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Mortgage Rates Continue to Decline

Mortgage Rates Continue to Decline

by Phil Hall | Apr 3, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates sank again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.64% as of April 3, down slightly from last week when it averaged 6.65%. A year ago at this time, it averaged...
Avanti Residential Unveils LIHTC-Focused Affiliate

Avanti Residential Unveils LIHTC-Focused Affiliate

by Phil Hall | Apr 3, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Avanti Residential, a Denver-based multifamily investor and operator, has rolled out its new affiliate Avanti Residential Housing, which will focus on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation. The new Tampa-based affiliate will...
Toronto Home Sales and Prices in Decline

Toronto Home Sales and Prices in Decline

by Phil Hall | Apr 3, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A total of 5,011 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in March, a 23.1% year-over-year decline. On an unadjusted basis, March sales were down month-over-month compared to February. While sales were down, new...
Private Connecticut Island Relisted at Discount

Private Connecticut Island Relisted at Discount

by Phil Hall | Apr 3, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A private island in Connecticut has been relisted with a $250,000 discount. The Register Citizen reports Burr Island, also known as Jepson Island, is up for sale again at $1.05 million after being taken off the market last November. Burr Island is part of the Thimble...
M&G Promotes Martin Towns to Global Head of Real Estate

M&G Promotes Martin Towns to Global Head of Real Estate

by Phil Hall | Apr 3, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

M&G plc, the London-headquartered global investment manager, announced the appointment of Martin Towns as the global head of its $42 billion real estate business, effective July 1. Towns, who is currently deputy global head of M&G Real Estate, will replace...
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