California Governor Signs Sweeping Housing Reforms Aimed at Streamlining Development and Curbing Environmental Lawsuits

California Governor Gavin Newsom has signed a series of significant legislative measures designed to accelerate housing construction and address the state’s persistent housing affordability crisis. The package, which includes two…

Kate Kaminski Appointed President of Howard Hughes Communities’ Arizona Region to Lead Teravalis Development

Howard Hughes Communities, the dynamic real estate platform operating under the umbrella of Howard Hughes Holdings Inc., has announced a significant leadership transition, promoting Kate Kaminski to the pivotal role…

Federal Housing Finance Agency Directs Fannie Mae and Freddie Mac to Transition to Bi-Merge Credit Reports

The Federal Housing Finance Agency (FHFA) is poised to mandate a significant shift in mortgage underwriting practices for loans delivered to Fannie Mae and Freddie Mac, moving from the current…

A Super El Niño is brewing — what it could mean for housing

A potent El Niño phenomenon, currently intensifying in the Pacific Ocean, is poised to significantly influence the U.S. housing market throughout the upcoming winter. This climatic event is not expected…

Pending Home Sales Signal a Broadening Weakening in Housing Demand

Pending home sales across the nation have begun to signal a more pronounced and potentially sustained downturn in housing demand, a shift that analysts are closely monitoring as it unfolds…

Archwest Capital Closes $300 Million Rated Securitization Backed by Residential Transition Loans, Marking Third Deal in Less Than a Year

Archwest Capital, a prominent private lender specializing in business-purpose financing, announced the successful closure of its third rated securitization in under a year. The $300 million transaction, designated Archwest Mortgage…

New York City’s Pied-à-Terre Tax Faces Legal Setback as Judge Nullifies Notices

A pivotal ruling by a Staten Island judge has delivered a significant blow to Mayor Zohran Mamdani’s administration, halting the implementation of the controversial pied-à-terre tax. Justice Wayne M. Ozzi…

Zillow Faces Continued Antitrust Scrutiny as Court Allows Tying Arrangement Lawsuit to Proceed

A pivotal legal battle challenging Zillow’s business practices is advancing after a federal judge denied the online real estate giant’s motion to dismiss a significant antitrust lawsuit. The litigation, spearheaded…

The U.S. Housing Market Experiences Widespread Price Reductions Amidst Inventory Growth and Lengthening Sales Cycles

Price reductions are becoming a defining characteristic of the United States housing market as a surge in available inventory coincides with a noticeable increase in the time it takes for…

Ginnie Mae President Signals Administration’s Comfort with FHA MIP Structure Amidst Reverse Mortgage Industry Pushback

The Trump administration, through Ginnie Mae President Joe Gormley, has conveyed a message of contentment with the existing structure of mortgage insurance premiums (MIPs) for both Federal Housing Administration (FHA)…