Mortgage rates were mixed in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of March 13, down slightly from last week when it averaged 6.67%. A year ago at this time, it averaged...
ERA Real Estate, a franchise brand within the Anywhere Real Estate Inc. (NYSE: HOUS) portfolio, has launched a season-long national media campaign across Major League Baseball (MLB) and Minor League Baseball (MiLB) games. The national media campaign features a mix of...
The typical down payment during the fourth quarter of 2024 was $30,250, according to a new report from Realtor.com. The level was slightly below the third quarter’s level but roughly $3,000 higher than one year prior. “As inventory recovers, the housing...
JP Morgan Real Estate Income Trust Inc. (JPMREIT) announced the acquisition of two Southeastern residential assets. The Preserve at Pine Valley, North Carolina, is a 219-unit, Class-B housing community, was acquired for $32.1 million in a 90/10 joint venture...
Greystar has announced the start of construction on Old Ivy Residences, a hybrid multifamily and build-for-rent community in Albemarle County, Virginia. The multifamily component of the development will have 336 garden-style apartments with one-, two- and...
Sen. Elizabeth Warren (D-MA) has declared that President Trump is planning to remove Federal Reserve Chairman Jerome Powell from his position. In an interview with Bloomberg Television, Warren claimed that Trump believes “all the power belongs to the king” and...
Hits and Misses for the Real Estate Week of May 11-15
