The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) announced the $12.8 million the sale of Cape Fear Village, a 183-lot mobile home property located in Fayetteville, North Carolina. Cape Fear Village opened in 2000 and spans 45.8 acres. The...
The U.S. Department of Housing and Urban Development (HUD) announced that Alanna McCargo is resigning as president of the Government National Mortgage Association (Ginnie Mae), effective May 3. McCargo became Ginnie Mae’s 18th president and first female leader...
The median-priced U.S. luxury home sold for a record $1.225 million in the first quarter, up 8.7% from a year earlier, according to new data from Redfin (NASDAQ: RDFN). In comparison, the median price for non-luxury homes rose by 4.6% year-over-year to $345,000, also...
Home sales across Pennsylvania spiked by 23.6% from February to March, hitting 8,790 last month, according to new data from the Pennsylvania Association of Realtors (PAR). On a year-over-year basis, however, sales are down 10.5%. Home listings on the market increased...
New York City recorded $1.44 billion in multifamily sales during the first quarter of this year, according to new data from Ariel Property Advisors. This represented a 23% year-over-year increase. Predominantly free market building sales accounted for slightly more...
Hits and Misses for the Real Estate Week of June 29-July 3
