National News

NAR hails Senate passage of One Big Beautiful Bill Act 

The association said the legislation contains five of its key priorities, including a permanent extension for the mortgage-interest deduction and a temporary quadrupling of the SALT-deduction cap. 

US Conference of Mayors backs Realtor.com’s Let America Build initiative 

The organization issued a statement in support of the pro-development campaign at its annual meeting in Tampa. 

Pending-home sales rise in May as market continues ‘slow thaw’ 

May’s 1.8% monthly gain follows a 6.3% drop in April, the National Association of REALTORS® said. 

FHFA directs Fannie Mae, Freddie Mac to accept cryptocurrency in mortgages

Federal Housing Finance Agency (FHFA) Director William J. Pulte posted to X issuing an order that directs Fannie Mae and Freddie Mac to consider cryptocurrency as an “asset for single-family loans.”  

Case-Shiller: Boston home-price growth slows in April, tracking ‘healthier, more sustainable’ national trend 

The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

NAR: Existing-home sales gain ground in May 

The median-sales price for an existing home rose 1.3% year over year to $422,800. 

New-home construction drops in May 

Homebuilder sentiment recently reached its third-lowest level since 2012. 

US housing market exceeds one million active listings for first time since 2019

The U.S. housing market has exceeded one million active listings for the first time since the winter of 2019, according to Realtor.com’s May Monthly Housing Trends Report.

mortgage applications
Mortgage applications surge 12.5% on ‘looser housing inventory’ 

The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates. 

MLS subscriber-Realtor gap hits record level 

T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record. 

NAR repeals ‘no-commingling’ rule from MLS Policy Handbook

The National Association of REALTORS® Board of Directors repealed the non-commingling rule, often referred to as “no commingling,” which allowed MLSs to require non-MLS listings to be displayed separately from their own, during last week’s legislative meetings in Washington, D.C. 

NAR updates hate speech, harassment portions of Code of Ethics

The National Association of REALTORS® Board of Directors has approved changes to the portions of its Code of Ethics that deal with hate speech and harassment during this week’s legislative meetings in Washington, D.C. 

Cotality: Home-price gains slow to 13-year low  

The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool. 

Rate named Fortune’s ‘Best Mortgage Lender’ of June 2025

Rate has been named the “Best Mortgage Lender” of June 2025 by Fortune for its “smooth online mortgage experience,” including its innovative digital tools and array of loan options. 

Douglas Elliman launches Elliman International to expand company’s global reach

Douglas Elliman has launched Elliman International in a move to expand its services to key global markets and serve its agents, clients and developers’ growing international real estate needs. 

Keller Williams and Canva partner to boost agents’ marketing tools

Keller Williams has partnered with Canva, a design platform used to create graphics for social media, presentations and more, to provide KW-affiliated agents with enhanced access to marketing tools to grow their business.

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