Real Estate Agency Faces Backlash Over Incentivized Reviews
Article Summary An Australian real estate agency has drawn criticism for offering tenants a chance to win a week’s free rent in exchange for leaving a five-star Google...
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Mortgage Rates See Modest Drop Amid Market Adjustments
Article Summary Mortgage rates in the U.S. have declined slightly, offering a small relief to homebuyers navigating affordability concerns. According to Freddie Mac’s latest...
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BofA’s Head of Branches: ‘Proximity Is Still Important to People’
Article Summary Despite the rise of digital banking, Bank of America continues to emphasize the importance of physical branches in maintaining customer relationships and...
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Luxury Home Prices Climb as Pending Sales Decline
Article Summary: Luxury home prices continue to rise, reaching a near-record $1.34 million in April, marking a 6.5% increase year-over-year. However, pending sales of luxury...
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Investors Retreat from Condo Market Amid Rising Costs
Article Summary: Investor purchases of condos have dropped to their lowest level in 10 years, with transactions falling 3% year-over-year in Q1 2025. Nearly 70% of condos...
Read MoreMortgage Applications Decline as Home Prices Continue to Rise
Article Summary: Mortgage application activity fell for the second consecutive week as home prices continued to climb. The Market Composite Index, which tracks mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis for the...
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Trump Plans to Take Fannie Mae and Freddie Mac Public
Article Summary: President Donald Trump has announced plans to take Fannie Mae and Freddie Mac public, marking a potential shift in the U.S. housing finance system. The two...
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Mortgage Rates Edge Higher, Pressuring Homebuyer Affordability
Article Summary: Mortgage rates are creeping closer to 7%, with the 30-year fixed-rate mortgage averaging 6.89% as of May 29, up slightly from 6.86% the previous week. The...
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New Apartments Are Sitting Vacant, Giving Renters More Power
Article Summary: A surge in new apartment construction has led to an unusually high number of vacant units, giving renters more leverage in negotiations. 49% of newly built...
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NAR Study Finds Housing Affordability Gap Persists
Article Summary A new study from the National Association of Realtors (NAR) highlights ongoing challenges in housing affordability across the U.S. Households earning $75,000...
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