Roughly half (49%) of U.S. mortgaged residential properties were considered equity-rich in the second quarter, according to new data from ATTOM. This is a slight uptick from 47% in the first quarter and is also the highest level in at least four years. Nationwide, the...
Hub International Ltd., a Chicago-headquartered global insurance brokerage and financial services firm, has hired Blake Giannisis as North American property practice leader. In his new role, Giannisis will lead the further development of the company’s property...
With loan volume still quite low, many are nervous about the future. ATTOM released data which shows that just 1.25 million mortgages secured by residential property (1 to 4 units) were originated in the first quarter of 2023 in the United States – the lowest point...
The village government in Long Island that was the home of accused serial killer Rex Heuermann is seeking to purchase the property. The New York Post reported the modest six-room single-family home in Massapequa Park was acquired in 1994 for $170,000 by Heuermann, an...
The campus of a defunct college in upstate New York is being repositioned as a law enforcement training center. The former property of Cazenovia College is being leased for the next two years as the home of the New York State Police Auxiliary Academy. The lease...
This article is adapted from written testimony presented before a recent hearing of the U.S. Senate Subcommittee on Housing, Transportation, and Community Development. I am a lawyer who supervises a practice group at Mid-Minnesota Legal Aid in Minneapolis. My practice...