The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart communities and smart operations solutions for the rental housing industry, announced a transition plan impacting the company’s leadership. CEO Lucas Haldeman has stepped down from his position...
California Gov. Gavin Newsom has ordered state and municipal agencies to being the dismantling thousands of homeless encampments across his state, where an estimated 180,000 people are unhoused. Newsom’s order follows last month’s Supreme Court ruling that...
Enid C. Pinkney, an educator who played a prominent role in preserving and restoring historic sites linked to the heritage of Miami’s Black population, passed away on July 18 at the age of 92. Born in Miami on Oct. 15, 1931, Pinkney graduated from Booker T. Washington...
The Denver City Council hit the brakes on Mayor Mike Johnston’s proposal to increase the sales tax to fund affordable housing development. The proposal, which was floated earlier this month, would add an extra 0.5% to the city’s current effective 8.81% sales tax...
Utah real estate professionals might want to start put together a new 10-year business development plan as the International Olympic Committee (IOC) has awarded the 2034 Winter Olympics to Salt Lake City. The Utah capital previously hosted the Winter Olympics in 2002...
Hits and Misses for the Real Estate Week of June 22-26
