CBRE Group, Inc. (NYSE: CBRE) announced the promotion of two members of its legal team to senior executive roles. Chad Doellinger has been promoted to general counsel. Doellinger was a senior member of the CBRE legal group from May 2020 to April 2023 before being...
The U.S. Department of Housing and Urban Development (HUD) has unveiled Pathways to Removing Obstacles to Housing (PRO Housing), a new program that will provide $85 million in grants for communities to identify and remove barriers to affordable housing production and...
One of the world’s hottest luxury homes markets is Mumbai, India, where the sales of residences costing $1 million and higher increased by 50% during the first half of this year. According to a report in FXCompared.com, the sale of new luxury homes in Mumbai during...
The Institute for Economics and Peace (IEP) has published its 2023 Global Peace Index (GPI), which measures nations by their internal state of peace. And out of a list of 163 nations, the U.S. ranks 131st. What went wrong for the U.S.? For starters, the Global Peace...
Mortgage rates ascended anew in Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.81% as of July 27, up from last week when it averaged 6.78%. A year ago at this time, it averaged 5.30%. The 15-year...
U.S. mortgage delinquency plummeted to a historic depth, according to new data from CoreLogic that determined 2.6% of all mortgages were in some stage of delinquency during May. This is down from 2.8% in April and 2.7% in May 2022. During May, early-stage...
The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means fo…
