Mortgage application activity was on the rise in the latest data from the Mortgage Bankers Association (MBA) for the week ending Jan. 31. The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up 2.2% on a seasonally adjusted basis...
A historic estate in Virginia that has been on the market for nearly eight years was sold for $20 million. FauquierNow.com reports the North Wales Estate in Faquier spans 1,482 acres across six parcels. The estate’s mansion was built between 1776 and 1796 and...
Rhino Investments Group, a Las Vegas-based commercial real estate firm specializing in value-add investments, has acquired Pavilions at San Mateo, a 148,749-square-foot retail shopping center in Albuquerque, New Mexico. Pavilions at San Mateo was built in 1997 and is...
The Elon Musk-run Department of Government Efficiency (DOGE) announced the termination of nearly two dozen leases on federal properties. In an X posting on Sunday evening, DOGE announced, “In the past 6 days, the number of lease terminations of underutilized buildings...
A news story that Dallas Mavericks star Luka Doncic purchased a $15 million home in Dallas days before the team unexpectedly traded him to the Los Angeles Lakers is not true. Athlon Sports reports the story was rooted in an episode of the podcast “Run It Back” with...
Hits and Misses for the Real Estate Week of May 4-8
