Fannie Mae economists lower their expectations for 2024 home sales

Mortgage rates have moved lower in recent months, but Fannie Mae economists said Wednesday that this won’t be enough to increase the number of homes sold in the foreseeable future.Fannie Mae’s Economic and Strategic Research (ESR) Group downgraded its forecasts for 2024 and 2025 home sales based on

Consumer groups urge FHFA to update climate standards for GSE-backed homes

A coalition of interest groups oriented around climate issues has launched a social media campaign designed to pressure the Federal Housing Finance Agency (FHFA) into adopting up-to-date energy-efficiency standards for homes backed by the government-sponsored enterprises (GSEs) Fannie Mae and Freddi

Agents are prepping sellers for a greater variety of offers

While there have not been any “horror stories” in the first few days since business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement were implemented, that doesn’t mean it has been completely smooth sailing for real estate professionals

San Francisco’s $25 Million Red Rock Island Finally Lines Up a Buyer—So, Who Snapped Up the Iconic ‘Oasis’?

Realtor.comSan Francisco Bay’s only private island may have finally found a buyer after eight months on the market.The iconic Red Rock Island was most recently listed for $25 million in December 2023. The place has traded hands six times since 1969 and now appears to have found yet another buyer.Acc