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Builder Confidence in Multifamily Market Down in Q1

Builder Confidence in Multifamily Market Down in Q1

by Phil Hall | May 9, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for new multifamily housing declined year-over-year during the first quarter, according to the National Association of Home Builders’ (NAHB) Multifamily Market Survey. The Multifamily Production Index (MPI) had a reading of 44, down...
Mortgage Credit Availability Holds Steady

Mortgage Credit Availability Holds Steady

by Phil Hall | May 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage credit availability remained unchanged from March to April, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI remained unchanged at 102.9 in April; the index was benchmarked to 100 in March...
Alexander Brothers Face Wider Indictments in Sex Trafficking Case

Alexander Brothers Face Wider Indictments in Sex Trafficking Case

by Phil Hall | May 9, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A superseding indictment has been brought against the Alexander brothers to include six victims, including an underage girl. The New York Times reports Manhattan federal prosecutors filed the new indictment on Thursday against Oren and Tal Alexander – who were luxury...
FirstService Residential Acquires Core Real Estate Group

FirstService Residential Acquires Core Real Estate Group

by Phil Hall | May 9, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

FirstService Residential, the Dania Beach, Florida-based property management firm and a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), has acquired Edmonton-based Core Real Estate Group. Founded in 2011, Core Real Estate Group manages more than 15,000...
Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James

Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James

by Phil Hall | May 8, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

A criminal investigation has been opened by the FBI and the US Attorney’s Office in Albany into allegations of mortgage fraud committed by New York Attorney General Letitia James. The Albany Times-Union first reported the story, which followed a criminal referral...
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