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New York company makes City’s largest real estate purchase

New York company makes City’s largest real estate purchase

by Third Party | Jan 5, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Santa Monica Daily Press —  The largest real estate deal in the city’s history closed this week with the sale of eight properties to New York based real estate company Tishman Speyer. According to a statement from brokerage Walker & Dunlop, Tishman’s...
Former San Diego real estate agent sentenced to prison for fraud scheme

Former San Diego real estate agent sentenced to prison for fraud scheme

by Third Party | Jan 5, 2022 | News/Current Events, Real Estate News

Source: ABC 10 News San Diego—  SAN DIEGO (CNS) – A former San Diego real estate agent was sentenced Monday to more than five years in prison for orchestrating a fraud scheme that bilked investors out of millions of dollars. Alexander Avergoon, who was...
Mortgage Rates Increased to 3.27% Last Week. Here’s What Experts Forecast Amid Rising Inflation and COVID Cases

Mortgage Rates Increased to 3.27% Last Week. Here’s What Experts Forecast Amid Rising Inflation and COVID Cases

by Third Party | Jan 4, 2022 | Mortgage Information, News/Current Events

Source: Next Advisor —  Mortgage rates increased slightly by 0.01% last week to 3.27%, a movement consistent with what housing experts have been forecasting for months: Mortgage rates will rise in 2022.  Rates have been moving up and down slightly amid growing...
Non-profit pays off mortgage on home of U.S. Marshal killed in Baton Rouge

Non-profit pays off mortgage on home of U.S. Marshal killed in Baton Rouge

by Third Party | Jan 4, 2022 | Mortgage Information, News/Current Events

Source: brproud.com —  JACKSON, Miss. (AP) — A non-profit group has fully paid the mortgage of a U.S. Marshal killed in the line of duty at a motel in Baton Rouge, Louisiana. The Tunnel to Towers Foundation in a news release announced New Year’s Eve that it had...
From A Perfect Storm To Hitting Its Stride: What 2022’s Buyers Can Expect In New York City’s Real Estate Market

From A Perfect Storm To Hitting Its Stride: What 2022’s Buyers Can Expect In New York City’s Real Estate Market

by Third Party | Jan 4, 2022 | News/Current Events, Real Estate News

Source: Forbes —  This past year was remarkable for its deal volume, but below the surface, several trends emerged which may be instructional heading into the new year. From a growing divide of luxury coops and condos, to townhouses finding a bid, to New York...
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