Despite Banking Turmoil and Flight to Safety on Bonds, FOMC Raises FFR by 25bps
In what was deemed a “game-time decision” by Fed Chair Jerome Powell, the FOMC has opted to raise the Federal Funds Rate by .25%, or 25 bps, according to the statement released today. The target FFR is now 4.75-5%, which is now the highest it has been since 2007. The...
Luxury Home Sales in Miami-Dade Surpasses Pre-Pandemic Levels
Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released by the MIAMI...
A New Luxury Apartment Community is Coming to Norwalk, CT
Toll Brothers, Inc. a national builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company LLC have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn....
Real Estate Mobile App wins ADDY Awards
Revive, a presale home renovation solution for sellers, is the winner of two ADDY Awards, a national award program for the advertising industry. The company received a Silver ADDY for its Revive Real Estate Mobile App and a Bronze ADDY for its website from the...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
