The Federal Reserve raised its benchmark interest-rate range by 0.25 percentage point to 3.75%-4.00%, the first increase since 2023, as inflation picked up again last month. The increase was unanimously approved by policymakers despite President Trump calling for lower rates, and officials indicated another increase could come before the end of 2026. Baby boomers, aged 61 to 79, account for 42% of US home buyers and 55% of sellers. Their substantial or full home equity often enables cash purchases when they sell and buy again. Foreign demand is weakening: buyers acquired 67,100 existing US residences worth $45.3 billion between April 2025 and March 2026, the second-lowest total since the National Association of Realtors began tracking the activity in 2009. The median purchase price fell 19.1% to $465,000. Other items in the Top 10 Real Estate News feature include the completion of Cipriani Residences' Brickell tower, Florida's 11 consecutive months of annual sales gains, South Carolina's seven-year run as the most desired relocation destination, and Florida's dominance of retirement rankings. Congressman Tom Kean, Jr. introduced the MOVE Act to enable portable mortgages (home loans transferable to another property), while Florida's luxury-home sales also accelerated. Scarsdale, New York, ranked as the wealthiest US suburb based on 2024 American Community Survey data.