A total of 1,122 housing units were sold in Delaware last month, up 10% from 1,022 one year earlier, according to new data from the Delaware Association of Realtors. The sales increase was attributed to 17% year-over-year increase in new listings. April’s active...
The Quebec Professional Association of Real Estate Brokers (QPAREB) has elected Serge Brousseau as president of its board of directors. Brousseau is the founding owner of the RE/MAX du Cartier agency, which encompasses six branches and over 350 brokers. He sat on the...
Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, Florida, has promoted Bob Dake to a principal of the firm. Dake joined the firm in 2021 as chief operating officer (COO) of Sterling’s...
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $645 on each loan they originated during the first quarter, according to data from the Mortgage Bankers Association (MBA). This represents a decline from the...
The Federal Home Loan Bank of Dallas (FHLBank Dallas) is now offering a $1 million fund to support affordable housing on tribal lands in its District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The new Native American Housing Opportunities Fund will...
Americans consider real estate as their best long-term investment, according to Gallup’s 2024 Economy and Personal Finance survey. In a choice of six investment options, real estate scored highest among the survey’s respondents with a 36% share, followed by stocks or...
Hits and Misses for the Real Estate Week of May 11-15
