There was buoyant activity in the home loan market last week, according to data from the Mortgage Bankers Association (MBA). The trade group’s Market Composite Index was up by 6.3% on a seasonally adjusted basis from one week earlier, while the unadjusted index was...
The first quarter of this year was, to be charitable, something of a mess for commercial and multifamily mortgage loan originations – according to new data from the Mortgage Bankers Association (MBA), originations were down by 42% from the previous quarter and down...
Arizona’s Maricopa County took the number one ranking in the newly published list of top U.S. markets for luxury second homes published by the real estate marketplace Pacaso. “The county’s vibrant desert cities of Phoenix and Scottsdale offer world-class golf,...
National Association of Realtors (NAR) Chief Economist Lawrence Yun faulted the Federal Reserve for last week’s quarter-point rate hike, claiming it was unnecessary and predicted it will be the last hike for the near-future. Speaking before NAR’s 2023 Realtors...
A California county is under siege by fraudsters pretending to be property owners and tricking real estate agents into selling properties they do not own. According to a press statement from the Office of the District Attorney for San Luis Obispo County, the...
When it comes to luxury shopping in Manhattan, the ultra-rich are bypassing Tiffany’s and Bloomingdale’s and buying up office properties. According to a Bloomberg report analyzing data from Savills, seven of the 11 New York office property acquisitions completed in...
Hits and Misses for the Real Estate Week of Aug. 24-28
