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Mortgage Application Activity Surges by 20%

Mortgage Application Activity Surges by 20%

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

Mortgage applications surged to its highest level since last September, according to data from the Mortgage Bankers Association (MBA) covering the week ending April 4. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 20% on...
Northeast Housing Markets Lead Nation for Down Payment Increases

Northeast Housing Markets Lead Nation for Down Payment Increases

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

The Northeast led the nation last year with the greatest increases in median down payments while Southern and Western states recorded the most significant declines. According to new data from Realtor.com, Delaware led the nation in 2024 with a 38.6% rise in median...
Turnbridge Equities Acquires LA Industrial Park for $28 Million

Turnbridge Equities Acquires LA Industrial Park for $28 Million

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

Turnbridge Equities, a New York City-based real estate investment and development firm, has acquired Eton Industrial Park, a 205,000-square-foot multi-tenant industrial park located in the Canoga Park neighborhood of Los Angeles, for $28 million. The property is...
Newmark Promotes Lou Alvarado to Chief Operating Officer

Newmark Promotes Lou Alvarado to Chief Operating Officer

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

Newmark Group Inc. (NASDAQ: NMRK) has promoted Lou Alvarado to the newly created chief operating officer position. In this new role, Alvarado will be responsible for strengthening the company’s productivity and the sustainable expansion of business lines, including...
New Task Force to Investigate Potential Fraud in Addressing LA-Area Homelessness

New Task Force to Investigate Potential Fraud in Addressing LA-Area Homelessness

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

US Attorney Bill Essayli has launched the Homelessness Fraud and Corruption Task Force to investigate fraud, waste, abuse, and corruption involving funds allocated for addressing homelessness in the seven counties within the jurisdiction of the Central District of...
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