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In his first Federal Open Market Committee (FOMC) meeting as Fed Chair, Kevin Warsh held rates steady and announced the formation of five task forces to review the Fed’s operations. He also stripped forward guidance from the policy statement entirely. The FOMC voted to maintain the federal funds rate at 3.5% – 3.75%, citing solid…

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Alex Quate Realtor®/TV Host Fathom Realty Greensboro, North Carolina https://www.linkedin.com/in/alexquatehomes/ Region served: The Piedmont Triad, including Winston-Salem, Greensboro, High Point and Kernersville Years in real estate: 9 Favorite part of your job: Helping people make confident, life-changing decisions through real estate—and guiding them through that process with clarity, strategy and intention.  Motto/work philosophy that you…

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The Mortgage Bankers Association is pointing to a combination of economic and geopolitical forces ultimately netting a decrease in mortgage application activity this week.  The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows application activity decreasing 3.8% on a seasonally adjusted basis from a jump…

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The Real Brokerage has announced that entrepreneur and JPAR Real Estate founder JP Piccinini has joined Real as a Growth Leader. In this role, he will work closely with Chief Growth Officer Jason Cassity to support agents, teams and brokerage leaders across the Real network. Over the course of his career, Piccinini has served as…

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With housing affordability weighing heavily on the minds of U.S. home buyers, a new report isn’t moving the needle in the right direction in a new record number of cities that now have starter homes beginning at a minimum of $1 million.  According to new analysis from Zillow, the number of cities with $1 million…

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Broward County home sales posted year-over-year gains for the third consecutive month in May, fueled by rising luxury transactions, increased dollar volume and continued demand across South Florida, according to the latest housing statistics released by MIAMI REALTORS® + RWorld, the MIAMI MLS and BeachesMLS. Total home sales increased 0.9% year-over-year in May 2026, with…

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PLACE announced that it has appointed Emily Paquette as chief strategy officer, where she will lead the company’s consumer growth strategy, content initiatives and strategic acquisition efforts.  In the newly created role, Paquette will oversee the development of PLACE’s consumer platform, expansion of its content ecosystem and evaluation of acquisition opportunities aimed at strengthening the…

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Summer arrives with a positive sign for the housing market, as the National Association of Realtors®’ (NAR) pending home sales report shows growth month-over-month and year-over-year in May 2026. Gains were felt across all four major regions of the United States.  “A late spring buyer rush—even with mortgage rates not budging—is an indication of pent-up…

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Three Virginia congressional representatives have sent letters to the Federal Trade Commission (FTC) encouraging further investigation into listing portal practices and their effects on housing affordability. Jennifer McClellan and Don Beyer (both Democrats) sent a letter to FTC Chairman Andrew Ferguson on May 29. On June 12, Ben Cline (a Republican) sent a second, substantively…

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