President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
The beleaguered San Francisco Centre, a once-grand shopping center that hosted 200 retail stores prior to the pandemic, is permanently closing on Jan. 26. The San Francisco Chronicle reports an employee at Ecco’s, the mall’s last remaining tenant, confirmed the...
New York State closed 2025 with 9,649 home sales in December, a 2.5% increase from 9,416 homes sold one year earlier. According to the New York State Association of Realtors, pending sales were up 2.1% from 6,214 homes under contract one year ago to 9,649 in December....
New Hampshire legislators are considering a bill that would enable residents to vote on whether to enact caps on locality and school district property taxes every two years. The Keene Sentinel reports an amendment to House Bill 1300 would require the following...
The women’s fashion retailer Francesca’s has begun closing all store locations. According to Women’s Wear Daily, the chain has more than 450 stores in 45 states, with 3,400 employed as associates. Francesca’s first opened in 1999 and filed for Chapter 11 bankruptcy in...
