The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced it will make $10 million in grant funding available to eligible housing counseling agencies. According to a press release from the department, the funds will enable the...
The Ontario Real Estate Association (OREA) announced the appointment of Rick Kedzior as its 2024 president. Kedzior has been an Oakville-based broker with Re/Max Aboutowne Realty Corp. since August 1994. In his new role, he will be representing Ontario’s nearly...
Federal Reserve Chairman Jerome Powell confirmed that the central bank will cut rates, but stopped short of offering a possible timeline on when rates will come down. In prepared remarks delivered today before the U.S. House Financial Services Committee, Powell noted...
The financially troubled New York Community Bancorp (NYSE:NYCB) is receiving a lifeline in the form of a capital investment worth more than $1 billion. The Wall Street Journal, citing unnamed “people familiar with the matter,” reported that Liberty Strategic, Citadel...
Today’s homebuyers place more emphasis on the property’s price rather than its location, according to a new survey released by Coldwell Banker Real Estate, an Anywhere (NYSE: HOUS) brand. In a nationwide poll of 4,213 Americans, 56% of respondents cited price as being...
Realtor.com and Zillow (NASDAQ:Z, ZG) have announced a new agreement for Zillow to be the exclusive provider of multifamily rental listings on Realtor.com. According to the companies, multifamily rental listings with 25 or more units advertised on Zillow will also be...