The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced a $10 million investment in a Freddie Mac bond issuance that will support the continuing affordability of 436 housing units for low-income residents in Phoenix. The new investment follows...
Newmark Group Inc. (NASDAQ: NMRK) announced an alliance agreement with Mountain West Commercial Real Estate, a brokerage focused on the Idaho, Montana, Nevada, Utah and Wyoming markets. Under the terms of this alliance, Mountain West will operate as Newmark Mountain...
The Real Brokerage Inc. (NASDAQ: REAX) announced that real estate coach, author and entrepreneur Pam O’Bryant has joined the company and launched a new team serving the District of Columbia, Maryland and Virginia markets. O’Bryant is best known for her career at...
President Trump announced he is considering a potential lawsuit against Federal Reserve Chairman Jerome Powell, citing the cost overruns on the $2.5 billion renovation project at the central bank’s headquarters in Washington, DC. In a Truth Social post, Trump...
New data from the National Association of Realtors (NAR) has determined three-quarters of the US metro markets (170 out of 228) registered home price gains during the second quarter, which is down from 83% in the first quarter. Only 5% of metro areas recorded...
The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Mortgage Delinquency Rate Inches Up to 3.72%
