Source: New York Post — Deadbeat landlords are fueling the national housing crisis by refusing to pay property taxes — instead allowing low- and middle-income homes to go into foreclosure, thus removing houses from the market and dimming supply, according to...
Source: Vox — What if one of the answers to America’s housing crisis is something that’s been staring us in the face? Public housing — but not exactly the kind most people think of. Even before the pandemic, the nation had too few homes available to buy or...
Source: Forbes —Â Today, the average rate on a 30-year fixed mortgage is 5.54%, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.80%. On a 30-year jumbo mortgage, the average rate is 5.54%, and the average rate on a 5/1 ARM is 4.16%....
Source: Renaissance Capital —Â La Rosa Holdings, a Florida-based residential real estate brokerage franchise, lowered the proposed deal size for its upcoming IPO on Wednesday. The Celebration, FL-based company now plans to raise $7 million by offering 0.7...
Source: CNBC —Â Mortgage applications inched up last week for the first time since June 24. Total mortgage demand increased 1.2% as the average 30-year fixed mortgage rate made the largest weekly drop since 2020. Applications to refinance a home rose 2%,...
Source: Omaha Daily Herald — The commercial real estate world is changing by the day with rising interest rates, supply chain delays and re-envisioning the modern office space. Professionals in the industry will gather for the annual Commercial Real Estate...
