Mortgage rates ended 2024 hovering back to within the vicinity of the 7% level, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26, up from last week when it averaged...
The real estate development firm Thompson Thrift announced plans to develop Heritage on Hover, a 324-unit Class A multifamily community in the Boulder, Colorado-area suburb of Longmont. The property will encompass three-story buildings with one-, two- and...
Tech billionaire Larry Ellison has crossed the Atlantic to buy a London office property for roughly $202.8 million. The Oracle co-founder acquired the property from the Hong Kong listed investor Chinese Estates. According to a CoStar report, the West End property at...
The president of South Asia’s Republic of Maldives has shut down his government’s Ministry of Housing, Land and Urban Development and transferred its functions to other government ministries. The news site Avas reports President Mohamed Muizzu transferred the Housing...
A total of 3,462 homes were sold in Kentucky during November, a 16.6% drop from October but also a 4.3% year-over-year increase. According to data from Kentucky Realtors, the state offered 4,425 new listings last month, a 27.8% decline from October but also a 2%...
Flatiron Realty Capital LLC, a New York City-based private equity firm specializing in real estate lending, has rolled out IronLinc, an integrated system solution designed for real estate lending professionals. Developed in-house by an engineering team led by Chief...
