Fannie Mae (OTCQB: FNMA) announced a 3.2-point uptick in its Home Purchase Sentiment Index (HPSI) from May to June to a reading of 72.6. The HPSI is also up 6.6 points compared to the same time last year. In June, 19% of consumers surveyed for the HPSI data believed...
The Trump Organization is seeking to pursue more real estate projects in the Middle East, but it is unclear if this strategy will continue if Donald Trump returns to the White House. The company has agreements with the Saudi Arabian real estate company Dar Global to...
Minnesota’s Saint Paul Area Association of Realtors (SPAAR) announced the appointment of Gabe Walsh as its new CEO. Walsh succeeds John Fridlington, who passed away in January following a months-long bout with bladder cancer. Walsh was previously CEO of the Lake...
The global smart home market is predicted to attain a value of $734.75 billion by 2031, with a compound annual growth rate (CAGR) of 28.02%, according to a new market forecast published by SkyQuest. The security and access control market segments are expected to...
The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
The multifamily developer Thompson Thrift announced its latest development will be Terrassa, a Class A community in St. Augustine, Florida. Terrassa is part of the redevelopment of the former St. Augustine Outlets property off I-95 and will provide 324 one-, two- and...
Hits and Misses for the Real Estate Week of Aug. 3-7
