Detroit-headquartered Rocket Mortgage is withdrawing from the Canadian housing market. According to combined media reports, the company initially expanded to Canada in 2020 with a headquarters in Windsor, Ontario. Rocket Mortgage plans to complete its exit from the...
A new congressional bipartisan effort is seeking to expand the Housing Choice Vouchers program, more commonly known as Section 8 vouchers. The Choice in Affordable Housing Act was introduced in the Senate by Sens. Chris Coons (D-DE) and Kevin Cramer (R-ND) and in the...
Municipal fees are driving up the costs of new home construction in Canada, according to the 2024 Municipal Benchmarking Study from the Canadian Homebuilders Association (CHBA). The study determined that municipal fees charged on new residential developments increased...
Irvine, California-headquartered loanDepot Inc. announced the return of company founder and board chairman Anthony Hsieh to the executive leadership team as executive chairman of mortgage originations, while Frank Martell will step down as president, CEO and a board...
Tulsa-headquartered McGraw Realtors has acquired Trademark HSV Real Estate in Hot Springs Village, Arkansas. The financial terms of the deal were not disclosed. Arkansas Business reports Trademark will operate under McGraw brand while the acquired company’s leadership...
The senior living residences developer Harbert South Bay Partners is now constructing The Whitford of Dublin, a luxury senior living community in California’s Tri-Valley area near San Francisco. The Whitford of Dublin will encompass 5.74 acres and feature a total of...
Hits and Misses for the Real Estate Week of May 11-15
