Sotheby’s International Realty has expanded into the Rochester, New York-area market with the addition of High Falls Sotheby’s International Realty. The newly added firm is the company’s 60th office in New York State, with 23 real estate associates serving...
Grubb Properties, a leading vertically integrated commercial real estate firm focused on the multifamily sector, has hired Gavin Morgan as managing director for investments. In his new role, Morgan will work on expanding Grubb’s capital formation efforts, with a...
Fannie Mae (FNMA/OTCQB) announced a series of changes within its leadership ranks. President David C. Benson will retire in early to mid-2024. He has been with the government-sponsored enterprise for 21 years and served in a wide range of positions, including interim...
New York Gov. Kathy Hochul signed legislation designed to protect state residents from deed theft. Legislation S.6577/A.6656 enables the New York State Attorney General and local district attorneys investigating or litigating deed theft to pause related eviction and...
U.S. home sales will likely decline by 18% this year, compounding a 17% reduction from last year – but next year should see a 15% increase in sales activity, according to a forecast from National Association of Realtors (NAR) Chief Economist Lawrence Yun. Speaking at...
Mortgage application activity is on the rise, according to new data from the Mortgage Bankers Association (MBA) for the week ending Nov. 10. The Market Composite Index, the trade group’s measure of mortgage loan application volume, increased 2.8% on a seasonally...
Hits and Misses for the Real Estate Week of June 29-July 3
