Sandy, Utah-headquartered Citywide Home Loans has named John Cady as its new president. Cady will be charged with continuing Citywide Home Loans’ 1national growth – the company currently has 55 offices in 36 states. Cady was previously senior financial president...
UC Asset LP (OTCQB: UCASU), an Atlanta-based entity focused on investing in real estate, announced it will be using its cashflow from net profit to buy back its stocks. “In the past 24 months we have made major adjustments to our investment strategy,” said founder...
While housing inventory remains close to historic lows, nearly 5.5 million homes across the nation’s largest metro areas remain vacant, according to new data published by LendingTree (NASDAQ:TREE). The average vacancy rate across the 50 largest U.S. metros is 7.22%....
Mortgage applications activity continued to evaporate, according to data from the Mortgage Bankers Association (MBA) for the week ending Sept. 29. The Market Composite Index, the trade group’s measure of mortgage loan application volume, dropped by 6% on both a...
Home prices were up year-over-year for the 139th consecutive month in August, according to new data from CoreLogic. August’s annual 3.7% home price gain was the highest since last February, and home prices ended the month 42% higher compared to the beginning of the...
Fannie Mae (OTCQB: FNMA) has entered a partnership with Pulsenomics LLC, an independent research and consulting firm, to produce the quarterly Home Price Expectations Survey (HPES) beginning this month. The HPES polls over 100 housing experts across the industry and...
Hits and Misses for the Real Estate Week of June 29-July 3
