Real estate economist Matthew Gardner joins Agent Publishing Co-Publisher Anne Hartnett to unpack the biggest housing trends from the second quarter, plus the potential impact of a new Fed chair and the future of Fannie Mae and Freddie Mac.

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

A U.S. District Court judge in Texas dismissed an antitrust case that alleged the National Association of REALTORS’® policy of mandatory involvement in local, state and national Realtor associations violates federal antitrust laws.

The 3-story building currently serves as a law office, but it’s also a stop on Boston’s Freedom Trail.

At the same time, the pace of existing-home sales declined from May’s level. 

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

“Following the tragic floods in Texas, we at the National Association of REALTORS® and the Realtors Relief Foundation are heartbroken at the lives lost and the communities devastated,” said RRF President Greg Hrabcak.

Texas transactions made up 10% of all international home purchases this past year, according to a report from the National Association of REALTORS®.

Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said. 

Zillow has rolled out five new features this summer to make searching for homes easier and more efficient.

GoBankingRates looked at cities with 5,000 or more households and narrowed it down to the 50 cities with the highest average household income.

The project features 285 multifamily units and 12,500 square feet of retail space.

The National Association of REALTORS® debuted its Market Statistics Dashboard for members, which provides local housing data intended to help clients buy and sell homes.  

The results are in! Based on thousands of votes, these are this year’s finalists in the annual DFW Agents’ Choice Awards.

The FICO alternative is expected to greatly expand the number of eligible borrowers by allowing rent and utility payments to count toward a credit score. 

Purchase applications hit their highest level since February 2023.