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Existing-Home Sales Rise 1.5% in September as Mortgage Rates Ease Slowly
The latest report from the National Association of Realtors® (NAR) on existing-home sales today revealed a 1.5% month-over-month increase in September, and a 4.1% year-over-year increase in sales–key factors that could signal growing buyer confidence and demand as mortgage rates ease. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Economist Lawrence…
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Legislative Round-Up: Road to Housing Advances in Senate; Algorithmic Price-Fixing Banned in 2 States
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Road to Housing bill passes Senate On Friday, October 10, 2025, the U.S. Senate passed the Road to Housing Act as part of a larger legislative package. The bipartisan bill is a comprehensive housing…
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Supreme Court Lets Stand Landmark Floor Plan Ruling in Major Win for Real Estate Industry
A protracted legal battle over whether real estate professionals can create and share floor plans when marketing homes finally ended Monday after the Supreme Court declined to revisit an appellate court’s decision allowing the practice. The high court’s refusal to hear the case reconfirms the January ruling from the Eighth U.S. District Court of Appeals…
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Fannie Mae CEO Priscilla Almodovar Exits; New Acting CEO Named
With the future of Fannie Mae in flux due to President Trump’s stated desire to potentially privatize it, CEO Priscilla Almodovar stepped down as the head of the mortgage giant on Oct. 22, with Peter Akwaboah, Fannie Mae’s current COO, appointed to the additional role of acting CEO of Fannie Mae, according to William J.…
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