The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 35 basis points to 6.65% in March, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 198 basis points from 4.67%. Last month, the overall...
Last month, 20.5% of homes nationwide – roughly one in five – sold for above their original list price, according to new data from Redfin (NASDAQ: RDFN). This is down from a 22.8% share recorded one year earlier. Nearly two-thirds of transactions (64.2%) were closed...
HGTV, a brand within the portfolio of Warner Bros. Discovery (NASDAQ: WBD), has launched its HGTV Smart Home 2025 sweepstakes with a newly renovated, fully furnished home in San Antonio, Texas, as a grand prize. According to HGTV, the winner of the sweepstakes will...
Ground has been broken on a new apartment development located near Cornell University in Ithaca, New York, that will serve Cornell graduate students, university affiliates, and the greater Ithaca community. The new Theory Ithaca project is developed by PeakMade Real...
The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) has launched the Hundred Homes Initiative, with the goal of offering $5 million in funding to move 100 households living in mobile homes constructed before June 15, 1976, into updated housing. The date was...
