Hong Kong residents in search of an apartment in the city’s public housing system will need to exercise patience – a lot of patience. According to a report in the South China Morning Post, the average waiting time for a Hong Kong public rental unit is 5.3 years....
Zillow Group (NASDAQ:Z, ZG) is teaming with Redfin (NASDAQ:RDFN) in a strategic partnership designed to expand the reach of home builder listings on Zillow and while allowing Redfin customers to explore a broader range of new-construction homes for sale. Builders...
Heritage Bank of Commerce, a San Jose-headquartered subsidiary of Heritage Commerce Corp. (NASDAQ: HTBK), has appointed Susan Just as executive vice president and chief credit officer, effective Sept. 7. She will replace Margo Butsch, who recently announced her...
The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) has allocated $2 million in additional funds for its pilot HomeBoost down payment assistance program designed to expand minority homeownership. HomeBoost was announced by the bank in early July with an...
Foreign buyers purchased $53.3 billion worth of U.S. existing homes during the period from April 2022 through March 2023, according to new data from the National Association of Realtors (NAR). This represented a 9.6% decline from the 12-month period one year earlier....
A total of $480.1 billion in new mortgages were originated in 2022 for apartment buildings with five or more units, according to new data from the Mortgage Bankers Association. This represents a 1% year-over-year decline. Last year’s total was generated by 2,242...
A Phil Hall Op-Ed: Lost in the Mail
