Leon Mallett - Commercial and Residential Title Rep

10/09/2026

Americas housing sector is set to see nearly 14 million homes belonging to members of the baby boomer and Silent generations be released to the market over the next decade – though it may not directly lead to an influx of starter home listings, according to a new report.

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10/08/2026

According to a recent Redfin report, 21.1% of active U.S. listings had a price cut during the four weeks ending Sept. 20, the highest September share in its records. At the same time, bidding wars have faded, homes are lingering longer, and Redfin describes the current market as the strongest buyer’s market on record.

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10/07/2026

Fannie Mae and Freddie Mac introduced a one-time UAD 3.6 policy exception for approved sellers that cannot meet the Nov. 2, 2026, mandate, allowing new UAD 2.6 appraisal submissions through May 19, 2027, and resubmissions through June 27, 2027

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10/06/2026

Nearly half of home sellers are now offering incentives to unload their properties—even $20,000 in concessions and all-expenses-paid cruises

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10/06/2026

Growing brands are moving beyond urban markets to suburbs and smaller cities. This shift could create new opportunities for properties and markets that haven’t traditionally been at the center of retail growth.

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10/05/2026

The average new single-family home sold in 2025 was 11.6% smaller than in 2015. Average price per square foot rose 71.9% over the same period, although the figures are not adjusted for inflation. Smaller homes now represent a larger share of new construction, but recent sales and mortgage application data show that affordability remains a barrier.

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09/30/2026

The Detroit Land Bank Authority created the Buy Back Program to help residents reclaim ownership of homes connected to them through family ties, previous ownership or other qualifying circumstances. Participants complete financial literacy counseling, homeownership education and other requirements before receiving a deed.

Over the last decade, the program has helped more than 1,400 Detroiters become homeowners.

Detroit Mayor Mary Sheffield and the Detroit Land Bank Authority are celebrating the 67 Detroiters who are receiving deeds to their homes on Friday.

09/29/2026

First-time homebuyers of any income level could get up to $50,000 in federal funds for a down payment on a house, under a newly proposed bill introduced in the Senate last week.

The Homeownership Promise Act, introduced Wednesday by Oregon’s Senator Jeff Merkley and co-sponsored by another Oregon Senator Ron Wyden, would allow U.S. homebuyers to open "Homeownership Promise Accounts" and save on their first-time home purchase.

Under the proposal, the federal government would put $5 for every $1 saved by a first-time buyer for a down payment.

09/29/2026

Holiday shopping is starting earlier, with sales expected to reach as much as $1.71 trillion this season. For retailers and shopping centers, the shift could influence when traffic builds and how stores prepare for the busiest months of the year.

Deloitte forecasts holiday retail sales growth of 4.0% to 4.8%, while Accenture finds that nine in 10 consumers plan to shop before Black Friday and Cyber Monday.

09/29/2026

Sellers are getting more realistic about pricing, with fewer listings needing price cuts and adjustments happening sooner when they’re necessary. For agents, setting expectations around today’s market from the start can help keep listings competitive and transactions moving.

"In 2025, it was a game of chicken," says one real estate agent. "This year, the game is over."