Real Estate News

Trump names Scott Turner the new HUD secretary HW+

The former pro football player, motivational speaker and prior White House Opportunity and Revitalization Council member was named Friday.

• Michigan suit claims Realtor memberships have no value after compensation banned on MLS HW+

• Alexander brothers claim Side manufactured loan default HW+

• Ben Carson is the frontrunner for HUD secretary, report claims HW+

• Attorneys blow off objections, move for final approval of NAR settlement HW+

• Move claims employee at center of legal battle with CoStar caused at least $5K in damage HW+

Housing Market News

Real estate investors purchased 16% of homes in Q3 2024 HW+

Redfin said the number of homes bought by investors fell 2.3% year over year in Q3 2024. Their market share was the lowest since late 2020.

• Some say Austin’s rental market might collapse. That’s not reality HW+

• Fix-and-flip investors say they’re discouraged by higher mortgage rates, home prices HW+

• An open letter to President-Elect Trump: A housing market in crisis HW+

• Data suggests stability ‘on the horizon’ for home insurance premiums HW+

• Did lower mortgage rates lead to higher home prices in October? HW+