Miami Beach-based Foundation Mortgage has hired Samuel Bjelac as senior vice president, national sales, third-party origination. Bjelac most recently served in the same position at Carrington Mortgage Services. Previously, he held senior leadership roles at...
Investors are continuing to make their impact felt in both high-end and affordable housing markets, according to Realtor.com’s Investor Report Mid-Year Update. While overall home sales declined 4.2% year-over-year in the second quarter, investor purchases fell...
Home prices were up 77% of metro markets (176 out of 230) during the third quarter, up from 75% in the second quarter. According to new data from the National Association of Realtors, 4% of metro areas recorded double-digit price gains in the third quarter, down...
Commercial and multifamily mortgage loan originations during the third quarter were up by 18% from the previous quarter and up 36% year-over-year, according to data from the Mortgage Bankers Association (MBA). Originations for office, retail, hotel, and multifamily...
The Denver Broncos has submitted a large development review pre-application to the City of Denver that details its preliminary plans for redeveloping a 58-acre former railroad yard as the preferred site of its new stadium. Included in the pre-application is a...
The New Mexico Association of Realtors (NMAR) has appointed David Saavedra as its new CEO. Saavedra served as interim CEO since July. According to the Albuquerque Journal, Saaverda is NMAR’s fourth CEO in two-and-a-half years, following Rob Wigton’s six months of...