Mortgage credit availability increased last month, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) was up by 1.1% in March to 93.9; the index was benchmarked to 100 in March 2012. The...
Boston Mayor Michelle Wu is seeking a temporary hike in commercial property taxes, a move designed to fill the city’s budget gap without creating a greater tax burden on homeowners. A recent data analysis determined the city risks losing more than $1 billion in tax...
Lamacchia Realty is expanding its presence across Massachusetts with the acquisition of Springfield-based Sears Real Estate. Lamacchia Realty plans to continue to use the Sears Real Estate name along with Lamacchia Realty for at least a year during the branding...
The U.S. Department of Housing and Urban Development (HUD) is bringing charges against multiple entities for allegedly failing to design and construct a luxury condominium complex in San Juan, Puerto Rico, in accordance with the accessibility requirements of the Fair...
Rocket Mortgage, a division of Detroit-headquartered Rocket Companies (NYSE: RKT), has rolled out Rocket Logic, a patented artificial intelligence (AI) driven technology platform designed to close loans faster. According to the company, the platform combines insights...
Welker Properties, a Dallas-headquartered multifamily real estate development company, has debuted Prophet Homes, which is designed to offer investors access to off-market homes. According to the company, the Prophet Homes Real Estate Marketplace is designed to...
Hits and Misses for the Real Estate Week of June 15-19
