Tag Archives: News Brief

Portland tries a new affordable housing fix: paying homeowners to rent spare rooms

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Portland is paying homeowners to rent spare bedrooms through a new pilot with PadSplit, aiming to expand affordable housing without new construction. Continue reading →

Existing-home sales post February gain after decade-low 2025 figures

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Existing-home sales increased 1.7 percent on a monthly basis, but housing demand continues to lag behind wage growth and job gains, NAR Chief Economist Lawrence Yun said. Continue reading →

New Senate bill would force large investors to sell after 7 years

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Lawmakers have asserted that by curbing how long large investors may own build-to-rent homes, it will help eliminate competition for everyday homebuyers and lead to lower prices. Not everyone agrees. Continue reading →

The market keeps tipping toward a pool of reluctant buyers

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Mortgage rates and the median listing price are down while active inventory is up year over year, but more positive movement may be required for hesitant buyers this spring. Continue reading →

Spring market shows early signs of green shoots

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Early data shows that existing-home sales were up in February and that relistings are experiencing a surge, signaling consumer confidence in the market. Continue reading →

Tracy Tutor sues Oren Alexander as jury deliberates federal case

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The luxury broker and “Million Dollar Listing” star alleged she was drugged by Oren Alexander and sexually assaulted by him and another unnamed man during a Douglas Elliman recruiting event in 2014. Continue reading →

NWMLS wants to use a Zillow ruling in its battle with Compass

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The Seattle-based MLS argued that a ruling in a case involving Zillow has parallels to its own legal battle against Compass. Continue reading →

Mortgage applications saw healthy boost during sub-6% rate week

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Buyers responded with enthusiasm to a dip in mortgage rates last week, but this week’s rate spikes and conflict in Iran could lead to a downturn in mortgage applications in weeks to come. Continue reading →

Mortgage rates surge upward amid Iran conflict

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After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict. Continue reading →

New anti-money laundering rule for cash purchases is now in effect

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Under the new rule, when a legal entity or trust purchases a piece of residential real estate without the use of financing, closing or settlement agents must report details of the transaction. Continue reading →