The former chief financial officer (CFO) for a Los Angeles-based affordable housing developer was arrested for using state grant funds to pay for his personal expenses. According to an affidavit filed with the complaint, the California Department of Housing and...
September’s home sales were up 8.5% year-over-year, according to the latest REMAX National Housing Report. This marked the fourth month in 2025 where sales outpaced the previous year. Also in September, the active housing inventory was up 20% from one year earlier in...
The Chicago Housing Authority (CHA) has filed a lawsuit against the US Department of Housing and Urban Development (HUD) over new policies designed to eliminate funding for diversity, equity, and inclusion (DEI) mandates. According to the Chicago Sun-Times, CHA argued...
Pittsburgh-headquartered Howard Hanna Real Estate Services, the nation’s fifth-largest real estate company, has announced its acquisition of Manhattan-based Elegran Real Estate. The financial details of the deal were not disclosed. Elegran agents will join Howard...
A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
