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ALTA Good Deeds Foundation awards $105K in grants, honors late board chair

The American Land Title Association (ALTA) Good Deeds Foundation has awarded $105,000 in grants to nonprofit organizations across the country, the group announced Tuesday during ALTA ONE. That new round of giving brings the foundation’s total charitable contributions to $1,361,000 since its launch in October 2020. The announcement came with reflection on the recent passing […]

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Illinois offers affordable entry points for first-time buyers

Illinois stands out for affordability as sales stay competitive. HW Data’s Oct. 3 report shows a statewide median list price of $317,000 with 16,108 active listings. The Market Action Index continues to lower and about 36% of active listings recorded a price reduction during the week. New supply totaled 1,810 listings while 2,103 homes moved

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CoStar economist details housing risks of extended government shutdown

As the U.S. government hits its seventh shutdown day under President Donald Trump, economists and real estate analysts are watching anxiously for cracks in the housing market. One week in, there is limited evidence of direct shutdown effects, but many warning signs and structural risks loom. Carl Gomez, chief economist and head of market analytics

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Zillow’s ChatGPT integration could redefine — or violate — MLS policies

Zillow made waves on Monday when it announced an app integration with OpenAI’s ChatGPT. Through the integration, consumers can type a description of what they’re looking for in a property into ChatGPT, and it will provide them with listings complete with photos, maps and pricing, all powered by Zillow.  This integration differs from other recent

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David vs. Goliath: why the Compass–Anywhere deal is a win for the little guys

As the real estate world absorbs the news of Compass’s acquisition of Anywhere — the conglomerate behind some of the industry’s biggest names like Coldwell Banker, Sotheby’s, Century 21 and Corcoran — it’s worth pausing to consider what this means for the rest of us brokerage owners. I’m speaking from the perspective of the boutique,

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High rents and growing inventory create room to convert renters

Rent prices remain high as for-sale supply expands. HW Data shows median rent holding at $2,295, while the for-sale side offers more room to maneuver. The median list price is $444,900 and active inventory stands at 863,972 homes nationwide, giving buyers more choice than earlier in the year. For-sale market edges toward balance HousingWire’s national

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The longer the shutdown continues, the greater the impact on housing

As the federal government shutdown continues, the consequences for the housing market and the broader economy grow more serious by the day. Real estate accounts for nearly 20% of the U.S. economy, touching every community and driving millions of jobs. Each additional day of uncertainty threatens programs that help buyers, sellers, and property owners navigate an

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Is it possible for the GSEs to exit conservatorship without market disruption?

As Fannie Mae and Freddie Mac inch toward a possible release from federal conservatorship, industry leaders on Tuesday discussed potential paths for the government-sponsored enterprises (GSEs), emphasizing the need for market stability and competition. The GSEs’ possible release and the timing of a change is the topic of much speculation. Recent commentary from U.S. Department

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Texas housing inventory grows as sellers trim prices

Texas home sellers are facing a slower fall market as listings spend longer on the market and inventory rises across the state. More than 137,000 single-family homes are now active statewide, equal to about 3.7 months of supply. Prices and inventory The median list price in Texas is $377,558, with new listings entering slightly lower

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Kansas City Fed chair backs cautious approach on rates

Kansas City Federal Reserve Bank President Jeff Schmid said Monday that inflation remains above the Fed’s goal and backed current interest rate policy — even as the labor market cools and housing costs remain a key driver of inflation. Speaking to the CFA Society Kansas City, Schmid said he voted in favor of the Fed’s

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