HGTV star Tarek El Moussa has revealed that he pockets $675,000 a month from his house flipping work. El Moussa shared his financial success in an interview on the podcast “Trading Secrets,” where he promoted his new book “Flip Your Life.” “Since I started in 2010,...
The total number of mortgages now in forbearance dipped by 2 basis points from 0.38% of servicers’ portfolio volume in February to 0.36% by the end of March, according to data from the Mortgage Bankers Association (MBA), which estimated 180,000 homeowners are in...
Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a series of comments on X today that offered somewhat unusual messaging on how the regulatory agency is operating. Pulte first declared, “After 4 years of the housing industry being asleep, Fannie Mae...
The NRP Group, a developer, builder, and manager of multifamily housing, announced the financial close and groundbreaking of a 340-unit, mixed-income housing community in Anna, Texas, located about 45 miles from Dallas. The new community will encompass diverse income...
During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
The BLVD Group, a developer and owner of affordable housing, announced its $57 million acquisition and planned renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. The company said it would create 30 new affordable units at the site....
