Housing and real estate news today

Here are some of the latest housing and real estate news stories:

National News

  1. Mortgage Rates Hit 3-Year Low: According to Freddie Mac, the average 30-year fixed mortgage rate fell to 3.13% this week, the lowest level since September 2017. (Source: CNBC)
  2. Housing Market Sees Slight Rebound: The National Association of Realtors (NAR) reported that existing home sales rose 1.3% in February, the first increase in six months. (Source: NAR)
  3. New Home Sales Surge: The Census Bureau reported that new single-family home sales jumped 16.6% in February, the largest monthly increase since 1992. (Source: Census Bureau)

Regional News

  1. California Housing Market Sees Slowdown: The California Association of Realtors reported that the state's housing market saw a 10.3% decline in sales in February, citing high prices and interest rates. (Source: CAR)
  2. New York City Sees Record-Breaking Sales: The Real Estate Board of New York reported that Manhattan residential sales reached a record high in the first quarter, with a median sales price of $1.04 million. (Source: REBNY)
  3. Florida Housing Market Remains Strong: The Florida Association of Realtors reported that the state's housing market saw a 3.4% increase in sales in February, driven by low interest rates and a strong economy. (Source: FAR)

Industry News

  1. Zillow Acquires ShowingTime: Zillow announced that it has acquired ShowingTime, a leading provider of showing management software for real estate agents and brokers. (Source: Zillow)
  2. Redfin Launches AI-Powered Home Tours: Redfin announced the launch of its AI-powered home tour feature, which uses virtual reality and artificial intelligence to give homebuyers a more immersive viewing experience. (Source: Redfin)
  3. Keller Williams Expands into Canada: Keller Williams announced that it is expanding into Canada, with plans to open offices in Toronto and Vancouver. (Source: Keller Williams)

Regulatory News

  1. FHA Raises Mortgage Insurance Premiums: The Federal Housing Administration (FHA) announced that it is raising its mortgage insurance premiums by 0.25% to help offset losses in its insurance fund. (Source: FHA)
  2. CFPB Proposes Changes to Mortgage Servicing Rules: The Consumer Financial Protection Bureau (CFPB) proposed changes to its mortgage servicing rules, aimed at improving communication and transparency for borrowers. (Source: CFPB)

These are just a few of the latest housing and real estate news stories. If you're looking for more information or have specific questions, feel free to ask!