NHP Foundation, a provider of quality affordable housing, has acquired New Port Antonio, a historic Section 8 property in Roxbury, Massachusetts. This acquisition is one of the largest transactions by the foundation and was financed through the assumption of an...
SL Green Realty Corp. announced the sellout of the luxury Giorgio Armani Residences on Manhattan’s Upper East Side. According to the company, all 10 residential units within the condominium project are now under contract for gross consideration totaling $168.2...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.77% as of July 18, down from last week when it averaged 6.89%. A year ago at this time, it averaged...
Home sales during June stumbled by 7.2% from May and plummeted 11.6% year-over-year, according to the latest national housing market report from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). Across the 50 metro areas surveyed for the report, inventory rose...
Sen. JD Vance accepted the Republican Party’s nomination for vice president with an acknowledgment of the challenges facing the U.S. housing market. However, the Ohio senator focused on what he perceived to be the roots of the problems but did not offer strategies for...
California’s closed escrow sales of existing, single-family detached homes totaled a seasonally adjusted annualized rate of 270,200 in June, according to data from the California Association of Realtors (CAR). This represented a 0.8% drop from the revised 272,410...
