Fewer mortgage applications were being processed for the week ending Jan. 3, according to data from the Mortgage Bankers Association (MBA); the week’s results included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage...
The Real Brokerage Inc. (NASDAQ: REAX) announced Harvest Realty, an independent brokerage serving Southern California, has joined its network. Founded by Chinese immigrants Christine Li and John Zhang in 2014, Harvest Realty brings 550 agents who specialize in serving...
The multifamily investment management firm S2 Capital acquired a distressed multifamily portfolio consisting of five properties facing foreclosure in Dallas, Nashville, and Knoxville, Tennessee, encompassing 1,768 units. S2 invested $60 million of rescue capital in a...
The University of California, Los Angeles (UCLA) has created a master of real estate development program (MRED). According to the school, the new one-year UCLA Luskin MRED will be housed in the Luskin School of Public Affairs’ urban planning department and will...
Roughly three-quarters (76%) of Canadians stating they were unlikely to purchase a new home in the coming year – up from 72% in the fourth quarter of 2023. According to Q4 2024 Consumer Pulse survey from TransUnion (NYSE: TRU) that polled 1,000 adults, 59% of...
The US Department of Justice (DOJ) and 10 state attorneys general filed an amended complaint in its antitrust lawsuit against the software company RealPage to sue six of the nation’s largest landlords for allegedly using algorithmic pricing schemes to inflate the...
Hits and Misses for the Real Estate Week of April 27-May 1
