The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) sank to an all-time low in May with a 2.5-point drop to 69.4. Last month, only 14% of consumers polled for the survey felt this is a good time to buy a home, down from 20% in the previous month, while...
Mortgage credit availability increased slightly in May, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by 0.1% to 94.1 in May; the index was benchmarked to 100 in March 2012. The...
DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
The San Francisco home whose exterior was used as the Tanner family residence in sitcom “Full House” has been listed for $6.5 million. According to Mansion Global, the Pacific Heights property was owned by the show’s creator, Jeff Franklin, who acquired it for $4...
Mortgage rates dipped in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.99% as of June 6, down from last week when it averaged 7.03%. A year ago at this time, it averaged 6.71%. The 15-year...
The fruit food and beverage company Welch’s has announced it will relocate its corporate headquarters to Waltham, Massachusetts, in 2025. The new Welch’s headquarters will be in Reservoir Place at 1601 Trapelo Road, a building owned by Boston Properties...
Hits and Misses for the Real Estate Week of May 11-15
