In what is getting to become a monthly event, the S&P CoreLogic Case-Shiller Index has soared to yet another all-time high. “Our home price index has appreciated 4.1% year-to-date, the fastest start in two years,” said Brian D. Luke, head of commodities, real and...
The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
The homebuilder Tri Pointe Homes (NYSE:TPH) announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. The new project is based within Greenfield Communities’ 550-acre Serenity development in North Carolina’s Harnett County, just...
The Bainbridge Companies LLC), a multifamily real estate development firm, has announced the opening of Bainbridge The Grand in Orlando. The 390-unit luxury apartment community offers one-, two- and three-bedroom homes ranging from 687 to 1,506 square feet. Community...
A new luxury home purchase might be evidence that the troubled marriage of Hollywood A-listers Ben Affleck and Jennifer Lopez is nearing its end. TMZ reported that Affleck acquired a $20.5 million mansion in Pacific Palisades. The 6,247-square-foot residence has five...
The New Mexico Mortgage Finance Authority, the quasi-governmental entity that provides financing to low- and moderate-income state residents, has rebranded as Housing New Mexico. Executive Director and CEO Isidoro Hernandez noted the entity was not officially or...
Hits and Misses for the Real Estate Week of April 27-May 1
