Commercial and multifamily mortgage borrowing and lending is expected to rise to $583 billion this year, according to an updated forecast from the Mortgage Bankers Association (MBA). This represents a 16% increase from 2024’s estimated total of $503 billion....
A total of 30,816 residential properties carried foreclosure filings in January, according to new data from ATTOM. This is up 8% from December and down 7% from January 2024. Nationwide, one in every 4,618 housing units had a foreclosure filing last month. The states...
A Honolulu real estate developer was indicted for illegal political campaign contributions. Timothy Lee, CEO of JL Capital,48, was indicted by the Oahu Grand Jury and charged with nine counts of False Name Contribution that occurred in 2020. According to the...
The Mid-Atlantic region recorded a total of 13,117 transactions closed in January, up 8.5% increase from one year earlier, while the total of 14,971 new pending sales in January was down 5.2% from one year ago, according to data from Bright MLS. Showing activity was...
Century 21 Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), has announced a new multiyear partnership with Major League Soccer (MLS). In this partnership, Century 21 will serve as the Official Real Estate Services Partner of MLS, the MLS...
The Dallas-based apartment developer JPI has hired Jay Parsons as an economic advisor. Parsons is the head of investment strategy at Madera Residential in Lubbock, Texas – he will retain that job and work with JPI on a part-time basis. Parsons also hosts The Rent Roll...
