More people were seeking mortgages last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.6% on a seasonally adjusted basis from one week earlier while...
California homeowners who rely on Travelers Insurance will be paying a lot more money for their residential insurance needs. According to a San Jose Mercury-News report, Travelers will be raising rates at an average of 15.3%, with some of the company’s 320,320...
More than 90% of metro markets posted home price gains during the first quarter, according to the National Association of Realtors (NAR). Home price increased were recorded in 205 of the 221 markets (93%) tracked by NAR and 30% of the tracked metros experienced...
Alanna McCargo, who stepped down last week as president of the Government National Mortgage Association (Ginnie Mae), has been named president and CEO of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco). McCargo will officially join the bank on June...
REEP Residential, a San Antonio-headquartered real estate management company, has recruited Yvette Davis as its new president. Davis is a Certified Property Manager (CPM) who was previously director of strategic operations at Emerge Living. Earlier in her career, she...
The Society of Industrial and Office Realtors (SIOR) has announced its 2024-2025 officers. SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Ohmes is the managing principal of the Minneapolis-St. Paul office of...
Hits and Misses for the Real Estate Week of June 8-12
