For most of my career around housing, we have talked about a real estate agent’s value as though it were one thing. It isn’t. An agent may help a buyer understand a market, find properties, arrange showings, evaluate price, write an offer, negotiate terms,...
Mortgage application activity edged up for the week ending Aug. 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased by a mild 0.8% on a seasonally adjusted...
The commercial mortgage-backed securities (CMBS) delinquency rate dipped by a single basis point to 7.85% in August, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.29%. Trepp noted that several large loans became delinquent last month...
Denver-headquartered REMAX announced the appointment of Alex Vidal as the brand’s president. Vidal most recently served as President of ERA Real Estate. In his new role, he will report directly to Tamir Poleg, chairman and CEO of Real REMAX Group (NASDAQ: REAX)....
10 Federal, a commercial real estate firm that manages approximately 135 self-storage properties across 16 states, has branched into the retail sector with its acquisition of Eric Lane Shopping Center in Burlington, North Carolina. Eric Lane Shopping Center comprises...
RateZip, an independent consumer rates platform, has launched its RateZip Deposit/Mortgage Rates in the ChatGPT app directory. According to the company, RateZip Deposit/Mortgage Rates is a live rate service that lets ChatGPT answer questions about current US savings...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
