National News

HomeSmart launches rebrand with new logo

HomeSmart’s updated logo retains the brand’s red diamond symbol with a modernized monogram and typeface.

How the housing market shift is giving buyers the edge

Across reports from Realtor.com, Zillow and Redfin, the data converges on one clear truth: the housing market’s momentum is tilting toward those shopping for homes rather than those selling them.

S&P Cotality: Chicago home-price growth remains steady despite national slowdown

Staid markets in the Midwest that missed the fervid speculation of the pandemic are now enjoying healthy gains.

New-home sales crush expectations in August, jump 20.5% from July on builder incentives

The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022. 

Fannie Mae lowers mortgage-rate forecasts after Fed cut

Fannie Mae also reduced its forecasts for home sales in 2025 and 2026. 

Compass to acquire Anywhere Real Estate for $1.6B

The stock-swap deal will bring Anywhere’s brands, including Better Homes and Gardens, CENTURY 21, Coldwell Banker and Sotheby’s International, under the Compass umbrella. 

NAR survey finds Realtors willing to pay for technology tools

The annual survey finds most Realtors pay at least $50 a month for work technology, despite a majority feeling satisfied with the tech provided by their brokerages.

RE/MAX: Chicago home sales rise year over year in August

The decline in sales came as a 17-month run of year-over-year increases in new listings came to a close.

Rate launches mortgage industry’s first mobile app in Spanish

Rate has launched the first fully integrated Spanish-language mobile app from a U.S. mortgage lender. 

Fed cuts rates by quarter point, nods to further reductions

The move was widely anticipated and is expected to be followed by additional cuts this year. 

mortgage applications
Mortgage applications jump almost 30% ahead of anticipated Fed rate cut

The jump in mortgage activity was driven in large part by refinancings, which surged 58% in the week ended Sept. 12. 

August single-family construction falls to slowest pace since July 2024

At the same time, completions of new single-family homes were on the rise last month, according to federal statistics. 

Realtor.com: Mid-October is best time to buy a home in 2025

Looking for the best time to buy in 2025? It’s the week of Oct. 12–18, says Realtor.com. 

Home price appreciation increases 2.4% in August as Midwest leads growth

So far in 2025, home prices have grown at about half the pace of 2024.

mortgage applications
MBA: Mortgage applications hit highest level since 2022

The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024. 

Cotality notes further movement toward buyer’s market in latest Home Price Insights report

The rate of home-price appreciation slowed to just over half the rate of inflation in July, Cotality noted. 

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