New board members at the American Real Estate Association, a cryptic social media message from the Opendoor CEO, and who’s to blame for the European heat wave? From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 29-July 3....
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, announced that its common stockholders voted to approve the previously announced merger with CrossCountry Mortgage LLC (CCM) during a reconvened Special Meeting...
A total of 6,770 homes were sold through the Toronto Regional Real Estate Board’s (TRREB) MLS System in June, a 9.4% year-over-year spike. This occurred even though the 17,282 new listings entered into the MLS System represented a 12.9% year-over-year decline. On a...
A Pittsburgh property that played a significant role in Black American music history has received funding for a long-overdue renovation. WESA reports the former headquarters of the National Negro Opera Company has received a $1.75 million grant from the Mellon...
Atlanta-headquartered First Multiple Listing Service (FMLS) has hired Jenni Bonura as its new chief growth officer. Bonura brings two decades of senior real estate leadership experience to FMLS, which serves 57,000 real estate professionals across Georgia. She most...
Mortgage rates declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. A year ago at this time, it averaged 6.67%. The...
