For several years now, nearly every serious discussion about housing affordability has eventually arrived at the same conclusion: America needs more homes. I don’t disagree with that conclusion. What bothers me is how often we stop the conversation there, as...
Illinois recorded a total of 13,503 homes sales (including single-family homes and condominiums) in July, a 0.8% uptick from the 13,390 sold one year before. According to data from Illinois Realtors, the 22,363 homes available for sale statewide last month were 4.7%...
CrossCountry Mortgage LLC (CCM) has completed its previously announced acquisition of Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust. Going forward, Two Harbors will become a privately held subsidiary of CCM,...
Two new data reports have affirmed the continuation of year-over-year home price acceleration. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.5% annual gain in June, up from a 1.2% rise in the previous month. The 10-City Composite...
California Gov. Gavin Newsom and wife Jennifer Siebel Newsom have listed their Sacramento-area mansion for sale at $7.5 million. The New York Post reports the 12,000-square-foot Fair Oaks home is located on an eight-acre parcel in a gated community. The listing for...
FHA Opens Multifamily Mortgage Insurance to Build-to-Rent Communities
