties. Continue reading

Luxury home values have hit $1.8M, bucking the spring slowdown

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury home… Continue reading

US inventory exceeds 1M homes for first time in 6 years

Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading

Home price growth rose seasonally in March, but continues to slow

The S&P CoreLogic Case-Shiller National Home Price NSA Index rose by 3.4 percent on an annual basis in March and the Federal Housing Finance Agency’s Home Price Index rose 4 percent. Continue reading

Village to take Pope Leo XIV’s former home via eminent domain

Weeks before the current owners planned to sell the home in Dolton, Illinois, by auction, the Chicago suburb announced it would take ownership with its eminent domain powers. Continue reading