Mortgage rates remain elevated but application volume remains higher than last year at this time, according to the latest data from the Mortgage Bankers Association (MBA).  The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows little change in application activity this week, increasing 1.0% on…

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Above, Jonathan L. Mechanic The Real Estate Board of New York (REBNY) announced that Jonathan L. Mechanic, chairman of law firm Fried Frank’s Real Estate Department, has been elected to serve as the next chair of REBNY. His election marks the first time in REBNY’s history that a practicing attorney will lead the organization.  “Jonathan…

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Above, from left: Howard ‘Hoby’ Hanna and John Featherston Howard Hanna Real Estate Services has seen significant growth and expansion over its nearly 70 years in business, even amid the intense consolidation currently taking place in the residential real estate industry. During the latest RISMedia Industry Briefing, RISMedia Founder and CEO John Featherston sat down…

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Affordability and decreased buyer demand continue to put downward pressure on the housing construction industry, with new-home sales seeing a significant month-to-month dip in the latest data from the Census Bureau and the Department of Housing and Urban Development. The New Residential Sales report saw new-home sales fall 7.3% to a rate of 580,000 in…

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When Nick Van Assche set out to grow Sea Glass Properties into a full-fledged franchise operation, he knew that vision without infrastructure was just a dream. As a partner at the Virgin Islands-based brokerage with 140-plus agents that has sold over $2.4B of resort/lifestyle/second-home real estate and an emerging franchisor with ambitious expansion plans, Van…

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The long-debated 21st Century ROAD to Housing Act made it past its final vote in Congress when the House approved the omnibus bill by a 358-32 vote last night. However, on its last leg to passage, it hit a snag when President Donald Trump announced on social media this morning that he was canceling the…

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A federal judge has ordered two of the real estate defendants in the high-stakes Taylor v. Zillow class-action lawsuit to resolve their claims through arbitration, effectively pulling them out of court proceedings for now. U.S. District Judge James L. Robart granted a motion to compel arbitration filed by Real Broker, LLC and Florida-based Frano Team…

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Homebuyers with kids might be advised not to land on a home too small if they intend to stay there, as a new report explains that their offspring may very likely be with them there past college years. A record 25.2 million adults under 35 lived with their parents in 2025, surpassing even the pandemic…

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Long awaited by the industry, the House officially voted Tuesday night by a vote of 358-32, to pass the updated and amended version of the 21st Century ROAD to Housing Act, an omnibus housing bill that now heads to President Donald Trump’s desk for final passage.  The sprawling, bipartisan bill, which has been characterized as…

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Weichert Real Estate Affiliates, Inc. announces the organization has reached the milestone of 25 years in business helping independent real estate brokerages grow and succeed through its franchise system’s tools, training and support.  The organization was established in 2001 by Jim Weichert, president, chairman and CEO of Weichert Companies, created to provide brokerage owners with…

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