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Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter

Report: Realtors Complain of ‘Stagnated’ Market in Hometown of Trump Shooter

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Realtors in the hometown of Thomas Matthew Crooks, the shooter who took aim at former President Donald Trump, are reporting a significant slowdown in residential property showings since last Saturday’s assassination attempt. TMZ spoke with multiple realtors...
MBA: Slower Pace on Applications for New Home Purchase Applications

MBA: Slower Pace on Applications for New Home Purchase Applications

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases in June inched up 0.7% year-over-year but dropped by 16% month-over-month, according to new data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally adjusted...
Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing

Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apple Inc. (NASDAQ:AAPL) has partnered with three nonprofits – San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home – to launch the new Bay Area Housing Innovation Fund with the goal of originating targeted loans to advance affordable...
NHP Foundation Acquires Historic Section 8 Property in Massachusetts

NHP Foundation Acquires Historic Section 8 Property in Massachusetts

by Phil Hall | Jul 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
All Units Sold at NYC Luxury Condo Giorgio Armani Residences

All Units Sold at NYC Luxury Condo Giorgio Armani Residences

by Phil Hall | Jul 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Drop Again

Mortgage Rates Drop Again

by Phil Hall | Jul 18, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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