FinCen.gov
The new FinCen Residential Real Estate Rule became effective Sunday. The rule requires certain professionals involved in real estate closings and settlements to submit reports to FinCEN regarding certain non-financed transfers of residential real estate. Have questions
about how this might affect your business? Call Frank Pellegrini at 708/386-7900 ext. 1301.
NAR: Home Prices Increased in 3/4 of Metro Areas in Fourth Quarter of 2025. Midwest prices up 4.3%.
realtor.org
Home prices rose in 73% of metro markets (168 out of 230) during the fourth quarter of 2025, according to the National Association of REALTORS®’ latest quarterly report. In the Midwest, the median single-family existing-home price grew 4.3% year over year to $317,100.
Rejournals.com
What U.S. cities are currently the most profitable for multifamily investors? New research from LoopNet found that investors most interested in yield should investigate Detroit and Chicago
MISMO Publishes HUD Addendum Dataset for the Uniform Residential Loan Application
Mba.org
MISMO, the real estate finance industry’s standards organization, announced publication of a new dataset for the Department of Housing and Urban Development (HUD) Addendum to the Uniform Residential Loan Application. The HUD Addendum is required for Federal Housing Administration (FHA) loan originations and must be completed and signed by both the borrower and the Direct Endorsement (DE) underwriter during the initial and final stages of the loan application process.
Keeping Up: The Evolving Body of Real Estate Law
Rejournals.com
Real estate often appears to be a settled discipline—you sign a contract, conduct due diligence, close at a title company and the property becomes yours. While that may be an over-simplification, the recent past has brought an unprecedented wave of new real estate laws.
