After four consecutive weeks of declining momentum, mortgage application activity perked up for the week ending Oct. 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Another property tax relief proposal has been put forth in the Florida legislature, this time with the goal to eliminate nearly all property taxied levied across the state. Newsweek reports State Rep. Kevin Steele, a Republican, has offered HJR 201, which would exempt...
The enterprise software group PartnerOne entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions. In a press statement, PartnerOne identified itself as a firm that “acquires software companies with...
The Tel Aviv Stock Exchange (TASE) announced a new equity index, the TA-Real Estate 35 index focused on Israel’s major real estate companies, will debut on Nov. 9. The index is restricted to the 35 largest real estate shares by market capitalization, selected from the...
A total of 90,083 closed home sales were transacted in Texas during the third quarter, a 4.9% year-over-year increase. All but four Texas metros had more home sales in the third quarter compared with the same time last year. According to data from Texas Realtors, the...