A fight over the Fed, an upcoming exodus of Canadians returning going home, and a growing wave of property tax reform efforts. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 25-29. Miss: How Not to Lower Interest Rates....
Las Vegas led the nation’s major metro areas with the largest number of homes for sale in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. Last month, the total number of homes for sale in Las Vegas recorded a 31% year-over-year...
A trio Senate Democrats sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), to using his position for political machinations and to focus on lowering housing costs. The senators – Minority Leader Chuck Schumer of New York, Senate...
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
The San Francisco Housing Authority (SFHA) has come up with a new way to evict squatters: give them $5,000 Airbnb gift cards. According to combined media reports, the SFHA has been trying for over a year to remove dozens of households without leases from the decrepit...
The editorial board of the Wall Street Journal took a harsh aim at Bill Pulte, director of the Federal Housing Finance Agency (FHFA), for using Fannie Mae and Freddie Mac to target President Trump’s political foes with mortgage fraud accusations while failing to...
